Franklin Templeton Investments Australia Ltd. doesn’t plan to add another fund manager after buying Andrew Sisson’s Balanced Equity Management in July. But it says it would be logical to have a team that offers Australian bonds or investments in stocks outside the S&P/ASX 100 Index.
Robert Penaloza, who joined Aberdeen Asset Management as a graduate trainee in Singapore in 1997, has been appointed the business’ head of Australian equities.
Citi is making a renewed bid for fund administration business in Australia, off the back of localising its Multifonds accounting platform as part of a worldwide middle-office deal with Dimensional Fund Advisors, and the relaxing of competitive tensions which occurred when BNP Paribas Securities Services Australia (another fund administrator) stopped using Citi’s global custody network […]
Citi is making a renewed bid for fund administration business in Australia, off the back of localising its Multifonds accounting platform as part of a worldwide middle-office deal with Dimensional Fund Advisors, and the relaxing of competitive tensions which occurred when BNP Paribas Securities Services Australia (another fund administrator) stopped using Citi’s global custody network […]
AUSCOAL Super, a self-administered fund, has become the third client of a relatively new entrant to the member administration software market, while its investment administration manager will put his old shop to the test in a coming custody tender.
Queensland Investment Corporation’s $10 billion ‘implemented solutions’ multi-manager business has a new leader after a surprise resignation on Friday.