(Pictured:Â Connie Mckeage) OneVue is still on track for its IPO this year, all being well with the relevant regulators, and is driving further into the industry fund market with its Individually Managed Account (IMA) option. OneVue chief executive officer, Connie Mckeage, says that members of industry funds which partner with them, will not only be…
(Pictured:Â Xavier Rolet) Last week the London Stock Exchange confirmed it was in exclusive talks with Frank Russell Company parent – The Northwestern Mutual Life Insurance Company – regarding a potential acquisition of Russell. The statement makes LSE the last buyer standing for the company, which was put on the block earlier this year by its…
(Pictured: Zak May) by Penny Pryor High frequency trading (HFT), and its analysis, continues to court controversy in the US and globally. One of the most comprehensive global studies done on potential winners and losers of the practice, first released in 2010, has recently been republished with the express authorisation of the Commodity Futures Trading…
(Pictured:Â Denis Carroll) UK-based risk consultancy CheckRisk is close to signing up its first Australian superannuation fund for its total risk monitoring system (TRMS) risk tool. “We’re in discussions with some very major super funds about using some of the tools that we have,” Australian chief executive officer of the company, Denis Carroll, said. “Sadly people…
(Pictured:Â Joseph Sheeran) Retail investors are expected to drive an increase in alternative fund assets under management over the next six to seven years, according to Joseph Sheeran, PricewaterhouseCoopers assurance partner. Global alternative fund assets are forecast to rise faster than almost any other asset class, according to PricewaterhouseCooper’s Asset Management 2020: A Brave New World…
(Pictured: Matthew Chan) Post trade processes in the Asia Pacific region are in dire need of improvement, according to a study commissioned by global transactions systems company Omgeo. The study, one of the most comprehensive on practices in the region to date, was conducted for DTCC-owned Omgeo by Insight Asia Banking & Finance Consulting. Omgeo director, enterprise and…
(Pictured:Â Scott Mather) Japan and Australia are countries to watch as the global economy heads towards a “new neutral” with real interest rates generally around zero. But opportunities for bond investors will occur as individual countries react differently to policy challenges. Japan, in particular, has embarked on an “experiment” with both fiscal and monetary policy and…
Don Sharp… ‘obstacles to managed accounts growth being removed’ At an age when most of his friends and associates are playing golf, cruising and looking after grandchildren, financial services stalwart Don Sharp, a veteran of planning dealer groups in Australia, is helping to build another business. Leng Ohlsson writes: Successfully executing an IPO is a…
(Pictured:Â Michael Gordon) Perpetual Investments is incubating a global share strategy, which is expected to be considered when its arrangement with Wellington Management Company for international shares comes up for review at the end of this year. For two years now, four investment analysts within the team that look after the Global Resources Fund, launched in…
(Pictured:Â Matt Christensen) Australian developments in the social impact investing space are drawing the attention of global investors. Matt Christensen, global head of responsible investment at AXA Investment Management, in Australia recently to speak at the GTQ Investing in Responsibility Conference, said the Australian social benefit bonds were on a watch list of around 10 similar…