WEEKLY WRAP: Industry Super Network rename

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Industry Super Network has changed its name to Industry Super Australia. Industry Super Australia Chief Executive, David Whiteley, said the new name reflected the growing role of industry superannuation in the nation’s economy.

Life risk specialist dealer group Guardian Advice has appointed Andrew Hammelmann as state manager for Queensland.

Colonial First State’s wrap platform business, Custom Solutions, has reached $15 billion in funds under administration making it one of the fastest growing wraps in the marketplace.

Resource Real Estate (RRE) launched its institutional real estate global securities business via a joint venture with Channel Capital. The joint venture known as RRE Global Property Securities (Australia), will offer global property securities investment from two key locations in Sydney and New York by expert portfolio managers, RRE’s Scott Crowe and John Snowden.

ANZ Smart Choice Super has been awarded a five star CANSTAR ‘Outstanding Value’ rating for the first time, following its official launch in November 2012.

Catholic Super members will soon have more control, choice and flexibility of their superannuation investments with Lonsec partnering with Catholic Super to provide an intuitive investment platform to allow members to invest directly in term deposits and ASX listed securities.

Paddy Subbaraman has joined Tyndall AM as chief operating officer. Subbaraman has over 17 years’ experience in financial services.  He was most recently with PricewaterhouseCoopers in Boston as lead asset management consultant.

Threadneedle Investments announced the appointment of Soo Nam Ng as head of Asian Equities (Asia), along with Bernard Lim as senior fund manager, Asia Pacific ex Japan; Christine Seng as fund manager, Singapore and Australia; Weixiong Liang as analyst and Wee Jia Low as senior associate.  

Standard Life Investments has announced the appointment of Amanda Young as head of Sustainable and Responsible Investment (SRI).

State Super Financial Services has appointed financial services specialists, BlueChip Communication as its communication consultancy to help SSFS increase its brand awareness and understanding among key audiences such as major public sector super funds as well as public sector employees through mainstream, metro, regional and trade media.