The Auscoal and Military Super funds are among four big foundation clients for an investment advisory business being established by former FuturePlus CIO, Terry Newson.
Dealer groups battle for TWU planning tender
TWU Super, the $2.2 billion transport workers industry fund, is sourcing proposals from three financial planning dealer groups to provide financial advice to its members.
S&P to consolidate fixed interest reviews
Standard & Poor’s annual reviews of the sub-sectors within fixed interest will be combined into a single report from next year, following a drop in the number of managers offering their funds for rating.
Russell scores double outsourcing win
Russell Investment Group has won two large corporate outsourcing arrangements as yet more corporate super funds finish up their ‘last drinks’.
…while Ibbetson warns investors of alpha imitators
Many hedge funds managers are really quasi-beta managers and investors should be wary according to head of investment consulting at S&P, Simon Ibbetson.
Bravura global head of product to be based in Sydney
Bravura Solutions has appointed a global head of product to be based in Sydney and will conduct a review of its product team.
Praemium at a loss but backs itself in the UK
ASX-listed technology firm Praemium has posted a net loss of just over $10 million in the year to June 2007.
JANA's Coombe predicts doom for some startups
Jana Investment Advisers’ divisional director John Coombe says there are too many Australian equities startups and he predicts some will fail, as the consultant prepares to conduct its asset allocation meeting this week.
S&P to consolidate fixed interest reviews
Standard & Poor’s annual reviews of the sub-sectors within fixed interest will be combined into a single report from next year, following a drop in the number of managers offering their funds for rating.
Omega, the new alpha
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
Omega, the new alpha
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
Jenkins expands research team with senior Credit Suisse hire
Jenkins Investment Management has strengthened its research and portfolio management capabilities with the recruitment of a Credit Suisse broker, who in an earlier life was a journalist.
