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KPMG finds new chief executive inhouse

RIDDHIMA TALWANI  |  TUESDAY, 21 JUL 2026
The embattled consulting firm has named a new chief executive, choosing to promote from within after former chief executive Andrew Yates stepped down in June in the wake of the whistleblower scandal. KPMG named chief financial officer John Sams as its ...

Corporate hybrid issuance surges: Report

VINNY VUCAGO  |  TUESDAY, 21 JUL 2026
... saying the asset class is benefiting from regulatory reforms, growing investor demand and changing rating treatment. In a new research paper, The Return of Corporate Hybrids and What it Means for AUD Credit, the Queensland-based investment manager said ...

HSBC appoints structured finance chief

VINNY VUCAGO  |  TUESDAY, 21 JUL 2026
HSBC Australia and New Zealand have appointed a former Deutsche Bank executive as head of structured finance. Preethi Visweswara will take on the role tasked with bolstering its corporate and institutional banking business following a record year of ...

Equities lead as Australian managed funds attract $13bn in H1

VINNY VUCAGO  |  TUESDAY, 21 JUL 2026
... maintaining strong exposure to markets despite heightened geopolitical tensions and domestic economic uncertainty, according to new data from Calastone. The global funds network said investors added capital in every month except March, when the Reserve ...

HUB24 FUA soars over $164bn

MATTHEW WAI  |  TUESDAY, 21 JUL 2026
... investor directed portfolio services (IDPS)," HUB24 explained. During the quarter, the platform also increased agreements with 36 new licensees, bringing the total number of advisers on platform to 5649, growing 11% from the same period last year. HUB24 ...

legalsuper appoints HESTA executive as CEO, names new CIO

VINNY VUCAGO  |  MONDAY, 20 JUL 2026
legalsuper has appointed a new chief executive and new chief investment officer, hiring from HESTA and Qantas Super. HESTA chief operating officer Stephan Reilly will take on the role of chief executive officer and former Qantas Super deputy chief investment ...

Infinity AM wins SMID fund mandate

KARREN VERGARA  |  MONDAY, 20 JUL 2026
... Asset Management appointed Infinity to manage the Ironbark Renaissance Australian Small Companies Fund on July 1. Under the new manager, the fund was renamed to the Ironbark Infinity SMID Australian Equity Fund while the investment strategy has been ...

New alternative investment firm lands in Sydney

MATTHEW WAI  |  MONDAY, 20 JUL 2026
A pair of Remara directors, along with an iPartners private credit specialist, have joined forces to launch a new alternative investment firm, targeting an underserved segment across the private credit market. Timothy Wilson, Blake Velkovski and Haim ...

New 'high-risk' derivatives on the rise

MATTHEW WAI  |  MONDAY, 20 JUL 2026
... will remain in place until 23 May 2027, and ASIC intends to remake the order by incorporating any updates required to capture new and emerging high-risk products. Earlier this month, OKX Australia launched the USDT-settled Equity Perpetual Contracts ...

Count rebrands Oracle to Count Wealth

RIDDHIMA TALWANI  |  MONDAY, 20 JUL 2026
Count Financial has rebranded Oracle Group as a new retail brand Count Wealth, after announcing the acquisition earlier in the year. The financial advisory firm also expects further cost synergies over the estimate provided earlier. Oracle Group is ...
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