(pictured:Â Matt Toms) Investors have a tendency to run from the last crisis towards the next one, just as regulators, like generals, fight the last war. What investors are running from is the bubble of securitisation, which burst in 2008, to corporate credit. Are they creating the next bubble? Matt Toms, the head of public fixed…
(pictured: David O’Sullivan)Â David O’Sullivan, the long-serving chief executive of BUSSQ, and Linda Vickers, the fund’s chief operating officer, are to embark on new roles in a planned expansion of the executive team at the fund. The $3 billion Queensland-based fund for building and construction industries, which has about 90,000 members, will split the chief…
(pictured: Jacob Mitchell)Â Antipodes Partners, the boutique launched by multi-affiliate manager Pinnacle Investments Management in March last year, is joining the listed investment company trend by looking to raise at least $100 million for a global equity LIC. Pinnacle backed Antipodes, led by Jacob Mitchell, a former deputy CIO at Platinum Asset Management, with about…
(pictured:Â Paul Woolley) The University of Technology Sydney is hosting its 10th annual Paul Woolley Centre two-day conference with a focus on how our financial institutions rate and whether there’s an ‘Uber’ in the wings to disrupt them. Benchmarking and failings in retirement products will also come under scrutiny. The Paul Woolley Centre for Capital Market…
(pictured: Damian Moloney) Frontier Advisors is turning up the heat in the increasingly widespread debate about funds management fees, with its chief executive putting pen to paper for a thought-leadership piece which updates previous work by the asset consultancy. The latest paper, “Progressing a New Deal on Fees: Ideas for Institutional Investors” aims to: “Reiterate the…
It may not be the exodus of ex-pats that some real estate agents are saying, but the impact of Brexit on commercial property in London is starting to be felt. Ironically, there’s a cyclical buyers’ opportunity, according to global property manager TH Real Estate. Nick Deacon, the fund manager’s ‘director of central London offices’, said…
(pictured:Â Nick Vamvakas) by Greg Bright Equip is one of the oldest surviving super funds, dating back to the heyday of the Victorian coalfields in the 1930s. It has also been managing assets in-house for longer than almost every other fund – since the 1980s. Now, with a very modern assessment of risks, it has decided…
(pictured: Craig McCulloch) The challenge of providing retirement products increasingly plagues big super funds, especially as a lot of their near-retirement high-balance members weigh up the SMSF alternative. Big funds have many advantages they may not be exploiting, such as ‘longevity pooling’ strategies. Milliman, the global actuarial advice firm which specialises in retirement and risk…
(pictured: Pru Bennett)Â In an increasingly risk conscious investing world ESG factors have come a long way since the mini-boom in ethical funds of the early 2000s. And, according to one of the most experienced investors in the field, Australia stands tall as a “mature” market for ESG and related practices. Pru Bennett, the Hong…
(pictured:Â David Braga) BNP Paribas Securities Services has started a global program, which it is calling “augmented custody”, which will give it an edge over competitors for speed of actions across a range of investment administration activities. Australian and New Zealand clients will be early beneficiaries. The program follows a systems upgrade and will cover 24…
