(Pictured:Â Tim Martin) Tyndall Asset Management has folded its alternatives business in with the management of core asset classes and made Tim Martin, who headed the unit, redundant. The firm, owned by Nikko Asset Management, has also let go its head of sales and marketing, Matt Russell. The Tyndall alternatives business, which focused on private debt,…
(Pictured:Â Connie Mckeage) OneVue has capitalized on its recent IPO already and will expand its outsource offering to include a responsible entity service following the purchase of Select Asset Management. Select, which was established in 2002 as a fund-of-funds manager covering alternative as well as mainstream asset classes, has also developed the RE business – Select…
(Pictured:Â Damien Hatfield) Damien Hatfield, one of the most influential hedge fund managers in Australia, and his partner David Louie, have joined multi-affiliate manager Ascalon Capital in a sales and marketing capacity. Hatfield, sometimes referred to as the godfather of the Australian hedge fund industry, and Louie, will retain their consulting business, Triple A Partners, in…
(Pictured:Â David Bone) Citi has introduced a service for super funds and managers to help them capitalize on the launch of the Shanghai-Hong Kong Stock Connect program, which will enable foreign investors to buy China ‘A’ shares without a QFII quota and for Chinese investors to more easily access foreign markets. The Stock Connect program, which…
Not only are active managers more likely to outperform their benchmarks in emerging markets, the outperformance is more likely to persist than for managers in the major asset classes, according to a study by Segal Rogerscasey. The study, published by the consulting firm’s Australian research partner Frontier Advisors, is part of a series which looks…
(Pictured:Â Geoff Lloyd) Perpetual has hit the growth phase of its management plan, confirming the establishment of a global equities team in the process of delivering, last week, its best profit performance for several years. The global equities team, as reported previously (ISN May 18, 2014), follows an incubation period of just over three years whereby…
(Pictured:Â Patrick Bolton) Do stock prices represent a good measure of a company’s fundamental value? Not according to professor Patrick Bolton of Columbia University. A good illustration of this is the market’s complete failure to price risks associated with climate change, he says. Professor Bolton is to address the annual Paul Woolley Centre conference at the…
Superannuation administration is a notoriously tough business. The big operators have to contend with ever-changing regulations, technological challenges and razor-thin margins. Since they are dealing with the retirement savings of the vast majority of Australians, they can’t afford to make too many mistakes, either. Greg Bright spoke with Suzanne Holden, the chief operating officer of…
(Pictured:Â Nick Bullman) by Greg Bright At the annual Portfolio Construction Forum last week, which took the 500 attendees on an entertaining journey through the past 100-or-so years, including the evolution of investment theory and practice, the audience warmed to the importance of risk. By the end of the event, during which they were peppered with…
(Pictured:Â Amin Rajan) Pension funds which did well through the market turmoil of the last decade, according to Amin Rajan, the chief executive of CREATE-Research and an Oxford don, had three things in common which meant they did not need to rely on market recovery to bail them out. They had strong investment beliefs, they had…