asset management
Investment Strategy
Bryan Gray’s flexibility at JPMorgan
Bryan Gray, in charge of JPMorgan’s custody sales and customer relationships in Australia and New Zealand, has three women working flexible hours for him as relationship managers. By lore, relationship managers are on call 24 hours a day, seven days a week. But Gray seems remarkably liberal about working hours. “They have great relationships with […]
I & T NewsJune 8, 2012
Investment Strategy
War on faxes
JPMorgan is seeking to do away with faxes. The bank’s asset-management clients are being encouraged to adopt computer-based automated fund-transaction technology called fund order routing and settlement services. Since March 12, JPMorgan clients with 400 investment accounts have been using the technology instead of writing a fax to the bank’s custodial department to buy or […]
I & T NewsJune 8, 2012
Investment Strategy
Access Capital pays US$290 million for storage tanks
Access Capital Advisers, the US$3.2-billion infrastructure investor, has bought a 70-per-cent stake in LBC Terminals Jersey from Australia’s Challenger Infrastructure Fund and Challenger Life. Canberra-based Access Capital will own about 2.7 million cubic meters of tank storage facilities for bulk liquid-chemical products that have an enterprise value of US$1 billion. The 11 terminals are located […]
I & T NewsJune 8, 2012
Investment Strategy
Zeptonics to revolutionise securities trading
In the Sydney offices of Zeptonics near Circular Quay, books by the Dalai Lama sit alongside those by Isaac Asimov. Like the famed science-fiction writer, Zeptonics’s staff is dreaming of new technology that will revolutionise trading on Wall Street, hoping it is seamlessly adopted by asset managers, brokers and high-frequency traders. Today Zeptonics unveils its […]
I & T NewsJune 5, 2012
Investment Strategy
Super fund, Omega start sustainable bond investing
Omega Global Investors, a fixed-income asset manager, has won a $170-million mandate from Local Government Super to invest in sustainable assets. The $6-billion superannuation fund and Melbourne-based Omega have developed a strategy over nine months to make bond investments along environmental, social and governance lines that seek to reinforce the United Nations-backed Principals for Responsible […]
I & T NewsJune 5, 2012
Investment Strategy
Bennelong Funds hires CFO
Bennelong Funds Management, the boutique fund-management group, has hired Jeff Phillips as its chief financial officer. At Melbourne-based Bennelong, Phillips will head a finance team that has recently expanded. Hamish Wood, formerly a finance manager at GLG Partners in London, is now group-finance manager. Nicole Hammond is the senior fund accountant. She worked at consultants […]
I & T NewsJune 5, 2012