The outgoing chief executive of Media Super, Graeme Russell, has criticised the Coalition for waging a war on industry funds, but he is optimistic about the future of industry-specific and mid-size superannuation funds.
The Australian Institute of Superannuation Trustees (AIST) has signed a three year extension to its media partnership with Conexus Financial. The arrangement covers exclusive distribution at key events for Investment Magazine and digital sister www.investmentmagazine.com.au, including CMSF and ASI and the only daily news at CMSF, the largest and leading conference on the annual calendar […]
Schroder Investment Management Australia says Kent Jensen and Alex Mears have let the firm to pursue other interests. Jensen, whose stock research included media, mining services, paper and packaging, is returning to Norway to embark on a career outside asset management. Mears, who was responsible for uranium, oil and gas and utility stocks, will travel […]
The Future Fund’s exposure to global equities surged by nearly 50 per cent in the September quarter, with the $60 billion-plus fund also seizing opportunities in debt securities and property as the proceeds from the Telstra sell-down and a reduction in cash holdings were spent.
Australian Unity has teamed up with an ex-Bear Stearns Asia executive and the Hong Kong-based founder of APAC Capital to launch an Asian equities boutique named Seres Asset Management, based in Hong Kong.