New Zealand-based fund manager Brook Asset Management plans to open an Australian office before the end of the year.
Vale Austin Donnelly – tireless worker for shareholder rights
One of the doyens of the financial services industry, journalist and a tireless worker for small shareholders, Austin Donnelly, died last Friday, aged 84.
Retail investor fights way back from Basis brink
Those who directed monies toward Basis Capital in the days before its initial warning of trouble to investors will need to invoke their right to a ‘14 day free look’ to get monies returned, according to one retail investor.
Asset allocators have all eyes on China
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.
