(Pictured:Â Paul Guest) It’s not just in the residential markets of Sydney and Melbourne that it’s a good time to sell. Core commercial property holdings are fully priced in the region and global property manager LaSalle Investment Management says it has been actively divesting of its real estate in “gateway” cities. As part of its “Investment…
(Pictured:Â Stephen Tremelling) Stephen Tremelling, the former head of sales and business development for BNP Paribas Securities Services, has joined RBC Investor & Treasury Services as director of sales and distribution. Tremelling left BNP last November after 10 years with the firm. His job there has been filled by former consultant, and previously custodian, Ian Perkins….
Thomson Horstmann & Bryant (THB), an American microcap and small-cap manager, has set aside some of its precious capacity for Australian investors. During his first trip to Australia, THB portfolio manager Christopher Cuesta, said last week that a lot of investors were starting to look at the microcap market as a proxy for private equity,…
Jim Stackpool … ‘perhaps financial planners should look to the health industry as a model’ Jim Stackpool’s new book, ‘Seeking Certainty’, is his first targeting the consumers of financial services as well as advisors. The owner of Strategic Consulting & Training has specialized in advising the advisors for more than 15 years. He spoke to…
(Pictured: Ben Phillips) Australian institutional investors, along with the rest of Asia, expect to sell property and increase equity exposures over the next two years, as the world takes on a greater divergence in asset allocations between regions and types of investor, according to Casey Quirk. In its eighth annual global survey, Casey Quirk, the…
(Pictured: Rohan Mead) With only the hint of a smile, Rohan Mead said last week that, within the next 10 years, there would be more people in Australia suffering from dementia than there were currently living in Tasmania. The problems associated with an ageing population are serious and complicated. And they are problems that super…
(Pictured: Martin Goss) Australia is set to overtake Japan within the next 10 years and become the third-largest pension fund market in the world, figures compiled by Towers Watson indicate. But even the slower-growing Canadian and Dutch markets should also overtake Japan, at least when measured in US dollars. Japan grew by only 1.1 per…
(Pictured: Sean Healey) The bigger multi-affiliate managers are a good proxy for the state of funds management in general and the biggest, in terms of manager spread, is Affiliated Managers Group. It’s fourth-quarter results, released in the US last week, signal the good times may have returned. AMG, which has a five-person sales and client…
(Pictured: Matthew Sherwood) There seems to be a growing consensus, certainly among value managers, that the best thing to like about 2014 is that it is that much closer to 2015. Perpetual Investment’s outlook briefing for Australian equities last week was very similar to Tyndall Asset Management’s the week before. The outlook for the domestic…
(Pictured: Andrea Slattery) Technical connections to its customers – fund managers, registry providers and brokers and platforms – represent the final phase prior to commencement for the ASX’s mFund Settlement Services, following the last regulatory hurdle being overcome last week. ASIC’s approval followed the completion, from the ASX side, of the required technology build which…