The $12 billion Workcover Authority of NSW fund is understood to have embarked on a major restructure of its investments, including the replacement of five out of its eight Australian equities managers.
Getting its shorts right boosts Macquarie-backed Artefact
Shorting US old-media companies, real estate companies and financials has stood UK-based long/short manager Artefact Partners in good stead over the past few months.
New global head of investment consulting for Watson Wyatt
Roger Urwin, London-based global head of investment consulting for Watson Wyatt and a frequent visitor to Australia, is stepping down from his role to concentrate on his main passion, which is the development and delivery of research.
Tyndall plucks investment specialist from Series’ boutique
Tyndall has recruited an analyst from DVA Capital, the boutique being wound-up by founder Kerry Series, to its institutional team.
Statewide ups asset consultant scrutiny with new hire
South Australia-based Statewide Super is searching for an internal investment manager to assess research from its asset consultants, following the departure of a liaison officer in February.
Hannover Re loses Rei Super’s backing
Rei Super has ended its long-term relationship with group insurer Hannover Re, opting for another provider following a tender.
We’ll help pay for 12 per cent SG: the people
The Australian Institute of Superannuation Trustees has found fresh ammunition for its call to raise the compulsory super contribution to 12 per cent by 2012.
Access inspires revolution at Prime Super
The $1.1 billion Prime Super has transformed its portfolio following the appointment of Access Capital Advisers as asset consultant.
Vision Super swings into action after March investment review
Vision Super has swapped managers for a $95 million international equities mandate, and made commitments to three new private equity funds following its March-quarter review.
Perennial Real Estate in ESG world-first
Perennial Real Estate Investments is on the cusp of rolling out what is believed to be the world’s first listed global property securities fund that formally incorporates environmental, social and governance factors into the investment decision process.
First AASpire client goes live…
The NSW Electrical Superannuation Scheme (NESS) last month became the first AAS client to transfer to the member administrator’s new system, an overhauled version of Atune known as AASpire.
…as Atune’s true believer finally looks elsewhere
The long and troubled relationship between AAS and LUCRF Super is coming to an end.
