Private client fund manager Caledonia Investments Group has rationalised its custody arrangements after having had two separate custodians for unit trusts and individually managed accounts since it opened over 10 years ago.
Melbourne's Bellwether to chase insto mandates
Australian equities fund manager Bellwether Partners has ramped up its presence in the local share market with fund flows from private clients increasing six-fold in its long/short fund and its first mandates from institutional investors expected early 2008.
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.
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.
Tribeca takes on the edginess of a new namesake
Tribeca Investment Partners, the former Jenkins Investment Management, will be pushing the boundaries in funds management, perhaps emulating the edginess of the avante garde Manhattan district which is the firm’s new namesake.
Super SA’s O’Flaherty gets the nod as FEAL director
The Fund Executives Association Ltd has voted in a new director, John O’Flaherty of Super SA, the South Australian public sector schemes administrator, to replace one of the founding directors, fellow South Australian, Frances Magill of Statewide Super.
UN PRI is not about altruism: Steve Gibbs
Most of the 25 super funds which have joined the United Nations ‘PRI’ pact, have done so not because it is the right thing to do but rather because it will reduce risks or increase returns or lead to both, according to Steve Gibbs, chief executive of ARIA.
Fairfield Greenwich sets up local trust for futures fund
Fairfield Greenwich Group, the New York-based fund of funds and alternatives manager, has launched its first Australian-domiciled fund.
Fidelity funded for global small-cap launch
Fidelity Investments has launched its first institutional fund in Australia since 2005 – a global small-cap fund – which has been seeded by an existing client.
Auscoal gets governance manager
The $5 billion Auscoal industry fund has hired Zurich’s former manager of trustee services to the newly created role of governance and trustee manager.
Suncorp Aussie equities to rebuild as ‘corporatised boutique’
A rebuilding Suncorp Australian equities team will lure staff with the ‘corporatised boutique’ model used by fellow Promina business Tyndall Investment Management, whereby senior investment staff co-own the business with their parent.
AMIST finds chief as Cahill leads staff to ClubPlus
Former FuturePlus managing director John Livanas will head up one of Australia’s two meat industry workers funds, but he’ll need to find a new member services manager when he arrives.
