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Perpetual Investments adds head of research and consultant relationships
trueGeorge Moromalos will join Perpetual Investments in Sydney as head of research and consultant relationships.
Northern Lights merges with Treasury Group
trueNorthern Lights Capital Group is merging with Australia’s Treasury Group to form a consolidated company that holds stakes in global asset management firms, company officials announced Tuesday.
Energy Super appoints first general manager of investments
trueWilliam Graus joined Energy Super as general manager, investments, said Robyn Petrou, CEO of the A$5 billion (US$4.7 billion), Brisbane-based superannuation fund.
Australia's Future Fund returns 13.9%; assets surpass A$100 billion
trueAustralia's Future Fund posted a 13.9% gain for its fiscal year ended June 30, lifting the value of its portfolio to A$101 billion (US$94.1 billion).
AustralianSuper taps ISPT, QIC for domestic residential property investments
trueAustralianSuper selected ISPT and QIC to manage the A$75 billion (US$71 billion), Melbourne-based industry superannuation fund's direct investments in residential property development projects in Australia.
Telstra Super chalks up league-leading 15.8% gain for latest FY
trueTelstra Super delivered an industry-leading 15.8% return among Australian superannuation funds for the fiscal year ended June 30, said Sydney-based superannuation research firm SuperRatings Pty. Ltd.
PIMCO hires Macquarie veteran to lead Australian business
trueAdrian Stewart will join Pacific Investment Management Co. in Sydney as executive vice president and head of PIMCO Australia.
New Zealand Universities' Superannuation taps Russell as consultant
trueNew Zealand Universities' Superannuation Scheme hired Russell Investments as the Wellington-based, NZ$559 million retirement program's investment consultant.
AustralianSuper posts 13.9% return for fiscal year
trueAustralianSuper, the A$75 billion (US$70 billion) Melbourne-based superannuation fund, reported July 4 that the balanced investment option used by the bulk of its more than 2 million members delivered a 13.88% return for its latest fiscal year ended June 30.
Macquarie adds EMEA distribution head
trueSteve Haswell joined Macquarie Investment Management as head of distribution for Europe, the Middle East and Africa, said a spokesman.
AustralianSuper taps Rockspring as partner for European property investments
trueAustralianSuper hired Rockspring Property Investment Managers as investment manager for the A$75 billion (US$71 billion) Melbourne-based superannuation fund's planned direct investments in office and retail property across continental Europe.
New Zealand Super's general manager-investments takes on CIO title
trueMatt Whineray, the general manager-investments for the past six years at New Zealand Superannuation Fund, was named chief investment officer of the NZ$25.5 billion sovereign wealth fund.
Australia's Future Fund taps CIO as organization's next managing director
trueDavid Neal, chief investment officer of Australia's A$96.6 billion Future Fund, has been appointed as the next managing director of the Future Fund Management Agency.
NZ Superannuation Fund stays level with strategic tilts
trueNew Zealand Superannuation Fund's investment team is working to bring as much science as possible to the art of profiting when capital markets deviate from fair value.
Future Fund takes unfettered approach
trueDavid Neal, chief investment officer of Australia's A$97.6 billion (US$90.6 billion) Future Fund, says his fund's absolute-return focus, unfettered by fixed strategic asset allocations or benchmark constraints, could help it clear a challenging return hurdle over the coming decade.