This year’s top 10 stories included a peek into AustralianSuper’s international equities build out in London, AMP’s move to slash employee benefits, and plenty of hard-hitting analysis of the issues that matter in institutional investment. But the real story is how readers helped shape all of that coverage.
Orbis’ Stuart Place is riding from Melbourne to the Moon and Back to fund a treatment for the “monster of a disease” that his youngest son was born with. The investment industry is rallying behind him.
JANA awards $385m to Causeway
(Pictured: Neil Wild)
JANA Investment Advisers has awarded a A$385 million mandate through its implemented consulting unit to Causeway Capital Management for global equities.
Causeway, which is represented in Australia by Neil Wild and Michael Dorph, is an LA-based value manager for global equities. The firm, which was established in 2001 and has total funds under management of about US$30 billion, also offers a quant-based emerging markets strategy.
The JANA deal takes Causeway’s Australian client base to six funds, with mandates for the US manager totaling A$2.5 billion.
JANA’s implemented consulting unit last year merged with that of sister company MLC. It has about $28 billion under management. The consultant also advises another 100-odd clients with assets totaling $245 billion.
