Some of the best investment strategies have their genesis in personal circumstances or adversity. For Martin Currie, which manages one of Australia’s oldest and best performing equity income strategies, it was both. The firm last month celebrated the 10th anniversary of the Martin Currie Australia Equity Income strategy, which accounts for more than $6 billion…
by David Chaplin The big Netherlands-headquartered investment performance attribution firm, Ortec Finance, has completed the double in both Australia and New Zealand, landing the two largest institutional funds in each country as clients. It picked up NZ’s Accident Compensation Corporation (ACC) fund late last month. Another big Australian fund is set to follow. The ACC…
Ian Perkins, a long-time executive and entrepreneur in asset servicing in Australia and Asia, spending the past six years at BNP Paribas Securities Services in Sydney, died suddenly of a heart attack on Sunday June 29, age 57, while at home with his family. Friends at BNP Paribas prepared a short personal tribute which concluded:…
Brendan Burwood has just one more task ahead of him now. That is to negotiate an exit for shareholders in the listed shell of the former Chant West Holdings and end a corporate saga which started when the software customisation company Enzumo Ltd acquired the business of fund research company Chant West in December 2015….
The $9 billion profit-for-members Australian Catholic Superannuation & Retirement Fund has appointed the specialist implementation manager Parametric Portfolio Associates to run a mandate as part of the ‘RetireSmart’ strategy for a new custom-designed equities approach with a focus on capital retention and income. Parametric will manage the equity portfolio as part of Australian Catholic Super’s…
Culture is a “fascinating subject dripping with issues”, according to Roger Urwin, who first wrote about the power of culture for fiduciary investors and their managers in the 1990s, having established the asset consulting arm of Willis Towers Watson in 1989. He remains one of the most influential advisors to big funds in the world….
‘Week in China’, the HSBC-backed free weekly newsletter about investments, business and life in general on the mainland of China, celebrated its 500th issue late last month. Steve Irvine, founding editor, said: “When we were looking back it struck us that while we have talked about many of the key elements of China’s long history,…
There are lots of repercussions from the COVID-19 fallout which will stick for a long time for everyone, including managers of Australian equities. For the most part, according to Paul Xiradis, talking about the equities markets recently, they are more an acceleration of previous trends – either demographic or societal. Putting aside the daily Coronavirus…
For women in particular, but also for men, what sticks from the COVID-19 crisis, what are the potential silver linings to come out of the dark cloud, represent a chance to “bounce forward” rather than “bounce back” once it’s all over, according Margo Lydon. She was the presenter at last week’s (June 26) Women in…
by Greg Bright Media Super, formed in 1987 as JUST Super, was a pioneer among super mergers. It merged with the entertainers and actors’ fund, the interestingly named JEST, within a couple of years of formation. It then merged with Print Super, the printers and typesetters’ fund, several years later. Gerard Noonan, the longstanding Media…
