Ken Liow has joined Access Capital Advisers, the $12 billion fund manager that invests in infrastructure, property and private equity, as an adviser who will sit on the firm’s advisory investment committee.
The $450 million Spec(Q) has begun reallocating the 23 per cent cash heap it has amassed back to the market, having directed the $70 million of free cash flow the fund generates each year into cash since December 2007.
Here we all were talking about a return to simplicity in the financial services industry, and along comes another piece of jargon. Justin Pascoe of VFMC will probably take the blame for introducing “stractical” to the industry, during his addresses to the Investment Management Consultants Association conferences in Sydney and Melbourne last December. As the […]