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Scott Morrison becomes Prime Minister, markets reactBY KANIKA SOOD | FRIDAY, 24 AUG 2018 3:11PM
Scott Morrison will be Australia's next Prime Minister, after he beat Peter Dutton 45-40 in a Liberal Party leadership ballot.Read more: Scott Morrison, Liberal Party, Peter Dutton, ASX, Commonwealth, Investor Service, Kerry Craig, Kerry JP Morgan Asset Management, Malcolm Turnbull, Martin Petch, Moody's
The $67 billion super fund for the building and construction industries will launch new investment options as it remains focussed on growing to $150 billion.
PineBridge Investments appointed a head of wealth management for the Asia region in a newly created role.
Asset managers and superannuation funds will ramp up their digital advice offerings in 2022 as the reality of financial advisers exiting sets in.
Pendal Group has endured a disappointing quarter, with $5 billion in outflows from UK institutional clients.
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