Large energy exporters Brazil and Russia are the emerging markets poised to outperform as India and other Asian economies face headwinds, according to Credit Agricole Asset Management (CAAM).
Intech analyst picks relationships over research
Barclays Global Investors (BGI) has recruited a fixed income and currency analyst from Intech into its institutional distribution team.
Stop sitting on your cash, JANA tells clients
JANA Investment Advisors has been counselling its cashed-up clients to seize more active opportunities, in some cases recommending a reweighting toward international equities.
SuperRatings buys tech business to ensure new services
SuperRatings has acquired a controlling interest in its web-building service provider and rolled out two web-based member tools for super fund sites.
Pentafin prepares for life after Ascalon
Pentafin, a provider of integrated administration systems for retail financial services groups, has flagged that the significant Ascalon ownership it inherited through its merger with Direct Portfolio Services will not last long-term.
New ops head for RBC Dexia
The head of fund services at custodian RBC Dexia, Gordon Little, has been promoted to a widened role.
The Police get an automatic…administratively speaking
Pillar Administration has implemented Financial Synergy’s flagship software, Acurity, to automate the benefit payment calculations for another of its superannuation clients.
More members’ billions paid as commissions: ISN
A record $2.4 billion was “ripped” from the superannuation system in the form of sales commissions paid to financial advisers throughout 2007, according to a report commisioned by the Industry Super Network.
HIP targets illiquid secondaries in private equity spend
The $560 million Health Industry Plan (HIP) has doubled its commitment to private equity by awarding mandates to managers targeting illiquid secondaries.
Bennelong appoints first master custodian
Bennelong Funds Management, the family office and incubator recently expanded by two senior former ING Australian equities managers, has appointed a master custodian.
ACT Treasury puts custody out to tender
Master custody for the two ACT Treasury funds, with combined funds under management of $3.2 billion, has come up for review.
S&P exec exits to become consultant
After a decade-long tenure with Standard & Poor’s (S&P), a former director of the firm’s fund ratings team, Greg Barr, has left to become an asset consultant.
