The medium term outlook for global equities is dependent on the extent to which China’s economy is able to decouple itself from a US slowdown, the Australian Super Investment Conference at Port Douglas heard yesterday.
Alleron doubles FUM in one go
With a single mandate, Australian equities boutique Alleron Investment Management has more than doubled its funds under management (FUM).
DeAM manager departs for reclusive hedge fund
Nick Vidale, a former portfolio manager with Deutsche Asset Management (DeAM), will soon begin work with an Australian hedge fund firm.
AIST to examine super funds’ financial literacy liabilities
The extent to which superannuation funds should make themselves responsible for financial literacy among members will be examined during an upcoming lunch organised by the Australian Institute of Superannuation Trustees (AIST).
HostPlus identifies European opportunities in private equity
HostPlus has awarded two new mandates to European international private equity managers with some of the proceeds from last month’s UBS Global Asset Management redemption.
BUSS(Q) raises default insurance cover with ING
BUSS(Q), the Queensland-based building industry fund, has become the latest super fund to finalise a significant upgrade to its insurance offering to members.
Hedge fund rockers hope to boost cancer research coffers
Top artists are to perform in front of an expected crowd of more than 600 hedge fund industry participants at this year’s Hedge Funds Rock charity and awards night.
Mainstream BPO into super with Group Benefits purchase
Funds management administrator Mainstream BPO has diversified into superannuation with the acquisition of Group Benefits.
Tyndall/Suncorp reviews systems infrastructure
The merged Tyndall and Suncorp investment operations and systems are being reviewed following the merger between parent company Promina and Suncorp.
Mercer boosts after-tax awareness with $1b BlackRock mandate
In a massive boost for the trend to after-tax awareness in funds management, Mercer Global Investments has awarded BlackRock with a $1 billion Australian equities mandate.
Russell unveils pipeline of more multi-manager alternatives funds
Russell Investment Group plans on expanding its range of separate multi-manager funds with the launch of a GTAA fund, followed by a directional hedge fund and a multi-strategy alternatives fund over the next 12 months.
… while Pengana launches Australia’s first global volatility fund
Pengana Capital’s global volatility fund – the first of its kind in Australia – has been seeded with a $150 million mandate from an unnamed institution.
