Hedge Funds
FSC launches asset stewardship code
The Financial Services Council has launched Australia’s first compulsory asset stewardship code for fund managers.
Zilla EfratJuly 19, 2017
funds management
People Moves
Ian Martin to replace Chris Cuffe as UniSuper chair
UniSuper chair Chris Cuffe will step down at the end of the current financial year, handing the reins to independent director Ian Martin.
Dan PurvesMay 9, 2017
Policy and Regulation
Rubin: bed down reforms
The superannuation industry has to bed down the raft of regulatory reforms, says Elana Rubin, former chair of AustralianSuper. “I appreciate that government undertakes regulatory reform with the very best intentions, but from a member perspective, it can often reduce confidence in the system. And while it may not affect them directly, they read about […]
Amal AwadJuly 22, 2013
Investment Strategy
Bennelong Funds hires CFO
Bennelong Funds Management, the boutique fund-management group, has hired Jeff Phillips as its chief financial officer. At Melbourne-based Bennelong, Phillips will head a finance team that has recently expanded. Hamish Wood, formerly a finance manager at GLG Partners in London, is now group-finance manager. Nicole Hammond is the senior fund accountant. She worked at consultants […]
I & T NewsJune 5, 2012
Investment Strategy
Super funds must change, says Tria
Superannuation funds are under pressure as investor behaviour changes, particularly because of technology, says Andrew Baker, managing partner at asset management consultants Tria Investment Partners. “Business models of super funds are under a lot of pressure and the degree to which they are has probably been underestimated,” says Baker. “Regulatory changes and markets have been […]
I & T NewsMay 25, 2012
Investment Strategy
Rugby helps PacWealth land $1.1-billion mandate
In 2009 Adam Hill was in Papua New Guinea, working in a Port Moresby accountancy office by day and coaching rugby union by night. Then the country’s national team the Pukpuks, or crocodiles, called. They didn’t want a coach. The Pukpuks wanted Hill, who had played more than 100 first-grade games for Sydney rugby club […]
I & T NewsMay 18, 2012
Investment Strategy
Super funds concerned about tax reporting
Superannuation funds are concerned about product compliance around new demands on pre and post-tax reporting of performance, says the chief executive of DST Global Solutions, which provides software for asset managers. “We anticipate a lot of changes around tax reporting,” says Tom Abraham. “There will be a whole industry around tax minimisation that will come […]
I & T NewsMay 18, 2012
Investment Strategy
NAB’s Presima seeks new chief
Nick Basile is on the hunt for a replacement. The acting-chief executive of real-estate investor Presima is travelling outside Australia seeking a replacement, says a statement by Presima’s controlling shareholder National Australia Bank. Basile is a director of various units of the bank and a non-executive director of a number of National Australia Bank affiliates. […]
I & T NewsMay 18, 2012