Investment Strategy

Get used to lower growth: Credit Suisse

Credit Suisse is telling its private clients to get back into equities, but says they must be prepared for lower than historical returns over the next 10 or so years. David McDonald, the head of strategy and research in Australia for Credit Suisse private banking, told a media briefing that the bank was forecasting “3.5 […]
Investment Strategy

Citibank gets serious about custody and administration

Citibank has flagged an aggressive approach to expanding its custody and administration business in Australia next year after rolling out its global administration platform to offer an integrated solution to the local market. David Russell, the Hong Kong-based managing director and regional head of Citi’s securities and fund services business in the Asia Pacific, was […]
Investment Strategy

Seats filling across town

Citibank has appointed former Australian senator and minister for superannuation, Nick Sherry, to its securities and fund services, part of the Citi transaction services division. Sherry will be based in Australia and will have a regional role supporting Citi’s pension fund clients in the Asia Pacific region. Sherry was previously chair of the senate committee […]