The scrambling which happened among big businesses following the COVID-19 outbreak, starting March 2020 in Australia, where chief operating officers (COO) directed traffic for thousands of employees to be able to work from home and still deliver good service for clients, was remarkable. It also shone a light on the COO’s role and what it…
by David Chaplin After more than 16 years at AMP Capital, plus a planned 15-month sabbatical which turned into 19 months, Sean Henaghan, the former leader of AMP’s multi-asset and multi-manager investment capabilities, last week quit the firm. He is currently smelling the roses in his native New Zealand. Henaghan finished up in NZ following…
Even before the fallout from COVID-19 hit home, hedge funds and other alternatives managers had been looking to diversify their offerings to cater to a shifting investment environment. This has had “strong implications” for their operating models as well as their traditional service providers, according to a report by the asset servicing arm of Northern…
Over the very long term, interest rates and share market returns have been positively correlated. It is only since the late 1990s that they have been negatively correlated for any length of time. A new research note by Michael Armitage, says investors should brace themselves for a return to the long-term normal and suggests consideration…
John Donovan, the head of AFM Investment Partners, based in Melbourne, has organised the first ‘Pensions for Purpose’ event for an Australian audience, in conjunction with asset consultancy Atchison Consultants. The virtual ‘afternoon tea’ was held last week (September 15). Cameron Hume, an Edinburgh-based global fixed income manager, was a keynote participant. Pensions for Purpose,…
Retail investors have changed the dynamics of US share markets, according to a study by digital broking house DriveWealth. The analysis by DriveWealth, which is the engine of several Australasian US share-trading platforms, found retail investors “have driven a shift in order timing” on the New York Stock Exchange (NYSE) this year. US equity orders…
Think In TBC
In the middle of 2015, Morgan Stanley Research in Australia published a report which predicted that managed accounts would prove to be a major disruptor of traditional investing via managed funds/unit trusts. The report, ‘Evolution or Revolution?’, seemed overly bullish on the new way for individual investors and their advisers to access professional investment management….
