ABN Amro Asset Management’s eight-person Australian equities team under George Clapham is close to finalising a deal under which it will own 60 per cent of a spun-out business.
No empty seats at UBS Aussie equities
The vacancies in the Australian equities team at UBS Global Asset Management (UBS GAM) – which arose after former chief Paul Fiani took several colleagues to form a boutique – have been filled after the appointment of three analysts.
Another ‘traditional’ Intech client set to walk
The $1.5 billion ASSET Super has put its asset consulting contract, currently with Intech, out to tender.
NGS Super diverts Suncorp-bound $150m to Solaris
Solaris Investment Management, a boutique made up of the entire former Suncorp Australian equities team, has been awarded a $150 million mandate originally destined for Suncorp.
Club Plus nurtures its young with age-based defaults
Industry fund Club Plus Super has introduced age-based default investment options to ensure its members take advantage of their youth.
BT loses first Aussie equities analyst since float
Specialist gold analyst and strategist Misha Collins has left BT Investment Management.
Ausmaq builds managed fund link with Praemium
Managed funds administrator Ausmaq and portfolio administrator Praemium yesterday announced completion of an integration program which will soon be taken up by another major institution.
Another new boss for Future Fund’s domestic custodian
ANZ Custodian Services, sub-custodian for Future Fund global custodian Northern Trust, has a new head after previous boss, Karl Mattingly, lasted barely four months in the role.
Another 'traditional' Intech client set to walk
The $1.5 billion ASSET Super has put its asset consulting contract, currently with Intech, out to tender.
Another new boss for Future Fund's domestic custodian
ANZ Custodian Services, sub-custodian for Future Fund global custodian Northern Trust, has a new head after previous boss, Karl Mattingly, lasted barely four months in the role.
Watson Wyatt proves internal fund investment people add value
The Watson Wyatt study on best investment practice for very big funds has confirmed a performance advantage of between 100-200bps for “good” governance, and even more of an advantage for “great” governance.
Former adviser to President Bush to open FEAL forum
A former international economic adviser to the US president, George Bush, is to open the upcoming Fund Executives Association (FEAL) executive forum in Melbourne on March 6.
