December 2, 2018

Jamie Stevenson and David Travers

Creepy or cool: unlocking the value of data

by Greg Bright* RBC Investor & Treasury Services posed an interesting question to fund managers last week: “Is data creepy or cool?” The answer, probably, is: “both”. An eclectic group of fund managers gathered in Sydney and had their say

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Roberts family office shutters active strategy

Andrew Roberts, the billionaire former major shareholder in the Multiplex property group, appears to be retiring parts of his interest in funds management. RF Capital has shuttered its hedge fund strategy, known as the Empirica business, resulting in a dozen

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David Bell resigns from Mine Super

Mine Super, the $11 billion coal industry fund formerly known as AusCoal, announced late last Friday the resignation of David Bell, the fund’s CIO. It came as a shock. He is remaining at the fund, though, until a replacement is

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Parametric wins first tax-managed factor mandate

Parametric, the specialist implementation manager, has been awarded a $200 million global equities mandate by a big super fund. The bespoke mandate, which is worthy of a case study, addresses certain risk factors and concerns about unintended biases in factor-based

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Funds diversifying more in face of changing markets

Manager search specialist bfinance has ticked over 70 searches for pension fund clients in the Asia Pacific region, 30 of which were in Australia, where it set up office in 2016. The trend with those mandates is instructive – funds

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Mittleman still sees value in global equities

Rather scarily, Chris Mittleman, the managing partner and CIO of US-based global equities shop Mittleman Investment Management, which has beaten its benchmark by a wide margin since the firm’s inception, says the opportunity set for his value style reminds him

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David Carruthers

Lifecycle strategies come with a cost – Frontier

With the ubiquity of MySuper default options, many funds have attempted to provide a more tailored retirement solution to members through the adoption of so-called ‘lifecycle’ strategies. But, a new paper by Frontier Advisors, warns that members may retire with

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Lockyer exits ANZ wealth business after insurance sale

ANZ head of wealth products, Ana-Marie Lockyer, is to leave the bank’s New Zealand business by Christmas. It is understood, Lockyer, whose product duties include the country’s largest pool of KiwiSaver funds, is departing following a group restructure triggered by

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