Listed investment trust manager Aurora Funds Management has closed the capital raising for its fifth exchange traded fund, slated to list before the end of December, after raising $20 million in six weeks from Australian and New Zealand-based retail investors.
AXA gives more custody to RBC Dexia
RBC Dexia Investor Services has won the custody contract for AXA’s new super and pensions platform, North.
Battles and big appointments the top stories of ’07
As I&T News closes for another year, tales of conflict and big name poaching proved once again to be the stories you loved to read.
…as ARIA reserves 1% for 'dry powder' distressed debt
The $18 billion Australian Reward Investment Alliance (ARIA) has set aside up to 1 per cent of its total assets to a fund which will progressively identify distressed debt opportunities.
Nervous' investors give K2 a 400% inflow spike
Newly-listed hedge fund manager K2 Asset Management had its biggest month ever in net inflows in November, but it has little if nothing to do with the November 29 float on the Australian Stock Exchange, according to K2 founder and managing director Campbell Neal.
Battles and big appointments the top stories of '07
As I&T News closes for another year, tales of conflict and big name poaching proved once again to be the stories you loved to read.
Front-office recruits signal SimCorp’s OM³ push
SimCorp has recruited two ex-Colonial First State front-office specialists to assist purchasers of its buy-side software, Order Management³ (OM³), to implement the system.
Legg Mason launches three trusts for Brandywine
Multi-affiliate manager Legg Mason Asset Management has launched its first locally domiciled trusts for US-based value manager Brandywine Global Investment Management.
Van Eyk pulls $240m from bereft Suncorp Oz equities
Van Eyk’s Blueprint multimanager business has wasted no time in reacting to the departure of Suncorp Investment Management’s Australian equity team.
ipac senior quant heads for Whiter pastures
The investment management team of Axa-owned ipac will soon lose its quantitative analyst to institutional boutique White Funds Management.
Kapstream reaches $350m with two new mandates
AustralianSuper and the Catholic Superannuation and Retirement Fund (CSRF) have distributed $150 million between them in new money to fixed income boutique Kapstream Capital, while the manager acts on its current preference for cash over bonds.
Allianz Centre opens with green stars
A more energy efficient building at No.2 Market St. Sydney was unveiled yesterday as the most recent addition to the portfolios of Allianz Insurance Australia and Macquarie Office Trust.
