funds management

Investment Strategy

IFM gets $100 mln mandate to crimp carbon

Industry Funds Management (IFM) has won a $100-million mandate from health and community services industry superannuation fund HESTA, which wants its Australian stock investments to produce as little carbon dioxide as possible. Melbourne-based IFM, which manages about $33 billion, says it can measure carbon dioxide in its portfolio with the help of Morgan Stanley Capital […]
Investment Strategy

AMP moves Brookfield out, Hoult, Pavnica in

AMP Capital has ended its three year joint venture with Brookfield Asset Management and has hired a head of global listed property investment as well as others for its real estate and infrastructure investment teams. The asset management unit of AMP says Matthew Hoult, formerly chief investment officer of global property at BNP Paribas Investment […]
Investment Strategy

Treasury Group’s bold ambitions

It is casual Friday at Treasury Group.  Its chief executive Andrew McGill is sans tie. Still, as befits a former investment banker and private-equity general partner, McGill, 44, has perfectly coiffured hair, cuff links from New Mexico and a black-faced Rolex given to him by his wife. McGill gives off more than a whiff that […]
Investment Strategy

Perennial Real Estate wants more

David Kivell has been managing director at Perennial Real Estate Investments for less than two months. But he has grand visions. Kivell, who oversees an investment team of 11 people that manages $1.4 billion in publicly traded or soon to be traded property stocks, wants to bolster funds under management to as much as $6 […]
Investment Strategy

Brigitte Smith’s risky attractions

Some years ago Brigitte Smith was in Idaho with a US Army general. They were trying to clean up a toxic waste site. “A teaspoon of this stuff will kill you,” the general told Smith as she sought samples of toxic waste. “Be careful.” Smith, the co-founder of GBS Venture Partners, is now used to […]
Investment Strategy

SimCorp expects financial software investments

Torben Munch, chief operating officer of Danish investment-management software company SimCorp, likes to tell a story about his firm’s relationship with Lehman Brothers. The Wall Street firm was a SimCorp client when it collapsed in September 2008. Munch found Lehman’s collapse had created confusion and concern as asset managers and brokers scrambled to find out […]
Investment Strategy

AMP’s Stephen Dunne seeks Asian partners

Last year AMP Capital’s managing director Stephen Dunne had a headache, albeit a pleasant one. From December 2010 Japan’s biggest publicly traded bank, Mitsubishi UFJ Financial Group, had made it clear to Dunne that if the two companies were going to have a relationship, the Tokyo-based company had to have a stake in AMP. But […]
Investment Strategy

Returns, costs of private equity questioned

The audience was aghast. This was not what they had come to hear. David Brown, chairman of the Australian Private Equity and Venture Capital Association, was momentarily befuddled. It was after all a conference for Australia’s most prominent private equity firms organised by the Asian Venture Capital Journal. To question the industry in such a […]
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