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.
Bye, bye, Don McLean: State Super chief to depart
Don McLean will leave the $38 billion NSW State Super as chief executive officer at the end of the month and consider career opportunities outside the funds management industry.
Floggers or not, planners want to be professionals
Whether they charge a flat fee or trailing commissions, financial planners want to be seen as professionals, the final plenary session at the Financial Planning Association (FPA) conference in Sydney heard on Friday.
Advance steps back from ‘crowded’ domestic LPT universe
St George-owned manager of managers Advance Asset Management has made a major shift to global listed property, allocating half its listed property fund to two global mandates in a move to diversify away from the increasingly concentrated Australian LPT universe.
Alexis George heads to Prague
ING Australia’s chief operating officer and former Cogent/BNP Paribas custody chief, Alexis George, has been posted to the Czech & Slovak Republics.
HSBC loses BT relationship manager
HSBC Securities Services has lost a senior manager of investment manager relations, whose primary responsibility was the bedrock BT/Westpac relationship.
Prime Value awards registry to DSTi
Prime Value Asset Management (Prime Value) has implemented the DST International (DSTi) registry solution, HiTrust, to improve its operational efficiency.
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.
Advance steps back from 'crowded' domestic LPT universe
St George-owned manager of managers Advance Asset Management has made a major shift to global listed property, allocating half its listed property fund to two global mandates in a move to diversify away from the increasingly concentrated Australian LPT universe.
Optimism: Good For business, bad for portfolios
Thanks to the rise of behavioural finance, funds managers are generally aware of the innate human biases which influence decisions. Whether they can adjust for them is another question. Now, with economists involved in the study and measurement of happiness, the role of optimism is being analysed at both the organisational and individual level. STEPHEN SHORE investigates how managers can harness exuberance, without letting it overtake them.
Warakirri gets set to open the doors to new investment team
ABN Amro Asset Management has responded to attempts to poach senior members of its Australian equity team by devising a new incentive structure, to which its star analysts have broadly agreed.
