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.
NSW Local Govt Super to search for own CIO
The $7 billion NSW Local Government Superannuation Scheme (LGSS) has begun a search for its first-ever chief investment officer.
Kerry Series winds up boutique in preference for AMP role
Kerry Series’ dream of creating a Sydney-based Asian equities powerhouse will be more achievable in his newly-created role of AMP Capital Investors’ head of Asia-Pacific equities than it was in his own boutique, the fund manager said yesterday.
Regulatory over-reaction could make credit crunch worse – former Bush adviser
US economic growth will be hampered by regulatory over-reaction to the sub-prime mortgage crisis, predicted Philippa Malmgren, a visiting geopolitical adviser of the UK-based Canonbury Group, at last week’s FEAL Executive Forum in Melbourne.
Hyperion growth stocks to draw $200m from instos
Two institutional investors have all but locked-in up to $200 million in mandates with boutique Hyperion Asset Management (Hyperion AM) for its concentrated portfolio of large cap Australian growth stocks.
Mercer cuts manager from GTAA line-up
Mercer Global Investments (MGI) has terminated a mandate with one of its four global tactical asset allocation (GTAA) managers, after assigning it less than a year ago.
