fund manager

Hedge Funds

AustralianSuper weathers fund manager hostility

Mark Delaney, chief investments officer of AustralianSuper has sought to calm fund manager hostility to his fund’s rolling plan to manage money internally. This follows a formal announcement by the fund that managing a proportion of equities, property and infrastructure in-house will eventually deliver savings of $150-million per year (or 15bps) on external fund manager […]
Unintentional

QIC: fund manager and crown entity

The key offerings from fund manager QIC read like the constituent parts of a stable, inflation-linked income portfolio. There is property and infrastructure, bonds and – for a bit of spice – some absolute-return capabilities. The possibilities are not lost. So while many are busy philosophising about how to invest in retirement, QIC believes it […]
Investment Strategy

Diversification pulls up Perpetual

It might only have $100 million under management, but Perpetual’s Diversified Real Return Fund has a major role to play in the future of the fund manager as it rebounds from recent turmoil. Perpetual’s roller coaster ride is well known in the industry. The $1.2 billion that walked out the door when John Sevior left […]
Investment Strategy

William Blair’s positive outlook

American fund manager William Blair has named its top-three investment themes for 2013, nominating attractive valuations in China, the US domestic housing market and the stabilisation of the European financial sector as the stories to watch. Executives from the Chicago-based firm, which has a 70-plus-year history in investment markets, were in Australia in February to […]
Investment Strategy

Sustainable Growth Advisers wants sustainable funds

Australia’s $1.4 trillion of superannuation money is proving irresistible to foreign funds. Sustainable Growth Advisers LP, a Stanford-Connecticut based US$3 billion asset manager, is speaking with consultants Jana and Frontier as well as MLC as it seeks to launch product that will appeal in part to Australian pension funds. “The Australian market lends itself to […]
Investment Strategy

Lodestar Capital to shut

Lodestar Capital Partners will close down on June 30 after more than five years managing money. The Australian stock fund manager, which is 33-per-cent-owned by Nabinvest, says its main fund has outperformed the stock market by about 1 per cent a year since inception on March 1, 2007. “This has been a difficult decision to […]
Investment Strategy

Crawford out, Kent in at AllianceBernstein

James Crawford, a senior portfolio manager at AllianceBernstein, will leave the company at the end of next month. New York-based AllianceBernstein gave no reason for Crawford’s departure. Crawford, an asset manager in the firm’s value equity investment product, did not return calls seeking comment. The investment product that Crawford helps manage was originally a joint […]
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