Aberdeen Asset Management Ltd. in Australia, which manages $19 billion, has merged its institutional and retail sales team into one after an internal review.
Bill Shorten has appealed to the superannuation industry to overcome its internal divisions and support legislation aiming to boost compulsory superannuation contributions to 12 per cent.
Artisan Partners, the Milwaukee-based manager of $63.7 billion in U.S., emerging market and global equities, is poised to enter the Australian market, say people familiar with the matter.
Australia’s fiscal and monetary positions are better than in many other countries, underpinning a stock market that may fall less than the U.S. market, says Greg Vaughan, managing director of Ankura Capital.
BT Investment Management is down to two candidates in its search to replace departed chief executive Dirk Morris, but internal and local aspirants won’t be pleased to find out who they are.
The largest pension and sovereign wealth funds in the world – especially Australian super funds – are continuing to grow faster than their peers, according to the latest annual Watson Wyatt survey.
It is understood Russell New Zealand has been negotiating with AMP Capital’s former head of institutional sales, Andrew Johnson, to take up a senior consultancy role.