Lazard Asset Management is to open its fourth Asian office following the recruitment of Henry Choon as managing director for business development and marketing in Asia ex-Japan.
NAB Custody part of new 'Wealth' group
NAB Custodian Services has been made part of a new group within the bank which includes the private banking arm, JANA Investment Consultants, NAB Financial Planning and specialised investments.
Future Fund’s custodian expands Melbourne office
Northern Trust has appointed a 15-year veteran with the firm to run its expanding Australian office in Melbourne.
Transitions bombshell: builder of Citi dominance jumps ship
The man who founded Citi’s transition management business nine years ago and built it into a near-monopoly resigned on Friday and will shortly move to a competitor.
AIST puts ‘easy super release’ promises in their place
The Australian Institute of Superannuation Trustees (AIST) last week clarified the conditions of early super release, hitting back against mortgage lenders promoting products that promised easy access to super in the event of a loan default.
Gary Cox retrenched as BT restructures super
BT Financial Group’s head of super solutions, Gary Cox, has become the most high profile casualty of a restructure putting superannuation on a more ‘enterprise-wide’ footing at its Westpac parent.
Citi taps into Kapstream for new FI hire
Alternative fixed income boutique Kapstream Capital has lost a director to Citi as the bank seeks to replace traders who left after former regional fixed income head, Jeff Herbert-Smith, exited.
MasterSuper takes the high conviction road
The $720 million corporate super fund MasterSuper has increased its exposure to managers with a higher tracking-error in a bid to add value.
Osborne to fly solo at BT income
John Sorrell will be departing BT Investment Management at the end of May, leaving Scott Osborne as the sole head of income strategies.
NabInvest, CFS GAM swap senior analysts
NabInvest’s first incubated funds manager, Northward Capital, has done an analyst swap with the Colonial First State Global Asset Management (CFS GAM) Australian equities team, albeit unplanned.
Future Fund’s custodian expands Melbourne office
Northern Trust has appointed a 15-year veteran with the firm to run its expanding Australian office in Melbourne.
AIST puts 'easy super release' promises in their place
The Australian Institute of Superannuation Trustees (AIST) last week clarified the conditions of early super release, hitting back against mortgage lenders promoting products that promised easy access to super in the event of a loan default.
