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Blue Sky Alternative Investments taps new leader for its hedge fund business
trueNeil Power joined Blue Sky Alternative Investments in Sydney as managing director of the firm's hedge fund division.
NZ Super CEO: Bank of Portugal's moves could undermine SWFs role in providing liquidity
trueA decision by Portugal's central bank, which effectively penalizes institutional investors that lent $784 million to a Portuguese bank a month before its collapse in August, could undermine the growing role of sovereign wealth funds in providing liquidity to the global financial system, said Adrian ...
HESTA taps deputy to replace superannuation fund's longtime CEO
trueDebby Blakey has been named CEO of the A$30 billion (US$23.5 billion) Health Employees Superannuation Trust Australia.
Australia superannuation fund taps Ardevora for global equities
trueCommonwealth Bank of Australia Group Superannuation Fund hired Ardevora Asset Management to run A$200 million ($156.2 million) in global equities.
Australia's Future Fund posts 13.2% gain for 2014, trims risk exposures
trueAustralia’s Future Fund reported Thursday that its investment portfolio returned 13.2% in 2014 to reach A$109.2 billion (US$85.1 billion) in assets.
Canada Pension Plan takes 25% stake in Australian toll-road project
trueCanada Pension Plan Investment Board, Toronto, on Monday said it will take a 25% ownership stake in a tunnel tollway to be built northwest of Sydney, for A$525 million (US$411 million).
LaSalle Investment Management names head of funds management for Australia
trueChris Forbes was named head of funds management for Australia at LaSalle Investment Management.
Western Australia government employees' fund moves to Northern Trust for custody
trueGovernment Employees Superannuation Board, Perth, Australia, hired Northern Trust as global custodian.
New Zealand Super posts 13.89% return in 2014 on equity gains, lower NZ dollar
trueNew Zealand Superannuation Fund returned 13.89% in 2014, exceeding its benchmark by 147 basis points and bringing the value of its portfolio to NZ$27.54 billion (US$20.53).
IACPM: Credit default concerns improve, but overall view still pessimistic
trueCredit portfolio managers remain pessimistic on credit defaults over the next 12 months, but they are mixed about credit spreads over the next three months, said a quarterly survey from the International Association of Credit Portfolio Managers.
SSgA taps Telstra Super vet to bolster institutional sales team in Melbourne
trueChris Artis joined State Street Global Advisors in Melbourne as a vice president of sales and distribution on the firm’s institutional sales team.
New Zealand Superannuation purchases RetireAustralia
trueNew Zealand Superannuation Fund, Auckland, and infrastructure company Infratil announced a joint purchase of RetireAustralia, an owner of senior housing units in Australia.
ERAFP on lookout for Asia-Pacific SRI equity managers to run €400 million
trueEtablissement de Retraite Additionnelle de la Fonction Publique, Paris, is searching for three money managers to run a total of €400 million ($501 million) allocation to a socially responsible investing strategy for Asia-Pacific equities.
J.P. Morgan Asset Management acquires Aviva's Asia-Pacific real estate business
trueJ.P. Morgan Asset Management acquired Aviva Investors' Asia-Pacific real estate business and is taking on the entire 16-person team from Aviva and $1.2 billion of diversified assets in Australia, New Zealand, Japan and Singapore.
Australia Future Fund's head of equities to depart
trueElspeth Lumsden, head of equities for the Future Fund, will be leaving the A$104 billion (US$86 billion) Melbourne-based fund to return to “full-time study.”