BNP Paribas Investment Partners (BNPP IP) has announced it will soon introduce a new Australian fixed income fund, and has expanded its fixed income team in preparation for the capability.
The fund is said to be for both institutional and retail investors and will include a separately managed accounts (SMA) offering.
The team, who will be headed by Doyle Mallett, has been completed by the appointment of a portfolio manager, a credit analyst and a business manager.
Jasmin Argyrou has joined the team from Schroders Investment Management where she was a fund manager in fixed income. She has also worked with UBS Global Asset Management as a senior fixed income researcher.
Dominik Dumaine joined as a credit analyst from BNPP IP’s office in Paris, and has more than ten years of experience in the field.
Dean Allan has joined as business manager, fixed income from BNP Paribas Securities Services. He has also held positions with Suncorp Portfolio Services and JP Morgan Securities Services.
The Actuaries Institute has released a framework to help super funds deliver affordable guidance and advice to millions approaching retirement.
Labor’s finance minister has dismissed claims the government directs super fund investments after questions over Australia’s new US deal.
Australia’s average superannuation balance has climbed to a record high, with women’s savings share rising and reliance on the age pension falling.
APRA has softened several governance reform proposals following extensive consultation with banks, insurers, and super funds across Australia.