Colonial First State is about to appoint another alliance partner and has engaged a search firm to recruit a marketer to be in charge of the new manager’s distribution.
VFMC fundamental indexing pilot delivers results
The $37 billion Victorian Funds Management Corporation is looking to expand its fundamental indexing program, following the success of the portfolio in down markets.
Call for new inquiry into Australian financial system
A former member of the 1990s Wallis Committee, which led to the formation of APRA, has called for a new inquiry into the Australian financial system. A different sort of beauty parade for fundies
Oasis Africa, a charity which attracts financial services industry support, is holding a ‘Miss Africa Australia Beauty Pageant’ at Sydney’s Slide Cabaret & Club this Friday night. Evolution Media launches finance news TV online
Financial services marketing company Evolution Media will this week launch a web-based business news and information service for investors – evoTV.
SuperRatings goes to Joe Public with SuperSavvy
Fund ratings agency SuperRatings has launched a web-based information service for the general public to provide a range of research and super fund comparisons.
Managers forced to make way for King Cash
Trustees at funds like AustralianSuper have cashed up via their funds’ default option, at others such as AGEST members have cashed up themselves, but either way the chaotic markets are having a profound effect on investment mandates.
Mega funds press world leaders on road to Copenhagen
The P8 Group, a sustainability-focused consortium of the world’s largest pension funds, in which Australian super funds are represented by HESTA and the Australian Council of Super Investors (ACSI), will urge world leaders to battle climate change through the Poznan Communiqué this December.
Media Super to tender for new insurance contract
In the first major service provider review since its July 1 inception, the $3 billion Media Super is preparing to tender its member insurance contract.
… as IFM poaches Melbourne business manager
Colonial First State Global Asset Management has lost its head of superannuation business development to a newly created position at Industry Funds Management.
VFMC fundamental indexing pilot delivers results
The $37 billion Victorian Funds Management Corporation is looking to expand its fundamental indexing program, following the success of the portfolio in down markets.
