Comment

By Greg Bright NSW Treasury, which oversees the $70 billion NSW Government’s T-Corp amalgamation of the underlying investments of three separate Government-controlled funds, is expected to announce the winner of Australia’s largest-ever custody tender in the next couple of weeks. After a review and tender process, which lasted more than a year, JP Morgan has…

With her promotion to Manager, Operational Consulting, at JANA Investment Advisers recently, Jo Leaper is testament to two trends: the increasing importance of investment operations strategies and processes and the expansion of the big consulting firm’s governance advisory capabilities. Leaper, a former custodian with NAB Asset Servicing (NAS), has tended to focus on operational issues…

(pictured: Mark Delaney)  While the investment insourcing trend by big super funds is having a fundamental, and only relatively recent, impact on the structure of the institutional investment industry, Australia remains behind the times, according to Mark Delaney. The CIO of Australian Super, the $100 billion bellwether fund, told the ASFA conference that when his…