Ann Byrne, the outgoing chief executive officer of UniSuper, will lead the Australian Council of Superannuation Investors (ACSI) from April.
Aon members happy to pay for more insurance
Aon’s $1.7 billion corporate master trust has lauded a 90 per cent take-up for a fourfold increase in its default life insurance cover, and has outsourced administration of its 60,000 members to Pillar.
Praemium claims 3% of self-managed super market
Portfolio administration provider Praemium claims to have surpassed $11 billion under administration from Australian self-managed super funds, more than 3 per cent of the $300 billion market.
SimCorp signs up ex-Bravura exec
SimCorp Asia has hired a senior business consultant from Bravura Solutions to its professional services team.
DST International recruits a black belt
DST International (DSTi) has recruited sales and consulting personnel into its domestic business process management (BPM) software business, including one with a ‘six sigma black belt’ qualification in project management.
Matt Booker plots his next move after Paradice
Senior small caps portfolio manager Matthew Booker is considering his next move after lasting less than a year at Paradice Investment Management, where he has been replaced by former Investors Mutual analyst Rishi Khilnani.
Western Asset fills hole left by Future Fund
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.
