Legg Mason chief replaced to staunch investor outflowBY MELANIE TIMBRELL | FRIDAY, 14 SEP 2012 11:15AMLegg Mason chairman and chief executive Mark Fetting will step down effective October 1 amid pressure from activist investor Nelson Peltz's Trian Fund Management and five years of client outflows.
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Antipodes acquires boutique manager
Antipodes has acquired a fund manager specialising in Asian equity and fixed income strategies that has about $170 million in assets under management.
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Mercer released its investment performance charts, revealing the top 10 funds delivering massive returns.
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ClearBridge Investments has launched its first global equity strategy in Australia as it looks to introduce more in the future.
Plenary Group sells 49% stake to ADQ
Abu Dhabi sovereign wealth fund ADQ has acquired a 49% stake in Plenary Group as it marks its first investment in an Australian company.
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Fiona Mann
HEAD OF LISTED EQUITIES AND ESG
BRIGHTER SUPER
BRIGHTER SUPER
Brighter Super head of listed equities and ESG Fiona Mann was shaped by a childhood steeped in military-like discipline and global nomadism. Andrew McKean writes.
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