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.
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.
