(Pictured: Michael Holm) A confluence of both market and demographic trends looks like providing a perfect storm for Michael Holm after 31 years at the helm of his alternative debt funds management business, Balmain Investment Management. With the help of Brookvine, he has launched a “Secured Private Debt Fund” focused on mid-cap secured commercial real…
(Pictured:Â Connie Mckeage) OneVue will become the largest independent provider of unit registry services in Australia following completion of the agreed purchase of Computershare’s fund registry business. Sydney-based OneVue is in the process of securing premises in Melbourne for the 50-or-so staff to come across from Computershare. OneVue is also moving a business development manager to…
(Pictured: Byram Johnston) The normally sleepy world of fund administration and registry has generated an air of excitement in the past few months. Well, perhaps not excitement. But the corporate activity in the field is at least attracting some press for the first time in years. For Byram Johnston and Martin Smith, the new level…
(Pictured: Ian Irvine) It may sound dull but the automation of settlements, applications and redemptions, using the CHESS infrastructure and with ASX oversight is about to offer fund managers a brand new distribution channel, particularly among SMSF investors. ASX confirmed last week that the first 65 participants aimed to be going live with AQUA II…
(Pictured: Graham Long) Impact investing, which has become well established among the big US public sector funds, particularly in California, and is just starting to gain traction in Australia through state government social benefit bonds, will be discussed at the SuperRatings Day of Confrontation Conference in Melbourne on October 15. Michael Trail, the founder and…
(Pictured: Daniel Farley) One of the few benefits of the global financial crisis is the way some of the big global fund managers have addressed the stark realisation that investors don’t necessarily want the type of investing they have been getting for the past 20 years. State Street Global Advisors is the latest to launch…
(Pictured: Greg O’Sullivan) The foreign exchange trading platform provider 360T is expanding in Australia with the recruitment of a Sydney-based executive to concentrate on super funds and other fiduciary investors. Greg O’Sullivan will be taking on his old employer, State Street, in the new role. Visiting Australia last week from his Singapore base, the Australian-born…
(Pictured: David Hartley) It was always going to be a tall order to follow Don Luke as CEO at Sunsuper. Now, Tony Lally’s sudden departure late last month has shone a spotlight on the fund, including a review of its investment department by Towers Watson of the UK.GREG BRIGHT reports. Staff, the board, clients and…
(Pictured: Gordon McKellar) Australia’s Future Fund is assisting the Papua New Guinea Government to establish a sovereign wealth fund to invest some of the money from that country’s natural gas exploitation. Gordon McKellar, the Future Fund chief operating officer, has been advising on the new fund’s operating model. PNG is establishing a ‘Stabilisation Fund’ and a…
(Pictured: Jack Gray) Jack Gray, an executive director of Brookvine and adjunct professor at the University of Technology Sydney, believes the investment world has become too politically correct, especially in Australia. He spoke at the FEAL conference on the subject but believes there should be a wider discussion. He said last week: “There is a…
