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Showing 331 - 340 of 14031 results for "Down"

End of an era: Longtime Platinum exec exits

ELIZABETH FRY  |  THURSDAY, 9 OCT 2025
... appointed head of investment, overseeing the investment team's processes and personnel. In 2018, Kerr Neilson stepped down as chief executive and was replaced by Andrew Clifford, who was investment chief until last February.

Mercer hires chief for Kiwi business

ELIZABETH FRY  |  THURSDAY, 9 OCT 2025
... benefits, workforce solutions, and investment services for clients and members. Scott replaces Martin Lewington, who stepped down after 16 years at the helm. The appointment brings a heavyweight to the role. Scott most recently served as a director of ...

Controversial US policy to benefit Australia

ELIZA BAVIN  |  WEDNESDAY, 8 OCT 2025
When US President Donald Trump announced his plan to impose tariffs on all nations in April this year, investors were concerned about the effect they would have on Australia, but new research from EY suggests the nation is still set to benefit. The ...

HESTA hits $100bn in assets

RIDDHIMA TALWANI  |  WEDNESDAY, 8 OCT 2025
HESTA has surpassed $100 billion in funds under management, which it hopes will help to bring down costs and deliver sustainable returns. HESTA's chief executive Debby Blakey said the increased scale helps the fund to access a larger and more diverse ...

Clime gains ground on culture, business model reset

KARREN VERGARA  |  FRIDAY, 3 OCT 2025
... Initially hired as a consultant in December 2023, Baragwanath was named acting managing director after Annick Donat stepped down from her role as chief executive in July 2024. Baragwanath began with the sale of Madison Financial Group to Infocus. "That ...

Platinum LIC turns down WAM bid

KARREN VERGARA  |  FRIDAY, 3 OCT 2025
Platinum Capital (PMC) shareholders have rejected Wilson Asset Management's (WAM) bid to be the investment manager of the listed investment company (LIC) in the hope of replacing Platinum Asset Management. WAM flagged its intentions of becoming the ...

Liquidity, operational shocks major issues for super: RBA

ELIZA BAVIN  |  FRIDAY, 3 OCT 2025
... banks and NBFIs, such as superannuation funds - although there is considerable scope for most borrowers and lenders to draw down on buffers in the event of a liquidity shock. Any depreciation of the exchange rate would also play a shock-absorbing rol ...

GROW recruits HESTA exec to lead product push

ELIZABETH FRY  |  THURSDAY, 2 OCT 2025
... product aimed at disrupting the industry. While it achieved limited success-merging into OneSuper in 2020 before shutting down entirely in 2022-the team behind GROW recognised a crucial gap in the super administration space during that process. The company ...

RBA delivers 'hawkish hold'

ELIZA BAVIN  |  WEDNESDAY, 1 OCT 2025
... added that it was unclear whether the hawkish tone was a justification for keeping rates on hold, or a sign of further holds down the line. "Either way, critical to the outlook will be the September quarter CPI report in late October. If this report ...

Macquarie Wrap removes dozens of funds

JAMIE WILLIAMSON  |  WEDNESDAY, 1 OCT 2025
... dozens of managers from its superannuation investment menu on the Wrap platform. For some, Macquarie said the decision comes down to a lack of investor interest in the offerings. For others, it said it was the decision of Macquarie Investment Management ...