Investment News

Aegis clients are in line for a front-end upgrade as new owners, MMC, start work on re-energising the faded platform after officially settling the deal last week. In a release to Aegis users post-settlement, Tom Reiher, MMC managing director, said … [Read more...] about MMC begins Aegis era with front-end refurbish plans…

Christchurch-based adviser services and platform provider, Consilium, has targeted an April 2020 launch date for its reupholstered FNZ-built wrap. Dubbed ‘Wrap 2.0’, the next-level platform taps into the latest FNZ global technology, Consilium … [Read more...] about … as Consilium showcases new-look FNZ wrap

Wellington-based financial services firm, Booster, is considering a tilt at the superannuation master trust business. David Beattie, Booster principal, said while the employer super master trust market was a mature business, there were still … [Read more...] about Booster mulls master trust option

Pie Funds Management has reclassified portfolio manager, Mike Ross, as an ‘investment research consultant’, following his shift to Sydney. Paul Gregory, Pie head of investments, said the title redo was in deference to Australian regulations that … [Read more...] about Portfolio manager re-titled at Pie; Mercer fills risk vacancy; BNZ bolsters governance; Sharesies director goes

NZ companies will come under increasing pressure from investors to cut carbon emissions, a new Forsyth Barr study suggests. The comprehensive Forsyth Barr analysis titled ‘The Carbon Report’, says the “growth in sustainable investing has been … [Read more...] about Institutional investors squeeze NZ firms on carbon risk

The Australasian wealth management industry is gearing up for growth in 2020 with both hiring intentions and optimism on the rise, just-released survey results show. According to the SUPER Recruiters survey, almost two-thirds of respondents tipped … [Read more...] about Optimism, jobs on the up in Australasian wealth market

BennBridge, a subsidiary of Australian multi-affiliate manager Benelong Funds Management, has taken on board the emerging markets team which announced its departure from Janus Henderson this year, under a new UK-based global affiliate, Skerryvore … [Read more...] about Bennelong confirms Janus Henderson EM defectors

The passive investment trend is unevenly distributed across the planet, according to a new McKinsey&Co report, with Australia and Japan the world’s biggest index fans. Almost 60 per cent of institutional money in Australia and Japan is … [Read more...] about Study finds lumps in global passive popularity

With more investors increasing allocations to private equity and other alternative asset classes, largely at the expense of traditional hedge fund offerings, alternative fund managers across Australia and the Asia-Pacific are examining their … [Read more...] about EY examines the trend with the ‘new’ alternatives

The fast-growing Auckland fund administration business, MMC, has hired a new chief executive officer amid a senior level restructure that will see a co-founder step down from day-to-day duties. Under the staff changes revealed to clients last … [Read more...] about MMC reshuffles management as new CEO climbs aboard