Non-Government Schools Super will lose investments manager Joanne Townsend at the end of the month, when she moves to a senior investments role at one of Australia’s largest industry funds.
SSgA pays out $US6m to one of five litigants
One of the five institutional investors suing State Street Global Advisers (SSgA) over sharp losses from a suite of purportedly low-risk fixed interest funds, which were exposed to subprime-backed securities, has reached a settlement with the manager.
Funds SA appoints three new Australian equity managers
A shuffle of Funds SA’s $5 billion Australian equities portfolio has created space for three new managers.
Avanteos joins Al Gore’s sustainable Generation
Commonwealth Bank-owned wholesale investment platform Avanteos has added the Colonial First State Generation Sustainability Fund to its 600-strong smorgasbord of managed fund options.
Oz equity start-up reaches $200m mark
Boutique Australian equities manager L1 Capital has won three more mandates from institutional investors, increasing its funds under management to reach $200 million.
AustralianSuper signs up for JPMorgan private equity system
JPMorgan Worldwide Securities Services has claimed its first client in Australia for the specialist private equity fund administration service it launched last year.
Former JPMorgan custody chief re-emerges
The former Australian head of JPMorgan Worldwide Securities Services, Tony Winwood, has taken a senior operational role at another custodian.
Scholarship available for new FEAL-Melbourne Business School qualification
Fund Executives Association Ltd (FEAL) has partnered with Melbourne Business School to offer a new post-graduate qualification specifically designed for executives in the superannuation and financial services industry – and a scholarship covering part of the qualification is available to one fund executive.
MFS vs MFS: Americans slap trademark infringement suit on Aussies
The MFS Group has declared it will fight a trademark infringement claim filed against it in a New York court by global equities giant Massachusetts Financial Services Company.
Maragiannis is back
The former head of institutional sales at Credit Suisse Asset Management (CSAM), John Maragiannis, will next month take a senior distribution role after nearly a year out of the industry.
NGS Super loses internal investment manager
Non-Government Schools Super will lose investments manager Joanne Townsend at the end of the month, when she moves to a senior investments role at one of Australia’s largest industry funds.
SSgA pays out $US6m to one of five litigants
One of the five institutional investors suing State Street Global Advisers (SSgA) over sharp losses from a suite of purportedly low-risk fixed interest funds, which were exposed to subprime-backed securities, has reached a settlement with the manager.
