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Showing 151 - 160 of 189 results for "IT investment"

ESSSuper drops VFMC for Towers Watson

RUTH LIEW  |  TUESDAY, 6 JUL 2010
The $15 billion Victoria-based ESSSuper has appointed Towers Watson as its new investment adviser for the fund's accumulation assets, terminating its previous contract with VFMC, which will still be the adviser for the fund's defined benefit investments. ...

Funds thrive with nimble IT

MICHELLE BALTAZAR  |  TUESDAY, 29 JUN 2010
A flexible and scaleable IT system has become even more important as more fund managers try to grow their business with less resources than before the GFC, said Pascal Wanner, account manager for the Swiss market at SimCorp. Wanner said that while many ...

Don't limit adviser choice: Synchron

COMPANY RELEASE  |  WEDNESDAY, 23 JUN 2010
Synchron has renewed calls for firms to not limit advisers to a 'tight' list of platforms, products or risk providers to chase volume bonuses. In a press release, Synchron said it was not in advisers or their clients' best interest to artificially limit ...

Challenger launches Bentham

MICHELLE BALTAZAR  |  TUESDAY, 1 JUN 2010
Challenger Financial Services has launched Bentham Asset Management, an investment boutique created on the back of the group's recently purchased assets from Credit Suisse. Bentham will be managed by portfolio manager and principal, Richard Quin, and ...

Challenger buys Credit Suisse funds

RUTH LIEW  |  THURSDAY, 6 MAY 2010
Challenger Financial Services Group has bought Credit Suisse Investments Australia, in a deal which will add nearly $1.8 billion to Challenger's FUM and broaden Challenger's footprint in the credit sector. As part of the deal, Challenger snapped up ...

IT growth and spending to slow

RUTH LIEW  |  THURSDAY, 28 JAN 2010
North America's IT services market is expected to go through a tough 2010 and until 2011 - an effect that will send ripples throughout the financial services IT sector in Australia. Ovum's recently released model "North American Market Trends 2009 ...

Future Fund targets credit assets

MICHAEL HOBBS  |  MONDAY, 7 DEC 2009
The Future Fund is eyeing credit investment opportunities in the US and locally to boost the returns of its debt portfolio. David Neal, chief investment officer at the Future Fund, said the fund is rotating its debt portfolio into opportunistic areas ...

Invesco buys Morgan Stanley's retail arm

COMPANY RELEASE  |  WEDNESDAY, 21 OCT 2009
Invesco has bought Morgan Stanley's $129 billion retail asset management business for $1.5 billion. The deal includes Morgan Stanley's Van Kampen Investments arm. Morgan Stanley's retail asset management business comprises of equity, fixed income, alternatives ...

Macq tops income sector review

COMPANY RELEASE  |  FRIDAY, 2 OCT 2009
The Macquarie Income Opportunities fund is the only fund to receive a 'highly recommended' rating after a review of 13 income funds by Lonsec. Elizabeth Newman, senior investment analyst at Lonsec, said credit markets caused havoc for many credit investment ...

EQT and PIMCO get van Eyk tick

COMPANY RELEASE  |  WEDNESDAY, 23 SEP 2009
Equity Trustees and PIMCO Funds have received AA and A ratings respectively from rating firm van Eyk in its 2009 Global Credit Review Ratings. The EQT PIMCO Global Credit Fund received van Eyk's highest AA rating, while the newly established EQT PIMCO ...