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.
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.
Credit Suisse Asset Management plans to introduce more emerging markets products in Australia as part of a “more dynamic” product suite which concentrates on alpha generation.
A fund owned by the Commonwealth Bank of Australia (CBA) has captured over 10 per cent of the net NZ$226 million to have flowed into the KiwiSaver retirement savings system since last October.
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.
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.
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.
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.