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Acadian to build systematic credit capability

CHLOE WALKER  |  WEDNESDAY, 13 JUL 2022
... credit investing at Barclays Global Investors/BlackRock and AQR. He also has over 25 years of experience in academia at various top-tier institutions, most recently at the London Business School. Commenting on the appointment, Acadian chief investment ...

HUB24 names new Class chief executive

JAMIE WILLIAMSON  |  MONDAY, 11 JUL 2022
... and investment solutions at MLC will soon become chief executive of SMSF administrator Class. Tim Steele will take over the top job on August 1, replacing HUB24 director of strategic development Jason Entwhistle who has been acting in the role since ...

New chief executive at Industry Fund Services

JAMIE WILLIAMSON  |  FRIDAY, 8 JUL 2022
... held since December 2016, and taken over as chair of the Industry Fund Services board, effective this month. Taking over the top job is Csaba Baranyai in the newly combine roles of chief executive and chief operating officer. It's a promotion for Baranyai ...

Performance test expansion paused as government announces review

RACHEL ALEMBAKIS  |  FRIDAY, 8 JUL 2022
Treasury has halted the extension of the Your Future, Your Super (YFYS) performance test beyond MySuper products for 12 months while conducting a review of the laws. Minister for financial services Stephen Jones announced that the review will commence ...

Julia Lee pops up at State Street

ELIZABETH FRY  |  FRIDAY, 8 JUL 2022
... the Asia Pacific is one of State Street Global Advisors' priorities and we are delighted to continue to invest in more top talent and resources and demonstrate our commitment to the region," said Meaghan Victor, head of SPDR ETFs Asia Pacific distribution ...

CountPlus takes stake in WSC Group

ANDREW MCKEAN  |  TUESDAY, 5 JUL 2022
... previously reported by Financial Standard, Humphrey was recently appointed chief executive to lead the company's strong focus on top-line revenue growth, driven by organic and inorganic initiatives. Evidently, as part of the licensee's plan to continue ...

Top super funds for ESG revealed

RACHEL ALEMBAKIS  |  FRIDAY, 1 JUL 2022
... follow standard ESG practices, out of a combined pool of almost 120 eligible super funds. Rainmaker has also identified the top performing ESG super funds, by five-year MySuper returns. Aware Super comes in first with an 11.38% return, with Active Super ...

Advisers optimistic for the future: Natixis IM

CHLOE WALKER  |  WEDNESDAY, 29 JUN 2022
... Professionals by Natixis Investment Managers. However, while market projections look positive, rising interest rates are the top concern for Australian financial advisers (61% vs 49% globally) followed by inflation (51% vs 57% globally) and geopolitical ...

Super funds are ready for RIC: Data

CASSANDRA BALDINI  |  TUESDAY, 28 JUN 2022
... term annuities and the decumulation investment mandate)," it said. However, it is solutions for managing longevity risk that top the list for super funds needing expert support. "At 89%, demand is twice as high as any other gap in the solutions funds ...

Australia home to high proportion of women billionaires

CHLOE WALKER  |  MONDAY, 27 JUN 2022
... third in the world for the highest proportion of female billionaires, according to Forbes' 36th annual billionaire list. The top spot was jointly held by Barbados and Portugal with one billionaire each (in both cases, a female). Australia followed closely ...