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NEOS names retail, strategic sales leads

JAMIE WILLIAMSON  |  FRIDAY, 17 MAY 2024
... of head of retail sales and head of strategic sales, as it sets in motion expansion plans. Nathan Leonard is the insurer's new head of retail sales. He first joined NEOS when it launched in 2018 as state sales manager for New South Wales, before being ...

Aware Super hires head of corporate development

JAMIE WILLIAMSON  |  FRIDAY, 17 MAY 2024
... the inherent strengths that Aware Super will bring to any future partnership. "We're thrilled to welcome Craig into this new role, which will set new benchmarks for the industry to follow through our leading administration system which is reimagining ...

Liberals respond to Federal Budget

ANDREW MCKEAN  |  FRIDAY, 17 MAY 2024
... superannuation as a solution to Australia's chronic housing shortage, noting that these proposals offer little in terms of building new homes. "Building more homes is the solution to Australia's housing shortage, and its's unfair to ask young ...

Sequoia seeks Takeovers Panel intervention

KARREN VERGARA  |  FRIDAY, 17 MAY 2024
... the only executive director of your Company. They are proposing significant changes to the business be implemented by the new board and executive team," they said. "The Board's view is that if shareholders are to agree to a change in control scenario ...

Magellan advances MGF conversion to open class

KARREN VERGARA  |  FRIDAY, 17 MAY 2024
... containing the notices of meetings and explanatory memorandum. The RE has also filed an application with the Supreme Court of New South Wales for a hearing to obtain judicial advice under section 63 of the Trustee Act 1925 (NSW) in respect of the proposal. ...

GPT appoints new chief investment officer

ELIZA BAVIN  |  FRIDAY, 17 MAY 2024
... global experience will be valuable in the development and execution of GPTs growth strategy." Harrison will commence in his new role "as soon as practicable", GPT said. In addition to the appointment, GPT announced its chief operating officer Mark Fookes ...

Value versus growth: Market expectations in 2024

ANDREW MCKEAN  |  THURSDAY, 16 MAY 2024
... expectation was for three rate hikes in 2022, but the actual increases were much higher: a major adjustment. He said this new reality, where the cost of money was substantially higher than during the COVID-19 period, was a big headwind for growth stocks. ...

Macquarie Asset Management launches low-cost active ETFs

ANDREW MCKEAN  |  THURSDAY, 16 MAY 2024
... said systematic investing provides the opportunity for a view on every company in an investible universe. "Our aim with these new ETFs is to build a stable, more risk aware and balanced fund portfolio with significantly reduced impact from human bias," ...

CalSTRS appoints chief investment officer

ANDREW MCKEAN  |  THURSDAY, 16 MAY 2024
... tenure. Scott Chan, who's served as deputy chief investment officer since 2018, will take on the role. Chan's first day in his new position will be July 1; he'll report to the board's investment committee and chief executive Cassandra Lichnock. The appointment ...

Active Super, Vision Super finally sign transfer deed

JAMIE WILLIAMSON  |  THURSDAY, 16 MAY 2024
Almost two years on from confirming merger talks, the two super funds have set a date for the successor fund transfer. Active Super will merge into Vision Super on 1 March 2025, following the signing of a successor fund transfer deed. It was initially ...
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