asia

Investment Strategy

Maple Brown Abbott’s steady hand on the tiller

Garth Rossler does not believe his job as managing director of Maple Brown Abbott means change at the $10 billion asset manager. The Durban, South African born Rossler has worked at the Sydney-based Maple Brown Abbot for 15 years. He believes continuity in fund management is what is required. “At the end of the day […]
Investment Strategy

NAB’s Watson says local strength attracts clients

Leigh Watson, executive general manager for asset servicing at National Australia Bank, is filling a page with doodles with his employer at the centre. Watson, head down, drawing neat boxes on the paper in front of him, rejects suggestions Australia’s biggest custodian is losing its grip on its customers following decisions by QSuper and SunSuper […]
Investment Strategy

Challenger acquires MIR

Challenger’s asset-management-business investor Fidante Partners has acquired Asian asset manager MIR Investment Management. Sydney-based Challenger did not disclose how much it paid for MIR, its eleventh boutique asset manager. MIR was founded by Michael Triguboff, who worked for George Soros and was a managing director at Lazard. Tirguboff started MIR in 2003. He has relinquished […]
Investment Strategy

Northern Trust leverages Future Fund expertise

In 1993 Northern Trust’s Steven Fradkin was looking for office space in Sydney. He liked the potential growth of Australia’s mandated-pension-fund market, but wasn’t certain that custodians could meet the demands of Australian tax and foreign investment-fund reporting in a quality way. “The market has always been attractive,” says Fradkin. “It is a more complex […]
Investment Strategy

Regulatory changes require local expertise

Tora, the software trading platform, says hedge funds want integrated trading solutions that incorporate risk and compliance amid a backdrop of new investment products and regulatory change. Robert Dykes, Tora’s chief executive, says changes in market structures in Asia means that many asset managers are recognising the need to have their personnel based in the […]
Investment Strategy

Super funds seek J. P. Morgan advice

When Robert Bedwell was talking to J. P. Morgan Chase about a new job that would help manage relationships with the bank’s biggest asset management customers, he was concerned that he would not get the cooperation of the 1,400 people in Australia and New Zealand working for the company. Bedwell fears have not been realised. […]
Investment Strategy

Eight Investment Partners’ growing pains

Building boats is somewhat of a tradition in the Steele family. Rick Steele, the chief executive of Eight Investment Partners, and his brother made sailing dinghies growing up on the banks of Tasmania’s Tamar River. Their father constructed a boat out of Celery Top Pine. Now Rick Steele wants to build an asset management firm […]
Investment Strategy

Craig Hobart resigns from Tyndall

Craig Hobart will resign from Tyndall Investment Management on April 1 and will be replaced as managing director of the $22 billion asset manager by Mike Davis. Hobart is leaving Tyndall after two years in which he oversaw the sale of the asset-management business to Nikko Asset Management and its integration into the Tokyo-based company. […]
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