International investment manager AIG Investments has opened an office in Australia, choosing Melbourne for its base after conversations with the New York-based Australian Consulate and the Victorian government, according to the global head of business development Steve Guterman.
Third time at head of table for new CARE chair
Industry fund CARE Super has changed its chairman, appointing an employer director for his third stint in the position during his ten years on the fund’s Board.
CapitalX or India? Superpartners down to two system options
Down to a shortlist of two options for replacing its R2 administration software, Superpartners is seriously considering building an entirely new system in partnership with India’s Tata Corporation.
Sue Willems back at a super fund
The former fund secretary of Non-Government Schools Super, Sue Willems, has left her senior policy advisor role at the Association of Superannuation Funds of Australia (ASFA) for a newly created role at another super fund.
BT Base Cover killed by member unawareness
BT Financial Group has scrapped Base Cover, an opt-out automatic insurance product which would have meant higher levels of cover and premiums for most members of its corporate and personal super products, after a large number of customer complaints.
Van Eyk anoints new head of research
van Eyk has promoted Nigel Douglas to the role filled until recently between Suzanne Tavill and Jerome Lander.
Equipsuper stops sec lending program
Equipsuper has decided to halt its securities lending program, based on concerns of market manipulation by short selling.
AIG Investments chooses Melbourne for new Aussie base
International investment manager AIG Investments has opened an office in Australia, choosing Melbourne for its base after conversations with the New York-based Australian Consulate and the Victorian government, according to the global head of business development Steve Guterman.
Third time at head of table for new CARE chair
Industry fund CARE Super has changed its chairman, appointing an employer director for his third stint in the position during his ten years on the fund’s Board.
CapitalX or India? Superpartners down to two system options
Down to a shortlist of two options for replacing its R2 administration software, Superpartners is seriously considering building an entirely new system in partnership with India’s Tata Corporation.
Watson Wyatt reignites debate on rising manager fees and charges
Watson Wyatt is again pressing for debate on manager fees and charges, with the release of an international research note on the rising costs associated with funds management.
Pinnacle gets Melbourne distribution head, Sydney to come
Pinnacle Investment Management’s first-ever director of distribution and client relationships started work in Melbourne this morning, after finishing a seven year stint with Legg Mason (formerly Citigroup Asset Management) on Friday.
