Graeme Russell, the soon-to-retire chief executive of Media Super, has seen it all. On July 1, 2008, for instance, he was a trustee director of what was then JUST Super and a director of what was then the timber industry fund TISS. On that day, he was involed in two concurrent mergers with five funds…
by Denis Carroll* Group consensus is an amazing thing. How many times in the recent past, up until COVID-19 hit, have we heard expert commentators and fund managers tell us everything was looking good for a global recovery? Prior to the pandemic, the US continued to look strong going forward, Europe was making moderate gains…
Selvie Shaqiri has three main aims at her new job for Goal Group of Companies, running the APAC business for the global securities class actions recovery and withholding tax reclamation company: strengthen client engagement, improve efficiencies, and expand the business. Class actions are becoming big business around the world and especially in Australia, which has…
by Greg Bright After several years of shareholder complaints, customer complaints and a Royal Commission which also snared the big four banks plus AMP, IOOF is now in the firing line from Shine Lawyers in the latest big class action in Australian financial services. Shine, which has mounted several major class actions in recent years,…
Zenith Investment Partners, controlled by private equity firm Five V Capital, and Chant West Holdings, a listed company which includes the software business Enzumo, are considered likely to reach an accommodation regarding their previously agreed merger. Zenith called off its part in the merger last week, but Chant West is disputing the action. While none…
Chant West has cancelled its annual black-tie awards night, scheduled to be held, this year in conjunction with Conexus Financial, in Sydney on May 14. But the research firm will hold a virtual version of its awards through a live stream to highlight the achievements of the finalists and winners. Brendan Burwood, Chant West managing…
David Bell, the executive director of the Conexus Institute investment and social research body, announced last week that most of the organisation’s efforts would be devoted to analysing and advising on the impact of the coronavirus. It has suspended some projects accordingly. Bell, a former fund manager and CIO of Mine industry fund, said: “The…
Frontier Advisors last month published its initial views on the dramatic shift in the global macro-economic environment which suggested the Australian economy could contract by 6 per cent in 2020 due to Covid-19. The firm will today publish a follow-up short paper for clients, which shows some optimism given the fiscal response of Australia’s federal…
Investor Strategy News will not be published next week, Easter Monday (April 13), a public holiday. We’re having a break. Believe it or not, it is more difficult to produce a media title in lockdown compared with being out and about. But the media has a long history of taking the Tuesday after Easter off….
