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.
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.
ING Investment Management Australia has been appointed to manage the Government Service Insurance System (GSIS) of the Philippines’ first allocation to global assets.
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.
Mellon Transition Management Services has attracted high-profile transition manager John Venardos away from RBC Dexia Investor Services to run its new Australian business.
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.
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.