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AMP Capital appoints NZ fixed income head

ALEX BURKE  |  TUESDAY, 14 JUN 2016
AMP Capital has appointed a new co-head of New Zealand fixed income. Vicky Hyde-Smith has been a part of the AMP Capital New Zealand team since 2001, joining as a fixed income analyst. Prior to that, she was on the proprietary trading team at Sumitomo ...

Macquarie infrastructure head joins KKR

DARREN SNYDER  |  TUESDAY, 7 JUN 2016
... as we continue to explore opportunities in the asset class globally." Davies added she was looking forward to working in close collaboration with the global team as it looks to build on its existing portfolio. KKR has committed more than $4.5 billion ...

ASIC ban upheld, investment banker jailed

KERRIE SYDEE  |  MONDAY, 6 JUN 2016
... of inside information between 8 September 2010 and 9 February 2011. The information was allegedly conveyed to Hull by a close friend who was employed in the investment banking department of a global financial services company which worked with major ...

Retirees face deflationary conundrum

DARREN SNYDER  |  THURSDAY, 2 JUN 2016
Retirees' cost of living reduced in the first three months of 2016 but it doesn't mean they are necessarily any closer to achieving adequate retirements. The Association of Superannuation Funds of Australia has released its Retirement Standard quarterly ...

MLC adds to advice partnerships team

KERRIE SYDEE  |  TUESDAY, 31 MAY 2016
... team, working with licensee advisers to help grow their businesses and implement best practice strategies. Downey has spent close to 10 years at MLC, having held roles such as national sales manager - wealth protection products, NSW state manager - insurance ...

Super needs to pick up its retirement game

DARREN SNYDER  |  MONDAY, 30 MAY 2016
Australia's superannuation industry has scope to become the world's best system once it tackles how to invest in retirement by avoiding sequencing risk. This was one of the key views presented by BT general manager superannuation Melinda Howes at a ...

Dimensional launches ESG trust

MARK SMITH  |  THURSDAY, 26 MAY 2016
... client preferences around sustainability and the pursuit of higher expected returns. The eligible universe of the strategy is close to 1500 large cap securities in 22 developed countries outside Australia. "Investors often have to choose between effectively ...

TPB calls for submissions on practical guidance info

KERRIE SYDEE  |  THURSDAY, 26 MAY 2016
... reviewed before the final information sheets are published on the TPB website. Submissions on the four draft exposure drafts close on 11 July 2016.

Good asset owners benchmarked at $30bn

DARREN SNYDER  |  WEDNESDAY, 25 MAY 2016
About US$30 billion is needed for an asset owner to have the "raw materials" to implement a good investment strategy according to global consultant Willis Towers Watson. The firm's global head of investment, Chris Ford, told a recent Sydney ideas exchange ...

MFSIM execs use $143.5m in client money to repay debts

KERRIE SYDEE  |  TUESDAY, 24 MAY 2016
Five former executives of MFS Investment Management (MFSIM), now known as ACN, have been found liable for breaching their directors' and officers' duties by the Supreme Court of Queensland. The MFS Group, subsequantly known as Octaviar, collapsed in ...