Investment Strategy

GMO shuts down Australian stock-investment team

Grantham, Mayo and Van Otterloo & Co. (GMO), the 35-year old Boston-based asset manager, has closed its Australian stock-investing unit with the loss of an unknown number of jobs. The GMO Australian Equities Trust had $198 million invested and its Small Companies Trust had $7.5 million invested as of March 31, according to the Australian […]
Investment Strategy

Chris Clayton joins MLC

Chris Clayton, who was in charge of Acadian Asset Management’s Australian business, has left the firm and joined MLC as head of asset management sales. Clayton left Acadian earlier this month after joining in September 2005. Andrew Hair has been selected to take Clayton’s place on a temporary basis. Colonial First State Investments, Acadian’s joint-venture […]