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.
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.
Vision Super weighs asset consulting options
Victoria’s local government super fund, Vision Super, has met with consultants hopeful of unseating Frontier Investment Consulting, whose latest contract in its long-running relationship with the $4 billion fund expired last month.
UK wrap foothold gives Bravura a lift it likes
The pain of losing most of his paper fortune has been eased somewhat for Bravura Solutions CEO Iain Dunstan, with a watershed UK wrap administration win and an Australian environment where “;every single funds manager is reviewing their systems”;.
Cross-fund matching finds 12,000 members in two months
Eligible rollover fund Ausfund has been taking advantage of its growing number of industry fund clients, matching member details across funds in its ongoing bid to reconnect more people with lost super.
Frontier makes three 'senior consultant' promotions
Frontier Investment Consulting has promoted three of its staff to the position of ‘senior consultant’.
