Nearly every Australian has super, but its settings don’t work for every Australian, according to the First Nations Foundation, which is advocating for changes around estate planning and the preservation age to make the system fairer.
Betting against acts of God is a great way to make money, but institutional allocations to natural catastrophe reinsurance have stayed relatively static even as some managers are generating double-digit uncorrelated returns.
Tribeca renews sales effort
Alexandra McGuigan
Tribeca Investment Partners, an affiliated manager of Grant Samuel Funds Management, has appointed a new head of business development, after splitting the role for the past two years between the portfolio managers and the Grant Samuel marketers.
Alexandra McGuigan has left third-party marketer Shed Enterprises to take up the role, which was last filled by James Savage, who is now at Franklin Templeton.
McGuigan was at Shed for a little over three years and prior to that at Investec Bank and BNY Mellon Asset Management in marketing roles.
Tribeca, formed in 1998 by Paul Jenkins, who sold his interest in 2007, and the current chief executive, David Aylward, offers three main strategies: a 130:30 fund, which it calls ‘Alpha Plus, run by Sean Fenton; a small-cap fund run by Aylward; and a global total return fund run by Chris Daily. It has about $1.8 billion under management.
