Australia
Asia Risk 15: Doug McTaggart, QIC
Queensland Investment Corporation has been at the vanguard of asset managers in Australia promulgating sophisticated risk and portfolio management techniques during the past 15 years. Rachel Alembakis speaks with its chief executive, Doug McTaggart
QIC’s Hazel McNeilage in dynamic asset allocation drive
The Queensland Investment Corporation is pushing ahead in its bid to promote dynamic asset allocation, according to Hazel McNeilage, head of funds management. But dynamic downside risk services have yet to gain strong support from clients. By Rachel…
Australia's ETF market set to double by 2012, says iShares
ETF provider iShares predicts that ETF investment in Australia will double by 2012 as investors seek more transparency, liquidity and diversification
Lee reappears at Deutsche Bank as head of GMIP and db-X, Asia
Chris Lee has taken over global market investment products and the db-x division in Asia for Deutsche Bank. Formerly head of the structured products group at UBS, Lee started at Deutsche in the last week of June.
Credit Suisse expands Australia equity derivatives with Kiely hire
Credit Suisse has expanded its equity derivatives and structured products operations in Australia with the appointment of Lucas Kiely as director and head of equity derivatives sales and Chelsea Wise as director and head of structured products sales
Superannuation changes may ignite Aussie VA growth
Variable annuities set to grow as Australia tackles pensions longevity issue
Global regulation may stifle Australian economic growth
The right medicine?
Fixed income gains interest in Australia
Gaining interest
Australian inflation market boosted by linker issuance
Linker limitations
Asia plays catch-up on CCPs
While European and US regulators blaze a trail in over-the-counter derivatives reform, Asian supervisors have been much more circumspect. Some are now exploring the use of central clearing but many are still wrestling with how best to implement it. Matt…
Australian advisory business faces clampdown on remuneration
Sector faces major shake-up by Australian government’s focus on quality of investor advice
Coming of age
As Australia braces itself for a shift to a fee-for-service regime for financial advisers, low-cost, relatively transparent products such as exchange-traded funds look set to flourish. Wietske Blees reports
Tipping point?
The global financial crisis has demonstrated the Australian credit default swap market is more liquid than its counterparts in the rest of Asia. Nonetheless, Australian investors have failed to take advantage of large arbitrage opportunities and the…
Australia infrastructure changes may reduce role of PPP as inflation payers
Private sector calls on Australian government to underwrite payments for PPP projects
Eurozone sovereign CDS spreads widen amid continuing contagion fears
Widening continues on eurozone CDS spreads as Australian banks feel the pinch from the Greek debt crisis
In transition
Transition management is gaining popularity in Australia, with longer transitions using off-exchange trading platforms becoming increasingly common. But there are plenty of risks associated with such trades. Rachel Alembakis reports
Betting on basis
Large offshore capital raising efforts by Australia’s banks and a relative dearth of activity in the kangaroo bond market has led to a significant widening in the cross-currency basis swap. This imbalance has created a large profit opportunity for fund…
