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UniSuper appoints new head of advice

JAMIE WILLIAMSON  |  FRIDAY, 21 OCT 2022
UniSuper welcomed Andrew Gregory as its new head of financial advice and education, joining from a private wealth firm. Gregory commenced in the new role earlier this month, leaving behind the position of chief executive of Melbourne-based Arrow Private ...

Former AUSIEX chief to join Investment Trends

CHLOE WALKER  |  FRIDAY, 21 OCT 2022
Eric Blewitt will take over as chief executive of Investment Trends later this month, as Sarah Brennan becomes chair of the research house's newly established advisory board. Blewitt has over 25 years of experience leading wealth management and ...

Members stick with dud super funds

ANDREW MCKEAN  |  FRIDAY, 21 OCT 2022
... a super fund that's failed APRA's performance test. While members can leave underperforming funds, most Australians don't know the effects of the YFYS reforms and are generally detached from their super. "This policy (stapling) was designed to get members ...

Charter Hall hires REIT vet

CHLOE WALKER  |  FRIDAY, 21 OCT 2022
Mark Ferguson has been appointed as head of the Charter Hall Maxim Property Securities business (Maxim), bringing 30 years of listed property securities experience to the role. Ferguson joins the property investment company from Macquarie as its head ...

ClearView expands distribution team

CHLOE WALKER  |  THURSDAY, 20 OCT 2022
ClearView Wealth made three new hires and promoted two, to offer further support to financial advisers. Alex Koodrin has joined ClearView from BT Financial Group as its new national technical manager. Previously, he was business manager at Colonial ...

Northern Trust names global macro fixed income head

CHLOE WALKER  |  WEDNESDAY, 19 OCT 2022
The appointment of veteran Fed economist Antulio Bomfim will enable Northern Trust Asset Management (NTAM)'s global fixed income team to expand its capabilities worldwide. Bomfim brings over 30 years of experience to the newly created role, including ...

AMP debuts hybrid retirement solution

ANDREW MCKEAN  |  TUESDAY, 18 OCT 2022
... annuities, there hasn't been any revolutions in any of that," he said. "Attempts to date have been one-size-fits-all, but we know there are many levers you can use in retirement and it really benefits to have an adviser in the centre of the conversation. ...

UniSuper chair to step down

JAMIE WILLIAMSON  |  TUESDAY, 18 OCT 2022
Ian Martin will retire as chair of UniSuper at the end of the year, with an existing board director to replace him. Martin has been on the UniSuper board for close to a decade, the last five years of which were spent as chair. During that time the fund ...

James Mawhinney sues ASIC, deputy chair

JAMIE WILLIAMSON  |  TUESDAY, 18 OCT 2022
The Mayfair 101 managing director is claiming he was defamed by the regulator and deputy chair Sarah Court in a recent press release. Mawhinney has filed defamation proceedings against ASIC and Court in the Federal Court over information included in ...

Fed seeks feedback on rules to resolve large bank failures

ANDREW MCKEAN  |  MONDAY, 17 OCT 2022
... Brainard raised concerns about the increased banking concentration in the $250-$700 billion asset size category. "Since we know from experience that even non-complex banks in that range can pose risks to the broader financial system when they experience ...

Editor's Choice

Global X awards mandate for ETF business

ELIZA BAVIN
Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA
Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI
The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA
MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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