ASX hopes for extra green from AQUA managed fund listings

The ASX launched its ‘AQUA’ listing service for managed funds and ETFs last week, amid hopes the financial turmoil would eventually reward more liquid and transparent structures, and prompt issuers to pay the bourse as much as 3.5 bps of FUM to house products.

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ASX hopes for extra green from AQUA managed fund listings

The ASX launched its ‘AQUA’ listing service for managed funds and ETFs last week, amid hopes the financial turmoil would eventually reward more liquid and transparent structures, and prompt issuers to pay the bourse as much as 3.5 bps of FUM to house products.

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…as Schroder, Contango usurp quant manager in small caps

A quant manager has lost its entire cornerstone position in Colonial FirstChoice’s $320 million Australian small cap portfolio, with head of investments Scott Tully declaring small caps  would be best suited to fundamental stockpickers in future.

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Michael Blayney up and goes from Watson Wyatt

Less than a month after asset consultant Watson Wyatt announced it was promoting Michael Blayney to head up its new Portfolio Construction Group, the firm is searching for a replacement, after Blayney departed last Tuesday to a local funds manager.

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