Sharp wins fee reduction then resigns from Premium Investors

The chair of listed investment company Premium Investors, Don Sharp, resigned last week after almost two and a half years at the helm to focus on his other business interests, according to newly appointed chair Tom Collins.

Read more

NAB unveils new-look custody services with master manager launch

NAB Custodian Services (NCS) has launched its master manager service – involving the amalgamation of super fund portfolios to boost operational efficiency – and expects to run a pilot program with a major super fund in the first quarter next year.

Read more

Project 'George Street' puts NAB back in manufacturing

Investment manufacturing is occuring under a ‘National Australia Bank’ brand name for the first time in seven years, as the MLC fixed income team, the Capital/National Alliance and alternatives subsidiary Antares Capital Partners come together under the ‘nabInvest’ banner.

Read more

Hedge funds come out of the shadows, into the instos

Investment banks have become major direct service providers to private client and retail investor portfolios, mostly through their structured products. Yet they are conspicuous by their absence from wholesale manager menus. MICHAEL BAILEY examines whether the banks’ transactional culture can become acceptable to conservative superannuation funds, and whether they might find their biggest role in … Read more