managing director

Hedge Funds

Future Fund puts high-fees to work

The Future Fund is favouring labour intensive, and therefore higher fee, strategies in areas where too much capital has been flowing to generic low-fee strategies resulting in high prices and low returns. David Neal, managing director of Future Fund, clarified to delegates at ASFA Investment Interchange that fees across the asset management industry are “too […]
Custody

The Future Fund sees data governance as critical

The Future Fund says it is incumbent on investors to analyse data to understand and reduce costs. The fund is augmenting and enriching its custodian’s data with information from other providers, like Bloomberg, to run stress and crash testing on a daily basis, identifying currency and derivative exposure. Campbell McCulloch, head of investment operations at […]
Investment Strategy

Craig Hobart resigns from Tyndall

Craig Hobart will resign from Tyndall Investment Management on April 1 and will be replaced as managing director of the $22 billion asset manager by Mike Davis. Hobart is leaving Tyndall after two years in which he oversaw the sale of the asset-management business to Nikko Asset Management and its integration into the Tokyo-based company. […]