strategy

Investment Strategy

AMP CEO: 2008 changed asset management

Craig Dunn, AMP’s chief executive, says the 2008 global financial crisis has perhaps changed asset managers’ relationships with their customers forever. “People are less trusting than they once were,” says Dunn, 48. “There is a lot of focus on liquidity.” Dunn, who became chief executive officer in January 2008, says now consumers of financial products […]
Investment Strategy

AMP’s Brown is critical of boutique asset managers

Ella Brown doesn’t mince her words. AMP Capital’s head of fundamental equities says some Australian boutique fund managers have an inflated reputation. “Just because people are in a boutique it doesn’t mean they have more commitment to the product than us at AMP Capital. We have very passionate portfolio managers,” says Brown. She says there […]
Investment Strategy

AMP’s Brown is critical of boutique asset managers

Ella Brown doesn’t mince her words. AMP Capital’s head of fundamental equities says some Australian boutique fund managers have an inflated reputation. “Just because people are in a boutique it doesn’t mean they have more commitment to the product than us at AMP Capital. We have very passionate portfolio managers,” says Brown. She says there […]
Investment Strategy

Matthew Drennan to leave Zurich asset management

Matthew Drennan, who was in charge of about $5 billion in assets under management at Zurich Financial Services Australia Ltd., will leave the company by the end of the month. Zurich is merging its investments and life insurance business. Drennan, a nine-year company veteran, has been discarded. He will not be replaced. “I’m assessing my […]
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,” […]
Investment Strategy

Wings of a dove? Tyndall reckons it is flying right

The silver aeroplane cuff links he wears were a gift, says Craig Hobart. The Beechcraft Twin Bonanza is not. A photograph of the plane, the last of its type to come out of its factory and used during the Vietnam War, sits on the Tyndall Investment Management Ltd. managing director’s desk. Hobart has flown about […]
Investment Strategy

Funds wary of costs amid disclosure push

Some who are responsible for managing part of Australia’s $1.8 trillion funds under management say they already are transparent on their investments and believe caution should be exercised to ensure costs don’t outweigh the benefits of disclosure. “We’re happy to disclose each and every one of our investments,” says Sam Sicilia, chief investment officer of […]
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