Daily economic round-upBY PETER BELL | TUESDAY, 22 AUG 2006 12:08PMTreasurer Costello has given notice that at the forthcoming November Group of 20 (G20) meeting of finance ministers and central bank governors in Melbourne there will be fertile discussion about the oil market and the need for a stronger institutional framework around it. Costello, who will chair the meeting, said that some of the oil producing nations should allow more foreign investment with improved technology that will allow lacking commercial operations to be turned around. |
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Perennial to close three responsible investment funds
Perennial Partners will shutter three responsible investment funds that manage $140 million in combined assets, as they fall short of reaching scale and achieving their investment objectives.
LGT Wealth Management hires five advisers from rival
LGT Wealth Management Australia has expanded its Syndey private client advisers' team with five senior hires from UBS Wealth Management.
MSC Group awarded mandates for natural resources strategy
MSC Group will provide administration capability and trusteeship for a natural resources strategy focusing on the energy sector and select commodities.
Norges Bank slashes exposure to US government bonds
Norges Bank Investment Management (NBIM), the investment manager of Norway's sovereign wealth fund, the Government Pension Fund Global, has proposed a major restructuring of the fund's exposure on US government bonds.
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Sarah Shaw
GLOBAL PORTFOLIO MANAGER
4D INFRASTRUCTURE
4D INFRASTRUCTURE
It wasn't confidence that prompted Sarah Shaw to walk away from established investment houses and co-found 4D Infrastructure in 2015. It was something she believes is far more important: courage. By Vinny Vucago.






