A potential rise in “investment protectionism”, where countries tighten rules around the investments of sovereign wealth funds, is a major concern for the International Monetary Fund, according to the chair of the Future Fund board, David Murray.
Senior custody salesman jumps ship
The head of sales and relationship management at ANZ Custodian Services, Angelo Calvitto, has moved to another custodian.
We’ve redefined workflow, claims Pentafin
Pentafin’s recently-completed implementation of its OneVue product as Australian Unity’s unit registry system has introduced its new approach to workflow, which dispenses with the traditional method of sequential escalation between queues, according to Pentafin chief executive Connie McKeage.
ING's Aus equities quartet headed to incubator
A new Melbourne-based boutique incubator has scored its first coup, luring four of the ING Investment Management Australian equities team, including the two directors who have run and rebuilt ING IM’s process since 2004.
IAG backs Australia's only carbon fund
The Insurance Australia Group (IAG) statutory fund has dealt the first institutional mandate to Australia’s sole carbon fund.
Paradice's anniversary present to you: access
Paradice Investments’ $800 million mid-cap fund will celebrate its second birthday by opening for further investment, while its small-caps team is looking to add an analyst.
We've redefined workflow, claims Pentafin
Pentafin’s recently-completed implementation of its OneVue product as Australian Unity’s unit registry system has introduced its new approach to workflow, which dispenses with the traditional method of sequential escalation between queues, according to Pentafin chief executive Connie McKeage.
QIC snaps up former MLC private equity co-head
Queensland Investment Corporation’s private markets team has added a former co-manager of MLC’s private equity program, to help it achieve a target to almost double its invested exposure to the asset class by mid-2011.
Former ARIA chief to chair responsible investment academy
Steve Gibbs, formerly the chief executive of the $18 billion Australian Reward Investment Alliance, will be the chairman of a new responsible investment educational body in the Australasian region.
LGSS taps MacarthurCook for first CIO
The $6.1 billion NSW Local Government Superannuation Scheme (LGSS) has appointed the former head of real estate securities from MacarthurCook as its first chief investment officer.
UniSuper hires up for private markets focus
The $24 billion industry fund UniSuper has hired eight people to its investment team in the last four months, with a clear focus on further resourcing the private markets team.
Catholic fund to send 2500 cheques after unit pricing error
The $3.5 billion Catholic Super & Retirement Fund (CSRF) will this month recompense 2500 ex-members affected by a tax-related unit pricing error made two years ago.
