(Pictured: Andrea Slattery)Â A slight name change for an industry association should not, by rights, raise too much interest. With the former SPAA, for instance, which became the SMSF Association last week, the biggest concern seemed to be how you could say the association’s new name reasonably quickly. ‘SPAA’ was a lot easier. But, with…
(Pictured:Â Niall Quinn) Australian super funds have a right to be worried about the world we are in, says Niall Quinn, a managing director and president of global manager Eaton Vance Investment Managers. But he is not a pessimist. He believes, for instance, the worst will be over within four years. Quinn, who is a fixed…
The introduction of the new Basel III banking liquidity regulations has opened a window of opportunity for financial institutions in Australia to work with their bank providers on innovative strategies and solutions which could benefit both parties, according to Kevin Wong, Director in Client Insights & Solutions, in ANZ Bank’s International and Institutional Banking group….
(Pictured:Â Sinclair Scholfield) State Street, the big global custodian bank and fund manager, and FNZ, the global systems company with humble beginnings in New Zealand, have forged an unlikely alliance. They are looking to provide institutional-grade securities servicing to the member-direct market. At first glance these two companies do not seem to have much in common….
(Pictured:Â Bruce Watson) by David Chaplin* At least one of the $NZ30 billion plus Accident Compensation Corporation (ACC) investment fund’s two custodians is set to lose out as the Government-owned entity rejigs its back-office. Meantime, Australia’s AUSCOAL Super, also a JP Morgan client, goes to tender this week. In New Zealand, it appears to be a…
(Pictured:Â Pat Liddy) Securities servicing is going through a period of significant disruption. The SMSF movement, technological advances and heightened competition have combined to make 2015 one of the most challenging that the industry is likely to have seen. In this special report, PATRICK LIDDY rates the players and looks at the likely landscape for securities…
(Pictured: Phil Filippelis) BNY Mellon Investment Management has appointed its new Australia country head and director, institutional distribution, to replace Bruce Murphy, who moved to one of the firm’s affiliated managers late last year. The new country head, Phil Filippelis, is based in Sydney and reports to the BNY Mellon IM regional head, Mark Speciale,…
The London Stock Exchange (LSE) announced last Thursday night in London that it planned to put the investment management arm of Russell Investments up for sale, a move that was widely anticipated after it bought the owner of the Russell stock market indices last year. In June, LSE agree to acquire Russell for US$2.7 billion…
(Pictured:Â Amelie Delaunay) Australian institutional investors in direct property are increasingly putting their money offshore and it’s mainly going to Europe and the US, rather than within the region, according to the latest investor survey by ANREV. The Asian Association for Investors in Non-listed Real Estate Vehicles has published its eight annual survey, which also incorporates…
(Pictured:Â Rohit Chopra) Australian investors have had a love/hate relationship with emerging markets for many years. Like the perception of the markets themselves, they tend to go hot and cold with that part of their portfolio. However, structural changes in some of the bigger markets may be changing both the perception and reality. Rohit Chopra, a…