Economic recap: Week to July 30BY BENJAMIN ONG | MONDAY, 2 AUG 2021 8:00AMWeekly review of significant economic data, government and central bank action and pronouncements, and other market moving events.
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Former industry fund chief in new role
|Prime Value Asset Management has named former Prime Super chief executive Lachlan Baird as its new finance chief.
ECB cuts rates for second time
|The European Central Bank (ECB) dropped interest rates to 3.5%, the second time it's cut by 0.25% this year.
Future Fund restructures investment leadership
|The Future Fund says it is restructuring its investment team to meet the shifting dynamics of the current environment.
Managers struggle to secure positive net flows in FY24
A minority of investment managers have had positive net flows over the past year, according to Rainmaker Information.
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Featured Profile
Daniel Farmer
CHIEF INVESTMENT OFFICER
MLC ASSET MANAGEMENT PTY LIMITED
MLC ASSET MANAGEMENT PTY LIMITED
Dan Farmer has been chief investment officer of MLC Asset Management for a little over two years now, and after spending 17 years at TelstraSuper and 12 years with IOOF, it's safe to say he's in it for the long haul. Eliza Bavin writes.
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