Investment Strategy

AussieSuper sends $3bn downstairs

Industry Funds Management (IFM) will index half of AustralianSuper’s domestic equites portfolio – a $3 billion mandate –  following the big fund’s rationalisation of its Australian share line-up, while the manager has hired Victorian Funds Management Corporation’s former head of quantitative investment.
Hedge Funds

UBS GAM ‘too valuable to be sold’

UBS Global Asset Management (UBS GAM) is likely to emerge intact even as its parent company is battling serious shareholder activism challenges to its integrated business model, analysts and other industry experts said. “The asset management business … has critical mass, with the prestige factor … it’s a mammoth player, and I don’t believe that […]