October 23, 2016

Ex-Goldman’s Newco getting down to business

(pictured: Dion Hershan) For TA Associates, the private equity manager with a penchant for funds management firms, the purchase of Goldman Sachs’ Australian equities and fixed interest businesses marks its 20th such deal. Dion Hershan, the new company’s managing director, tells

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Insurance a big opportunity for managers

(pictured: Matt Malloy) One of the few pockets of growth for institutional fund managers over the last few years has been in the insurance market. Big insurance companies are increasingly outsourcing part or all of their investment management. According to Neuberger

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Eaton Vance agrees to buy big ESG manager

(pictured: John Streur) Eaton Vance Corp announced last week its intention to acquire Calvert Investment Management, one of the oldest and largest specialist ESG managers in the US. To be renamed Calvert Research and Management, the firm will come under the

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Mittleman’s ‘PE-like’ global fund to launch in Australia

(pictured: Chris Mittleman) Fund manager and distributor Brookvine is bringing the Mittleman Brothers global value equity fund to Australia, initially for the institutional market. The fund is billed as “like private equity only better”. Chris Mittleman, who is CIO and a

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ACCC and the Pillar sale: an insider’s response

(pictured: David Orford) The ACCC this month signalled that it may oppose the purchase of the NSW Government’s Pillar super admin business by Link Group. In an analysis piece last week, Investor Strategy News expressed the view that the industry would

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NZ Super gets serious about climate change

(pictured: Adrian Orr) In a “significant and fundamental shift” in strategy, the NZ$31 billion (A$29 billion) New Zealand Superannuation Fund is to implement a four-part plan to cut the fund’s exposure to both fossil fuel reserves and carbon emissions. Adrian Orr,

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Smart beta’s next moves – FTSE Russell

(pictured: Peter Gunthorp) Smart beta investors are increasingly looking for more sophisticated multi-factor solutions and across a range of asset classes, according to a new FTSE Russell report. Published this month, the FTSE Russell ‘Evolution of Factor Investing’ paper says the

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