Mercer Investment Consulting ran 20 per cent more searches for alternative asset managers globally in 2007 than it did the previous year.
Superb no sop to Aon, it's the road to retail says Pillar…
Pillar Administration’s three-year contract with Bravura Solutions’ Superb platform, far from a condition foisted on it by new retail client Aon, would in fact help the NSW Government-owned business win more master trust clients, according to CEO Peter Beck.
Precedent for Citistreet to be left alone: ING Australia chief
Citistreet’s “;business to business”; model is different from the ING Australia (INGA) corporate super admin approach, and may be left as a standalone entity here following its global purchase by ING, according to acting INGA chief Ross Bowden.
Frontier gives one thumb up for agribusiness funds
Frontier Investment Consulting has given a cautious nod of approval to possible investments in some agribusiness funds, following a review of this new sector.
Ivy plants its hedge fund seed in Australia
Global hedge fund-of-funds manager Ivy Asset Management, which opened a Hong Kong office this year, is looking to offer a range of its funds in Australia.
Nicholas Applegate poaches from Suncorp for new country head
An experienced Suncorp Investment Management BDM has taken a new role heading up Nicholas Applegate Capital Management’s Australian presence.
The ‘good’ MFS hires first Sydney-based analyst
Boston-based global equities manager Massachussetts Financial Services (MFS) will welcome the head of Merrill Lynch’s equity sales desk as its first Australian-based stockpicker this month.
Telstra Super champions homegrown hedge fund
Bucking the trend for super funds to access absolute returns via offshore hedge fund-of-funds, Telstra Super has seeded a Melbourne-based Australian equity long/short manager.
Perpetual doubles multimanager team for alternatives onslaught
The $3 billion Perpetual Investments suite of multimanager funds has doubled its investment team in preparation for an expected $600 million investment in alternatives over the next two years.
AustralianSuper fends off sec lending protest
AustralianSuper has been asked by one of its small cap managers to cut back on the lending of securities in its portfolio, because the manager believed its performance was being eroded.
Contango moves to Melbourne-based custodian
Contango Asset Management has flagged geography as a reason for moving away from RBC Dexia Investor Services as provider of backoffice services to its pooled funds.
Precedent for Citistreet to be left alone: ING Australia chief
Citistreet’s “;business to business”; model is different from the ING Australia (INGA) corporate super admin approach, and may be left as a standalone entity here following its global purchase by ING, according to acting INGA chief Ross Bowden.
