Active Super and Vision Super are now entering the home stretch of a drawn-out merger process that will create a new $29 billion fund with 170,000 member accounts.
The NZ Superannuation Fund has made half-a-dozen fresh investments over the previous few months across an eclectic range of strategies including US timber, a quant trend-follower and a life science specialist.
Tribeca renews sales effort
Alexandra McGuigan
Tribeca Investment Partners, an affiliated manager of Grant Samuel Funds Management, has appointed a new head of business development, after splitting the role for the past two years between the portfolio managers and the Grant Samuel marketers.
Alexandra McGuigan has left third-party marketer Shed Enterprises to take up the role, which was last filled by James Savage, who is now at Franklin Templeton.
McGuigan was at Shed for a little over three years and prior to that at Investec Bank and BNY Mellon Asset Management in marketing roles.
Tribeca, formed in 1998 by Paul Jenkins, who sold his interest in 2007, and the current chief executive, David Aylward, offers three main strategies: a 130:30 fund, which it calls ‘Alpha Plus, run by Sean Fenton; a small-cap fund run by Aylward; and a global total return fund run by Chris Daily. It has about $1.8 billion under management.
