Master custody for the two ACT Treasury funds, with combined funds under management of $3.2 billion, has come up for review.
Two out of 16 get top Lonsec multimanager rating
Retail research house Lonsec has given just two multimanagers its ‘highly recommended’ rating in the firm’s annual review of the multimanager sector.
Dumped NZ Super CIO resurfaces
Paul Dyer, who was let go as CIO of the $14 billion New Zealand Superannuation Fund in March, has emerged in a newly created advisory role with the country’s second-largest crown-sponsored investment entity.
Fancy running $15b in Aussie equities? Call MLC.
The $80 billion multimanager MLC is looking to fill a new position which will be one of the industry’s most influential in the Australian equities asset class.
St George, Kaplan look to sell Ascalon
The co-owners of boutique incubator Ascalon Capital Management, St George Bank and Kaplan Funds Management, have called in an investment bank to assess options for offloading the business.
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.
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.
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.
