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AustralianSuper PM joins fund manager

JAMIE WILLIAMSON  |  WEDNESDAY, 29 JAN 2020
... the firm's global equities team to be based outside of New Zealand. He joins from AustralianSuper where he has served for close to five years. Prior to the super fund, Whight was an equity research analyst at JP Morgan and also an associate research ...

Listed fund manager plots expansion

HARRISON WORLEY  |  WEDNESDAY, 29 JAN 2020
A $7.2 billion asset manager is planning the takeover of a large New Zealand real estate fund manager, as it eyes a future as a leading funds management platform in the Australasian region. Centuria Capital Group has launched a $174 million takeover ...

Boutique shuts doors

KANIKA SOOD  |  FRIDAY, 24 JAN 2020
A small caps boutique founded by former UBS investors has decided to close after two institutional investors pulled back their money. Avoca Investment Management was set up by J eremy Bendeich and John Campbell in 2011, with the backing of multi-millionaire ...

American private debt fund eyes Australia

KANIKA SOOD  |  THURSDAY, 23 JAN 2020
... Finance Corporation. The firm primarily focuses on institutional investors but has an LSE-listed vehicle which has returned close to 11%. It partnered with ASX-Listed Pacific Current Group in July 2018, as a part of which the multi-affiliate took a minority ...

Banking sector losses continue

ELIZA BAVIN  |  THURSDAY, 23 JAN 2020
Australian banks continue to take a beating, with all of the Big Four losing brand value, according to a report from Brand Finance Australia. The report said the hit comes as the delayed effects of the global economic slowdown are being felt around ...

Preqin opens Australian office

KANIKA SOOD  |  WEDNESDAY, 22 JAN 2020
The alternatives assets data juggernaut is opening an office in Sydney, as it looks to expand its local client base and build its research coverage. Preqin Pro is a software subscription platform that tracks data (such as fundraising, deals and exits) ...

Viridian opens new offices

KANIKA SOOD  |  WEDNESDAY, 22 JAN 2020
... employee-ownership model with a total subscribed capital of $47.5 million, Calder said. Total equity value of the company stands at close to $150 million. "It wasn't actually a big expense, there are a lot of incentives to get into buildings in regional ...

Investment Leadership Awards finalists revealed

JAMIE WILLIAMSON  |  WEDNESDAY, 22 JAN 2020
... Financial Standard Investment Leadership Awards are the product of comprehensive analysis of 120 investment managers offering close to 1000 strategies, performed by Rainmaker Information. This year sees BlackRock Investment Management, Fidante Partners ...

New chief for Willis Re Australia

ELIZA BAVIN  |  WEDNESDAY, 22 JAN 2020
Willis Tower Watson's reinsurance business, Willis Re, has appointed a new chief executive for its Australian arm. John Philipsz will fill the position, effective 1 January 2020, after serving as deputy chief executive since 2018. Prior to that, Philipsz ...

AMP Capital renews investment team

ELIZA BAVIN  |  WEDNESDAY, 22 JAN 2020
AMP Capital has appointed a new fund management team for its flagship diversified property fund (ADPF). Tom Green will lead the way as fund manager and Andrew Jeffs as deputy fund manager following the transition of outgoing fund manager Brett Williams ...