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.
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.
Basis Capital sales force find new hedge fund homes
Nearly one year on from the collapse of $1.2 billion hedge fund Basis Capital, the firm’s distribution head has resurfaced in the domestic alternatives industry.
Frontier plucks new analyst from academia
Frontier Investment Consulting has appointed an authority on the effects of terrorism on financial markets as an analyst.
Head of S&P Australia/NZ walks, manager research boss hired
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.
For sale: $1.3 billion corporate master trust
The Legg Mason Corporate Super Master Trust, one of the oldest in the market, has requested proposals for the purchase of the $1.3 billion fund.
JANA hires as Russell loses staff
Asset consultant JANA Investment Advisers has appointed two former analysts from Russell Investment Group to boost its implemented consulting products, while globally, Russell digests top-level resignations.
Half-Indian solution for Superpartners system replacement
The biggest systems replacement in Australian member admin history has reached a new stage, with Superpartners set to proceed with two providers to help replace its ageing R2 platform.
MTAA Super appoints custodian monitor
MTAA Super has signed up a global custodian consultancy to monitor and benchmark its relationship with National Custodian Services.
AMP seeks new head for funds management's 'holy grail'
AMP Capital Investors is seeking a new head of private clients after the incumbent left on Friday.
Qantas Super's former consultant becomes its first CIO
The $6 billion Qantas Superannuation fund has appointed one of its former lead asset consultants to be the first-ever chief investment officer.
