Arab Bank is seeking requests for proposals to partner it in building a wealth management offering for its burgeoning customer base.
Watson Wyatt seeks senior consultant, fixed interest researcher
Asset consultant Watson Wyatt is seeking to fill two newly-created senior roles.
Alpha triples FUM with two insto mandates
Australian equities funds manager Alpha Investment Management has more than tripled its FUM with two mandate wins in two months.
$1bn in 5 months for Troy Angus’ Paradice broad market fund
After a remarkable show of support from institutional investors, Paradice Investments’ broad markets fund has closed to new applications after raising $1 billion since opening in May.
BNY Mellon to shift $25bn from ANZ to NAB
BNY Mellon Asset Servicing, the global custodian resulting from the merger of Bank of New York and the Mellon group, is to move its $25 billion of Australian assets under custody from ANZ to National Australia Bank.
RBC head of service delivery delivered unto State Street
State Street Investor Services (State Street IS) has hired the former head of service delivery at RBC Dexia Investors Services to a senior sales role.
Praemium beefs up with UK in mind
Portfolio administration provider, Praemium, has appointed a group marketing manager to meet an increase in sales activity in Australia and prepare for next year’s UK launch.
Wanted: wealth manager for Arab Bank's 25,000 customers
Arab Bank is seeking requests for proposals to partner it in building a wealth management offering for its burgeoning customer base.
$1bn in 5 months for Troy Angus' Paradice broad market fund
After a remarkable show of support from institutional investors, Paradice Investments’ broad markets fund has closed to new applications after raising $1 billion since opening in May.
Home country bias to tumble: REST chief
Super funds will be looking to reduce their home country bias further in the future and develop new strategies for illiquid investments, particularly overseas, the chief executive of REST, Damian Hill, will tell an AIST seminar later this month.
BGI punts on fee-based planners to boost ETF demand
The trend to fee-for-service financial planning is the catalyst for the latest boost to Australia’s fledgling Exchange Traded Funds (ETF) market.
Kovacs packs Mac in for Packer
Former division director of Macquarie Bank’s equity markets group, Cathy Kovacs, has settled into an executive position with a James Packer-owned funds manager.
