AMP Capital chief executive Stephen Dunne will retire from the role after 12 years at the helm. In a statement to the ASX, parent company AMP announced that Mr Dunne will depart the $160 billion fund manager later this year. AMP CEO Craig Meller paid tribute to Mr Dunne and his “substantial contribution” to AMP […]
Fund manager Cooper Investors has reappointed NAB Asset Servicing to provide its custodial services. Taylee Lewis NAB Asset Servicing will continue to provide custodial and administration services to Cooper Investors for a further three years. NAB Asset Servicing executive general manager of asset servicing, Matthew Brown, said: “We are pleased to have the opportunity to […]
Sally Pattten Debt infrastructure boutique, Westbourne Capital, has sold a 20 per cent stake to Mitsui, Japan’s second biggest trading company, in a move designed to strengthen the firm’s balance sheet and enable it to co-invest alongside clients. Westbourne was established in 2008 by former executives from Westpac Banking Corp-owned Hastings Funds Management, and has […]
Taylee Lewis Speaking at the launch of the Women on Boards 2015 Diversity Index in Sydney yesterday, Aberdeen global chief investment officer Anne Richards highlighted the benefits of gender diversity. “When we look at businesses in which we invest, [gender diversity] is one of the questions that we ask,” Ms Richards said.
Tim Stewart Sam Hallinan will take up the managing director role at Nikko AM Australia on 1 April 2015, replacing outgoing boss Mike Davis. As well as heading up NAB AM’s investment management division, Mr Hallinan was also the managing director of NAB AM-affiliated boutique fund manager Antares Capital Partners.
BNP Paribas Securities Services has named David Braga as the permanent head of Australia and New Zealand following the departure of Peter Baker in October 2014. Former JP Morgan head of product for custody and fund services David Braga will take on the new role in mid-May.