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.
Last shout for corporate super
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
Last shout for corporate super
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
Principle unveils Granite Capital opportunistic property fund
Principle Advisory Services has launched a separate fund of funds (FoF) business, the first product for which will be an international opportunistic property fund.
AustralianSuper to cash up ’til market settles down
The $28 billion AustralianSuper will hold all inflows in cash until “;the market picture becomes clearer”;, chief executive Ian Silk told a gathering of participating employers last week.
Goldman Sachs JBWere to build up quant, rebuild flagship Aussie equities
Goldman Sachs JBWere Asset Management (GSJBW AM) has enough confidence it will begin receiving external mandates for its quant Australian equities process that it is seeking an additional quant analyst, while also seeking to replace just-departed senior analyst Anthony Swan.
Lam’s Suncorp role to be more than strategic
Stephen Lam’s new role within the merged Suncorp group will include hands-on responsibility for the $1.6 billion international equities portfolio.
Hedge fund ‘beta’ should be cheaper, says hedge fund manager
Returns generated by well-established hedge fund strategies could be categorised as ‘hedge fund beta’, and manager fees correspondingly lowered, according to Gregor Andrade, AQR Capital Management vice president.
GoldLink LICs sparkle and fade
Gold derivatives trader GoldLink Capital has completely unwound positions in one of its listed investment vehicles, and is in the process of realising those held in another, after plunging volatility in the gold market undermined its investments.
CSRF doubles exposure to emerging markets
Catholic Superannuation and Retirement Fund (CSRF) has increased its allocation to emerging market equities from 3 to 6 percent, reducing some of its weighting in Australian equities.
