Lending greater weight to its aim of bringing environmental, social and governance (ESG) factors into investment analysis, Colonial First State Global Asset Management (CFS GAM) has appointed its first head of responsible investment.
Govt to get super advice…in confidence
Prominent figures in the industry have been assembled to form an advisory group that will guide the Government on superannuation policy – but its discussions will be kept secret.
pQuant in the UK
Milestone Group has secured its first UK client for its investment analytics software, pQuant.
NZ fund vetoes implemented consulting for $2bn of global shares
The New Zealand Government Superannuation Fund (GSF) has dumped plans to use an implemented consulting approach for its $2 billion international equities component, following a Chant West review.
Fall-out at Fisher, NZ’s biggest boutique
New Zealand’s most high-profile boutique manager, Fisher Funds, suffered a setback last week with the departure of chief investment officer and part-owner, Warren Couillault.
In search of an asset consultant fit for Print
Print Super, as the continuing fund in the merger with JUST Super, has called in Rice Warner Actuaries to run a full tender for its asset consulting contract, currently with Mercer Investment Consulting, while a tender for master custody will occur in the second half of 2008.
Rohan Hedley liquidates $US fund, but performance recovers
Former BT head of Australian equities, Rohan Hedley, is in the process of returning $25 million to investors from a US-denominated fund his Hayberry Investments boutique has decided to close.
Sam Sicilia to be CIO at HostPlus
The director of Russell’s Melbourne investment consulting practice, Sam Sicilia, has accepted the newly created role of chief investment officer at the $7.2 billion HostPlus industry fund.
Suncorp Investments marketing chief mulls Solaris offer
As Tyndall Investments prepares to announce its new head of marketing, former Suncorp Investment Management marketing chief Katherine Youhanna is considering an offer from the ex-Suncorp domestic equities team at Solaris.
GSJBWere enlists hedgie BDM to global strategies sales
GoldmanSachs JBWere (GSJBW) has recruited a Sydney-based business development manager from a boutique fundraising agent for US hedge funds to an internally-run alternatives vehicle.
BT puts Monterrey in the clear as Voyager winds up
BT Investment Management said that its Total Return Fund was not significantly impacted by a segregated mandate with Monterrey Investment Management, a hedge fund manager whose convertible bond arbitrage strategy is understood to have incurred heavy losses over the last six months.
Peter Mouatt’s Adam Smith to RE for itself and others
Peter Mouatt’s Adam Smith Asset Management is setting up its own responsible entity, Yield Capital Investors, as a conduit to the retail market for its own funds and even those of other managers.
