Western Asset has appointed a new head of investments in Australia, following the departure of its investment head to the Future Fund, as well as an Australian senior institutional business manager.
Super funds urged to stop greenmailer favouritism at LinQ
Two big WA-based super funds are being urged to join opponents to a proposal by the LinQ Resources Fund (LRF) to buy-back a combined 30 per cent holding from two activist hedge funds, amid claims the exclusive exits would be unjust.
Platypus replaces Pepe, finds new quant analyst
Platypus Asset Management has replaced the senior analysts who exited the top-performing boutique in late 2007.
REST pulls the pin on Threadneedle
REST Super has terminated a $360 million emerging market equities mandate with Threadneedle Asset Management, and also awarded an Australian large cap manager $100 million.
GMO hires historian to asset allocation team
Jack Gray has departed, but GMO might have found an equally colourful expert for its asset allocation team in the form of Edward Chancellor, a journalist, author and economic historian.
Australian manager exports services to Philippines
ING Investment Management Australia has been appointed to manage the Government Service Insurance System (GSIS) of the Philippines’ first allocation to global assets.
UniSuper members to get asset allocation freedom
UniSuper will offer accumulation members the ability to completely control the asset allocation of their account from mid-2008, rather than only offering them a choice of pre-mixed investment portfolios.
Austock AM lures two from the sell-side
Austock Asset Management has hired an investment manager and an equities analyst for its Australian equities fund – both coming from broking houses.
Mellon throws down transitions gauntlet with RBC Dexia poach
Mellon Transition Management Services has attracted high-profile transition manager John Venardos away from RBC Dexia Investor Services to run its new Australian business.
Bank of New York backs Bravura’s Rufus
The Bank of New York Mellon has extended its contract with Bravura Solutions’ ‘Rufus’ unit registry software, after selling it to the Australians in 2006.
Bank of New York backs Bravura's Rufus
The Bank of New York Mellon has extended its contract with Bravura Solutions’ ‘Rufus’ unit registry software, after selling it to the Australians in 2006.
