The managing director of Standard & Poor’s in Australia will leave at the end of July after 18 years, while the firm is understood to have hired a refugee from Allianz Global Investors as its head of manager research.
Palisade Investment Partners will seek about $200 million from wholesale investors when it reopens its newly-purchased Perpetual unlisted infrastructure funds in August, promising a ‘pure’ alternative to infrastructure driven out of investment banks.
First it was regional CIO Lochiel Crafter returning to Sydney to run the ARIA funds, then international business head Mark Lazberger leaving London for the Colonial First State GAM top spot – now another senior Australian import within State Street Global Advisors is homeward bound.
Pengana Capital has incubated an event-driven hedge fund run by two portfolio managers who left Rubicon Asset Management shortly after Allco bought the firm.
One of Challenger’s top account managers has left for Zurich Financial Services, filling the newly created role of national accounts manager – investments.
One of the country’s largest super funds has snapped up a portfolio manager from Perpetual Investments’ disbanded direct property team to become its first ever head of property.
The Electricity Supply Industry Super fund has dramatically increased its private equity and infrastructure exposure with five new mandates, while it also awarded a new mandate in emerging markets, and a mandate switch away from the Australian equities fund of Suncorp Investment Management.
University of Sydney students who are working towards funds management careers will receive complimentary access to Præmium’s portfolio administration service, V-Wrap, and market data system, p-Desktop, in a brand-conscious deal brokered by Praemium CEO, Arthur Naoumidis.