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(Pictured: Paul Moore) PM Capital turned 15 years old over the weekend. As BT alumni, most of whom who have gone on to bigger and better things, Paul Moore and Ashley Pittard have also done well for themselves and their clients. They have now embarked on a campaign to get retail investors to put more money…

(Pictured: Peter Walsh) Peter Walsh, the director of distribution at the listed multi-affiliate manager Treasury Group, is heading overseas in the new year to take up a big job at Robeco in Rotterdam, in the Netherlands. Walsh, who has been a researcher, lecturer and funds management marketer in his career, has been at Treasury for three…

Sam Sicilia… science meets investments HOSTPLUS has a history of innovation. It has embarked on brave and unusual marketing campaigns. It brought its member services call centre in-house some years ago. It plans to form a PST next year which will be of interest to SMSFs and small funds as this will have an infrastructure option. Greg Bright…

(Pictured: Paul Hennessy) After a long history in Australia via partnerships with other managers, the Capital Group has embarked on a program to control its own destiny. It is recruiting a head of retail and several other senior staff after taking back retail distribution from the multi-affiliate manager Pinnacle Investment Management. Capital appointed its first Australian-based…

(Pictured: Seth Merrin) Liquidnet, the global off-market trading network for asset managers, is looking to emulate its coverage of the listed space my moving into unlisted transactions. Headline-grabbing IPOs mask the fact that private companies are staying private longer. On a visit to Australia last week, Seth Merrin, Liquidnet’s founder, said there are only about half…

(Pictured: Ian Robertson) Ian Robertson, the secretary of the depa trade union and former chair of AIST, has resigned his long-standing position on the board of NSW’s Local Government Super, where he was also chair of its investment committee. The union has nominated Joanna Davison, former funds manager, as his replacement. This is how he announced…

Comment by John Schaffer* On October 14, Investor Strategy News published an article entitled: “What value is manager research and selection?”  Whilst the article purported to have an even-handed expose of views on the subject, it could easily have left one with the impression that manager research doesn’t add value, that we are unable to…

(Pictured: Marianne Brown) Trading in OTC derivatives in the US has become as close to real time as is technologically possible, thanks largely to regulation from the Federal Trade Commission. According to Omgeo, there will be a domino effect in other markets and instruments. Omgeo’s president and CEO, Marianne Brown, was in Australia last week as…

(Pictured: Damian Hill) REST Super won the Super Fund of the Year Award plus the Pension of the Year Award at the SuperRatings annual event last week. But Damian Hill, REST’s chief executive, predicted the pensions category would change dramatically in the future. Hill said that pension products represented the biggest challenge for super funds and…

(Pictured: Paul Woolley) There is no evidence that today’s finance industry is more efficient than it was in the 1960s, the annual conference of the Paul Woolley Centre for the Study of Capital Market Dysfunctionality was told last week. Professor Thomas Phillippon, of New York University, said that unit costs associated with the industry were higher…