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Coalition's super on PPL plan 'deeply worrying'

ELIZA BAVIN  |  FRIDAY, 2 MAY 2025
... We urge the Coalition to reverse its position." "Why is it that women are being asked to choose between financial security now and in retirement?" The Australian Council of Trade Unions (ACTU) also spoke out against the move, saying it represents a large ...

JP Morgan AM hires from Vanguard

ELIZABETH FRY  |  THURSDAY, 1 MAY 2025
... our advisers in their conversations with clients." JP Morgan AM has seen massive growth in its assets under management which now stand at US$3.7 trillion1, with a strategic focus on delivering global, low-cost active solutions to clients. The global ...

SS&C scores another super mandate

ELIZA BAVIN  |  THURSDAY, 1 MAY 2025
... been open about its Australian expansion plans, saying it is a key growth market for the technology company. It said it is now on track to add more local capacity, employees, and office space in the second half of the year to meet increased regional ...

GROW Inc. names new chief executive

JAMIE WILLIAMSON  |  THURSDAY, 1 MAY 2025
... super administrator welcomed its recruit this week, replacing inaugural chief and co-founder Matthew Keeley. John Banfield is now chief executive of GROW Inc., bringing an extensive knowledge of the technology and payments landscape. He was most recently ...

Global X China Tech ETF in the works

ANDREW MCKEAN  |  THURSDAY, 1 MAY 2025
... the country's years of strategic investment in manufacturing capacity, digital infrastructure and research capabilities are now translating into "operational scale" across multiple sectors. Global X noted that in semiconductors, China has repositioned ...

Aware Super on hunt for new chief investment officer

JAMIE WILLIAMSON  |  THURSDAY, 1 MAY 2025
Aware Super chief investment officer Damian Graham is transitioning to a new role, with the fund now conducting a global search for his replacement. Graham will relocate to the fund's London office to take on the role of head of international at ...

Clime awarded $183m mandate from US firm

ELIZA BAVIN  |  THURSDAY, 1 MAY 2025
... we made to structure the company for growth and superior service," Baragwanath said. "Geopolitical tensions are high, but now is the time for leadership, forging and reinforcing commercial and industrial partnerships that deliver value across borders. ...

ASX admits CHESS tech staff 'stretched'

ELIZA BAVIN  |  THURSDAY, 1 MAY 2025
... was the final straw in several delays and issues with the CHESS replacement which has caused regulators to call for change. Now, the ASX has revealed several key findings from the review, which has been submitted to the Reserve Bank of Australia (RBA) ...

AUSIEX to acquire FIIG Securities

ELIZA BAVIN  |  THURSDAY, 1 MAY 2025
... traders, advisers and investors. "With this move, AUSIEX expands beyond exchange traded instruments listed on ASX and CBOE, to now also include over the counter (OTC) domestic and international fixed income products via the FIIG platform," Salis said. ...

Finfluencer failed to disclose paid promotions, says regulator

JAMIE WILLIAMSON  |  WEDNESDAY, 30 APR 2025
... public comments on the Respondents' posts demonstrated that viewers were acting on those recommendations." Floreani will now attend a second hearing by the ASC to determine sanctions and/or cost recovery, the regulator noted. The Ontario Securities ...