Maurice O'Shannassy, former head of MLIM managed accounts and ex-Blackrock and fomer NAB executive Cormac Heffernan, return to the managed accounts industry to lead Powerwrap, a relatively young outfit that this year secured Industry Fund Services as a client. https://www.financialstandard.com.au/feed/latest?story=12942992 en-AU Copyright 2026 Financial Standard 5