The annual Money Management Awards were a bit different this year, as all awards have been. They were virtual, like the others, and they weren’t run, in Money Management’s case in conjunction with the ‘financial planner of the year’ and ‘BDM of the year’ awards as previously – those awards being put on hold until…
AvSuper has appointed a new global manager, US-Based Hardman Johnston, in a mandate which shifts its portfolio towards the growth end of the spectrum. Hardman Johnston Global Advisors has been one of the best-performing managers in its category for more than 10 years. The $2 billion aviation industry fund, which speaks for about 6,500 members,…
This year’s FEAL conference theme proved prescient when chosen, what seems a long time ago, in February. The theme was: ‘Resilience: How to Survive and Thrive in a Time of Disruption’. With a bit of luck, the organisation is showing similar foresight in announcing that the postponed annual members’ dinner will take place on November…
FNZ, the company which brought new-age investment options to Australia’s largest super funds, could be forced to sell down its acquired Australian software firm, GBST, by November 19, after the takeover was deemed anti-competitive by a UK regulator. In a decision handed down last week, the Competition and Markets Authority (CMA) ruled the $260 million-plus…
by Greg Bright Franklin Templeton announced its new leadership team last week, including the important Australasian and APAC parts of the business, prior to the official completion on July 31 of the takeover of Legg Mason, the global multi-affiliate manager. Now, the hard work begins. Multi-affiliate managers tend to be a different breed to traditional…
In a regular series of presentations on the state of play in their markets by its affiliated managers, GSFM has demonstrated the diversification advantages that multi-affiliate funds management businesses have over their single-manager counterparts. The aim, as obvious as it sounds, is to have more winners than losers at any particular time. Damien McIntyre, the…
As the ‘S’ in ‘ESG’ is becoming increasingly important for big super funds and other fiduciary investors, the generally illegal activity known as ‘Modern Slavery’ in most countries, including Australia and New Zealand, has shown up the difficulties in finding out about and addressing bad behaviour down the supply chain. This is bad behaviour and…
Cbus Super’s new chief executive will be Justin Arter, a former Australia country head for BlackRock and a former UK head of institutional business for that manager. Perhaps more importantly for his new role, Arter is also a former chief executive of VFMC, the Victorian Government-owned manager, which has a similar culture to that of…
Franklin Equity Group’s John Remmert and Donald Huber share which trends they think are permanent and which are likely just a phase.
In 1999, towards the end of the internet bubble, there was a lot of talk about people now being able to work from home and, perhaps, being more productive and happier in their jobs, sounding the death knell for mainstream office space. It didn’t happen. Will it happen this time after we come through COVID-19?…
