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Superannuation

IXIS revises and renames bond fund

HAMISH MADDEN  |  WEDNESDAY, 7 FEB 2007
IXIS Asset Management Australia has revised its IXIS Sayles Global Corporate Bond Fund broadening its investment mandate and rebranding it with a new name.

Macq making progress on restructure

WWW.THESHEET.COM  |  WEDNESDAY, 7 FEB 2007
Macquarie Bank has had "positive discussions" with the Commonwealth Treasury about legislative change needed for it to move to a non-operating holding company structure.

QIC cuts WestLB Mellon

HAMISH MADDEN  |  WEDNESDAY, 7 FEB 2007
QIC has revised the manager line up for its Implemented Australian Equities Fund, terminating WestLB Mellon's long-short mandate.

Mariner's US property trust keeps growing

HAMISH MADDEN  |  TUESDAY, 6 FEB 2007
Mariner's Australian Stock Exchange listed American Property Income Trust has made another acquisition in the hot US office property sector as it continues on its growth trajectory.

QIC moves AQR mandate to long-short

HAMISH MADDEN  |  THURSDAY, 1 FEB 2007
QIC has switched its long-only mandate with quantitative investment specialist AQR into a new long-short allocation, seeding AQR's new Released Constraint Global Equity Fund.

Everything old is new again, now: Schroders

HAMISH MADDEN  |  THURSDAY, 1 FEB 2007
Investors would do well to get back to the basics of investing, according to Schroders, with head of Australian equities, Martin Conlon, arguing the focus on 'new' asset classes and an obsession with headline data and forecasting has led some to forget ...

Mellon scores GESB global mandate

HAMISH MADDEN  |  THURSDAY, 1 FEB 2007
Mellon Global Investments Australia has been awarded a global equity mandate from the Government Employees Superannuation Board (GESB).

State Street ploughs $715m into online FX

State Street Corporation is to buy online foreign exchange trading platform Currenex for more than $715 million (US$564 million), increasing its foothold in the rapidly growing online foreign exchange sector.

Overseas investors drive hedge funds: Report

A new report into the hedge fund industry by specialist consultant John Glass and Rainmaker has found while the local hedge fund market is $22 billion, it's becoming a big exporter with one quarter of the money being managed for overseas investors.

Banks to brace for bumpier ride: Fitch

Global ratings agency Fitch Ratings predicts that the earnings growth of the country's largest banks will likely be 'moderate' this year compared to last year due to increased competition for the consumer dollar and lesser housing finance deals.