The $660 million ConnectSuper will soon offer a full financial planning service to members through an outsourced provider.
Apostle lays claim to midlands with new affiliate
Apostle Asset Management has targeted the global small and mid-cap equities market by allying with a specialist offshore manager.
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.
Three industry funds sign up for custodian monitoring
Three industry super funds have signed on global custodian consultancy Thomas Murray to monitor their custodians’ performance throughout the term of their respective contracts.
BNP PSS hires senior NCS rels manager
BNP Paribas Securities Services (BNP PSS) has appointed a former National Custodian Services senior relationship manager to its own relationship management ranks.
Lazard's Prugue to oversee new Hong Kong office
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.
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.
