manage in-house

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 […]
Governance

AustralianSuper to expand internally

AustralianSuper is looking to add up to 20 investment staff as it moves to take part of the management of its Australian equity portfolio in-house. The $43-billion fund’s chief investment officer Mark Delaney says the fund’s 40-member investment team – half of which are in the policy part of the portfolio – will be expanded […]