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| | | HESTA's head of impact Mary Delahunty has established her own consultancy firm focused on authenticity in ESG. Seven Advisory is Delahunty's new venture, leaving behind her role at the $66 billion industry fund after almost four years. In a ... |
| | | | Barclays has appointed two new managing directors of investment banking in Australia. Duncan Beattie and Duncan Connellan have been named in the roles. Beattie will lead the overall delivery of international capital markets financing for clients in ... |
| | | | The wealth of Australia's 47 billionaires has doubled to $255 billion in the last two years, according to anti-poverty charity Oxfam. A briefing published today by Oxfam, Inequality Kills, has warned of the deadly nature of the world's growing ... |
| | | | Australia, together with other rich countries, can expect economic activity to slow down in 2022 as coronavirus outbreaks continue to put a spanner in the works. Fund manager PIMCO has downgraded its developed markets outlook for countries that also ... |
| | | | The former chief executive of OneVue's platform and fund services operations has taken on a new role with a US firm looking to enter Australia. Richard Harris-Smith has been appointed as vice president, wealth management and capital markets for ... |
| | | | Efforts to become more sustainable will challenge many firms and perhaps even bankrupt some, experts from MFS Investment Management have noted. In a new research note, MFS global investment strategist Robert Almeida and research analyst Robert Wilson ... |
| | | | Nick Hamilton will take over as managing director and chief executive of Challenger on January 1. Following the announcement of Richard Howes' intention to retire earlier this year, Challenger has appointed Hamilton as his successor. Hamilton currently ... |
| | | | The corporate regulator is adding an executive director of operations, chief financial officer and chief people officer. Announcing the appointments today, ASIC said they are intended to strengthen its capability and effectiveness. Joining in January ... |
| | | | Cash, and local equities and property continue to be the preferred asset classes of the rich, according to a new report. High-net-worth individuals' love affair with domestic shares jumped from 56.4% three years ago to 73.4% in 2021, Crestone Wealth ... |
| | | | Australians give away the vast majority of their wealth, as some $1.5 trillion has been passed on to the next generation since 2002, the Productivity Commission finds. In 2018 alone, nearly 90% of the $100 billion transferred was in the form of inheritances ... |
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