The $450 million Spec(Q) has begun reallocating the 23 per cent cash heap it has amassed back to the market, having directed the $70 million of free cash flow the fund generates each year into cash since December 2007.
For institutional investors, superannuation funds and fund-of-funds managers alike, it takes a lot of courage and trust to have lived through the 2008 dislocation and still have to allocate money. The key, according to Chicagobased Roxanne Martino, president and chief executive of Harris Alternatives which has $US10.1 billion in funds under management,12 per cent of […]
Equipsuper and Non-Government Schools Super are understood to be reviewing their administrator options, after their incumbent provider, CSA Retirement Services (formerly CitiStreet), was bought by SunSuper last November.
The lead story in the Tuesday, November 25 edition of I&T News incorrectly identified nine reduncancies at BlackRock Investment Management’s marketing team. There has in fact been just one redundancy from that team, and a further nine from other parts of the business including the direct and A-REIT property teams. I&T News apologises to BlackRock […]
In the latest I&T News/FTV broadcast interview, Credit Agricole Asset Management’s Australian chief, Richard Borysiewicz, talks to Amanda White about his experiences establishing a new funds management business in Australia.