Fixing an industry on steroidsBY MICHELLE BALTAZAR | THURSDAY, 14 JAN 2010 12:00PMDay One of the Financial Crisis Inquiry Commission (FCIC) highlighted the testimony of an investment veteran who said the industry has long been on steroids - and called the commissioners to help build a system that doesn't need to save the banks every decade or two. |
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Superannuation assets inch to nearly $4.8tn
Total superannuation assets hit nearly $4.8 trillion in the last financial year, marking a 9% rise, namely driven by the rise of industry funds.
Australian instos inject $705m into Nuveen strategy
Brighter Super and JANA are among a group of Australian institutional investors who have injected $705 million into Nuveen's Arcmont Asset Management European direct lending strategy.
Macquarie names new wrap platform lead
Macquarie has appointed a new head of wrap platform after Michelle Weber stepped down from the role following a 13-year tenure at the company.
Invesco APAC head to retire
Invesco Asia Pacific chief Andrew Lo will retire from the global asset manager next March after 32 years with the firm, closing out more than three decades spent building its presence and partnerships across the region.
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Featured Profile
Liza McDonald
HEAD OF RESPONSIBLE INVESTMENT
AWARE SUPER
AWARE SUPER
Liza McDonald would have you believe her path from a legal secretary to the head of responsible investment at Aware Super was a matter of good fortune. Her career says otherwise. Riddhima Talwani writes.
The Financial Standard podcast Tune in each week as we discuss the latest developments in Australia's wealth management industry. |  |
