melbourne

Investment Strategy

Sunsuper boosts appeal to national employers

Sunsuper is using its new referral program with the Financial Planning Association of Australia (FPA) to lure national employers based in Melbourne and Sydney. The program sees it retain its in-house team of advisers in Queensland and Sydney and add direct relationships with adviser practices nationwide which share the fund’s philosophy of always acting in […]
Investment Strategy

Super fund, Omega start sustainable bond investing

Omega Global Investors, a fixed-income asset manager, has won a $170-million mandate from Local Government Super to invest in sustainable assets. The $6-billion superannuation fund and Melbourne-based Omega have developed a strategy over nine months to make bond investments along environmental, social and governance lines that seek to reinforce the United Nations-backed Principals for Responsible […]
Investment Strategy

Bennelong Funds hires CFO

Bennelong Funds Management, the boutique fund-management group, has hired Jeff Phillips as its chief financial officer. At Melbourne-based Bennelong, Phillips will head a finance team that has recently expanded. Hamish Wood, formerly a finance manager at GLG Partners in London, is now group-finance manager. Nicole Hammond is the senior fund accountant. She worked at consultants […]
Investment Strategy

Trilogy confident of acquiring Austgrowth assets

Cyre Trilogy Group says it does not like fights. The Sydney-based property-investment group says its effort to secure shareholder approval to replace APGF Management and become the entity responsible for four Austgrowth property-unit trusts is because shareholders have demanded it. A year ago Trilogy won control of six Austgrowth property funds, valued at about $45 […]
Investment Strategy

First Super invites Tony Abbott to board meeting

First Super, the $1.6 billion fund, has invited Tony Abbott to attend its board meeting in March or June to give the leader of the opposition experience of how employer-employee industry superannuation fund boards work. First Super co-chair Alan Stewart says the invitation to the opposition leader came about as a result of Abbott’s criticism […]
Investment Strategy

Future Fund appoints David Gonski chairman

David Gonski, said by many to be the best-connected man in corporate Australia, will become chairman of the $73 billion Future Fund next month. Founded in 2006 to meet public sector superannuation liabilities, the fund has averaged 4.2 per cent returns per annum. The 58-year-old Gonski will assume the role at the Melbourne-based fund on […]
Investment Strategy

Hastings is bullish on debt, infrastructure

The executive director of alternative debt at $6.7 billion Hastings Funds Management expects the Australian debt market to no longer be the purview of the country’s banks. Steve Rankine reckons the local bond market will open up to a broader investor base. He says higher equity levels demanded by the Bank of International Settlements will […]
Investment Strategy

Future Fund’s assets drop to $73.07 billion

The Future Fund’s total assets under management fell to $73.07 billion as of December 31 compared with $73.18 billion as of September 30. The Melbourne-based fund’s return in the six months to December 31 was minus 3.1 per cent. “Underlying pressures remain and Europe continues to wrestle with debt-related challenges and the risk of recession,” […]
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