The $300 billion profit-to-member fund has linked up with Oxford Properties for a portfolio of high-quality European industrial and logistics assets that it wants to expand significantly over the next three to five years.
Australia’s megafunds are looking to international asset owners for ideas on how to invest what will soon be trillions in retirement savings. But banks – with their sharp focus on efficient implementation and balance sheet management – could also be a source of inspiration.
Perkins and Filippelis depart BNP, BNY Mellon
Two senior marketers have left their firms this month, Ian Perkins at BNP Paribas Securities Services and Phillip Filippelis from BNY Mellon Investment Management, both based in Sydney. Neither was free to comment last week.
Perkins had been with BNP Paribas Securities Services since early 2014, most recently as ‘head of asset owners’ for Asia Pacific, looking after big pension funds and sovereign wealth funds. He was a co-founder of Morse Consulting, in 2005, and led that firm’s expansion into Asia. Morse was acquired by Deloitte in 2016, after the firm had acquired the US-based investment management industry business consulting firm Casey Quirk a few months earlier. Prior to starting Morse, Perkins had senior marketing roles with the former RBC Dexia and State Street.
Filippelis was the Australia country head of BNY Mellon Investment Management since early 2015. Prior to that he was the managing director of Angelo, Gordon & Co, an American global credit and real estate manager, and prior to that a managing director and head of distribution for Asia Pacific at Societe Generale’s investment management arm.
Filippelis took BNY Mellon into the retail market in Australia in 2018 through a joint venture with Pinnacle Investment Management.
– G.B.
