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.
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.
SSgA taps Old Mutual for new chief
State Street has made the unusual move of going outside the firm in the recruitment of a new head for its funds management arm, State Street Global Advisors (SSgA).
Future Fund studies how to assess ESG issues
The Future Fund is looking to introduce a framework by which it can make investment decisions as they may be impacted by environmental, social and governance (ESG) issues.
Portfolio Partners hires new head BDM
Portfolio Partners has hired a head of business development as chief executive Craig Bingham finds Asian investors receptive to the manager’s new Resources Trust.
Mayday for Russell implemented clients after run on hedge FOF
A Russell hedge fund-of-funds which speaks for 3 per cent of both the Russell Growth and Russell Balanced funds commenced winding up with effect from 22 March, following a rush of redemption requests spurred by poor performance.
AustralianSuper mulls more active currency stance
AustralianSuper is running a review of its currency management, to determine if there’s merit in moving to a more active position.
Financial Facts seeks senior researcher after MacPoaching
Financial Facts, investment researcher for ING’s 1400 affiliated advisers, is seeking a research strategy manager after the five year incumbent took a new senior product sourcing role at Macquarie Private Wealth.
First non-IFM infrastructure mandate from AGEST
The $2.9 billion Australian Government Employees Superannuation Trust (AGEST) has for the first time dealt an infrastructure mandate to a manager other than Industry Funds Management (IFM).
