Maple-Brown Abbott has launched three funds domiciled in Dublin to mirror its local offerings in Australian and Asian equities.
QIC flicks Legg Mason for US long/short
Queensland Investment Corporation (QIC) has awarded an $80 million US equity long/short mandate to Aletheia Research and Management.
First Australian-based staffer for JPMorgan Asset Management
International investment manager JP Morgan Asset Management (JPMAM) has opened an Australian office to more aggressively promote its global product suite to local institutional investors.
Garradin’s Bowhill pops up at another listed IT company
Stephen Bowhill, the former chief executive of funds management systems provider Garradin, has become chief executive of a listed IT research and consulting firm.
BNP Paribas bags $2bn in master custody mandates
BNP Paribas Securities Services (BNP PSS) has been successful in two recent master custody tenders.
AIMA offers 10,000 reasons to promote Aussie hedge funds
The Alternative Investment Management Association (Australian chapter) has launched a writing competition with a $10,000 purse, the aim of which is to promote the institutional investment case for local hedge funds.
UBS GAM shuts Sydney trading desk for Aussie shares
UBS Global Asset Management will no longer trade Australian equities from Sydney.
MTAA Super sues former chair
MTAA Super has taken the unusual step of instituting court proceedings against its former chairman, John Rickus, in a case where the Australian Prudential Regulatory Authority (APRA) has intervened.
QIC seeds hedge fund with $US150m
Queensland Investment Corporation (QIC) has emerged as the seed investor behind Pengana’s global volatility fund, committing a $US150 million mandate to the strategy, which is built to profit from market turbulence through options-trading.
AGEST gets first investment officer, reviews asset consultant
The $2.8 billion industry fund AGEST has appointed a former National Custodian Services (NCS) accounting and tax specialist to the newly-created position of investment officer, and is down to the wire in an asset consulting tender.
Jacky Herron departs Nestle Super after 23 years
Industry stalwart Jacky Herron is leaving her position as fund secretary at Nestle Australia Group Superannuation Fund, following the outsourcing of trustee responsibilities to Russell’s Total Risk Management (TRM).
NGS Super hires start-up ahead of manager cull
Industry fund NGS Super has awarded Australian equities start-up Integrity Investment Management an $85 million mandate, but will progressively decrease its number of local share managers following a review.
