Australian Executor Trustees has hired Touchstone Group to administer its Corporate Trust division.
Multi-affiliate manager buys Australian foothold
An international multi-affiliate manager has signalled its expansion into Australia with the purchase of a controlling interest in a Sydney-based small cap boutique.
Clarification: VFMC’s CIO role
An international multi-affiliate manager has signalled its expansion into Australia with the purchase of a controlling interest in a Sydney-based small cap boutique.
Diversified managers seen as sellers: Putnam Lovell
Merger and acquisition activity among funds management firms has already slowed because of the credit crunch and is likely to be fuelled over the next 12 months by diversified firms looking to offload non-core asset management businesses, according to the latest report from Jefferies Putnam Lovell.
Cuffe and others offer guidance for tough times
Chris Cuffe, funds manager-turned philanthropist, will address industry breakfasts in Melbourne tomorrow morning and Sydney on Thursday on ‘Difficult Times – Tough Questions – Brave Answers’.
VFMC hires prominent expat to eye European deals
Victorian Funds Management Corporation has not only completed its first Australian direct infrastructure deal, but has contracted the former head of infrastructure investments at Abbey National to be its eyes and ears in Europe.
Investors Mutual departee heads north
The Queensland Investment Corporation has completed the replenishment of its small caps team with a hire out of Investors Mutual.
…and prepares D.I.Y hedge fund-of-funds
The implemented equities team of Queensland Investment Corporation (QIC) has drawn on only six underlying managers to build its own hedge fund-of-funds.
QIC awards big mandate to endowment-style manager…
The $80 billion Queensland Investment Corporation (QIC) has invested in a second manager with strategies modeled on those of elite US university endowments.
Short sellers deliver highest YTD hedge fund returns
Short selling strategies continued to add to positive year-to-date gains in July, despite another drop in returns from hedge funds tracked by Greenwich Alternative Investments.
HESTA hires former AWB secretary to implement UN PRI
The $13 billion HESTA industry fund has hired the former company secretary of the Australian Wheat Board as an investment analyst, overseeing the fund’s implementation of the United Nations Principles for Responsible Investment.
Aussie Executor Trustees streamlines with Touchstone
Australian Executor Trustees has hired Touchstone Group to administer its Corporate Trust division.
