davison

Investment Strategy

CFS GAM restructure costs head BDM

The new managing director of Australia/New Zealand for Colonial First State Global Asset Management (CFS GAM), Joanna Davison, has overseen a restructure in which the head of business development has departed as the region aligns itself with the manager’s other territories.
Investment Strategy

Russell’s Wednesday of woe: 36 gone in Australia

Russell is paying the price for its new dependence on asset-based fees, with 20 Melbourne staff and 16 Sydney staff retrenched last Wednesday including the director of investor services and all but two of the institutional business development managers, while it will not re-tender for one of its largest asset consulting contracts.
Hedge Funds

Russell's Wednesday of woe: 36 gone in Australia

Russell is paying the price for its new dependence on asset-based fees, with 20 Melbourne staff and 16 Sydney staff retrenched last Wednesday including the director of investor services and all but two of the institutional business development managers, while it will not re-tender for one of its largest asset consulting contracts.