CARE Super has allocated the $138 million Australian equities mandate previously with UBS Global Asset Management (GAM) across three new mandates.
IRESS spreads its wings with southern office
IRESS will open an office in Adelaide later this month, with the appointment of former Victorian-based account executive, Brett Edwards leading the South Australian charge.
Fiani poaches ops head from UBS, takes two days to get first client
Integrity Investment Management, the boutique comprising former UBS Global Asset Management Australian equity managers, has poached a senior trader from UBS GAM to be its chief operating officer.
QIC expands FI team with link to strategy division
QIC has beefed up its fixed interest team after the establishment of the new position, global fixed interest beta manager.
IFM appoints new investment director AE, doubles UK team
Industry Funds Management has appointed Angus McLeod as investment director, Australian equities replacing Tony Richard-Preston, and appointed three more investment personnel to its UK office.
Quentin Ayers to run alternatives FOF for four big funds
Four large industry funds have teamed up and appointed specialist alternative assets adviser, Quentin Ayers, to manage a fund-of-funds focussed on global private equity and infrastructure.
LGSS to get new investment committee chair, farewells veteran Woods
The new investment committee chair of Local Government Super Scheme NSW (LGSS) will be decided at a board meeting this month, following the retirement of employer representative John Wearne at the end of June.
InTech seeks ‘new Michael Monaghan’, flags fee increase for advisory clients
Skandia’s investment and consulting division, InTech, has decided it needs a general manager to directly replace Michael Monaghan, and has signalled it will bring advisory client remuneration in line with that from implemented clients.
Seafarers’ fund decides on outsourced insurer
The 9000-member Seafarer’s Retirement Fund has decided on its first-ever third party provider of life, TPD and salary continuance insurance.
ConnectSuper restructures investment manager line-up
The industry fund for electrical and communications contractors, ConnectSuper, has dealt out a number of new mandates and terminated other contracts to align itself with a more defensive investment style.
Departing AvSuper chief to stay within industry fund ranks
Leeanne Turner, AvSuper chief executive officer, will exit the retirement plan before the end of the year to take a senior role at another industry fund.
CARE appoints new managers in AE, infrastructure
CARE Super has allocated the $138 million Australian equities mandate previously with UBS Global Asset Management (GAM) across three new mandates.
