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Former ASIC chair, FASEA chief launch trustee

JAMIE WILLIAMSON  |  MONDAY, 17 NOV 2025
... who shaped and enforced these standards". It is led by managing director Nick Brookes, the founding chief executive of CCSL, now Diversa Trustees. CCSL was founded in 2006 and sold to Diversa Group in 2011. Brookes was also the founding chief executive ...

The Big Short's Michael Burry shutters fund

KARREN VERGARA  |  FRIDAY, 14 NOV 2025
... funds and return capital but for a small audit/tax holdback by year's end." "My estimation of value in securities is not now, and has not been for some time, in sync with the markets. With heartfelt thanks, but also with apologies, I wish you well ...

Macquarie terminates more options

KARREN VERGARA  |  FRIDAY, 14 NOV 2025
... in March 2026. As at October 24, Macquarie announced it would cull 251 investment options on its Wrap platform. There are now about 44 fewer options in the updated list. MIML has reinstated products offered by Acadian, Baillie Gifford, Betashares, Milford ...

ASIC not acting as a 'market maker': Constant

ELIZA BAVIN  |  FRIDAY, 14 NOV 2025
... private markets investment when it's held through APRA-regulated super, for example. And really great work is done within ASIC now to make sure that what is disclosed as well is accurate, and that's the work on financial reporting and audit that was ...

Money laundering to become greater issue for super: AUSTRAC

ELIZA BAVIN  |  FRIDAY, 14 NOV 2025
... risk for that value transfer." Miller said convenience and security are at opposite ends of the spectrum and super funds are now facing a challenge of where to place their member services and interaction on that spectrum. "The easier we make it for customers ...

Quant investing bounces back post Trump whipsaw

RIDDHIMA TALWANI  |  FRIDAY, 14 NOV 2025
... President Donald Trump's policies have had a negative impact on quant investors' strategies, but the investment style has now bounced back and is entering a positive growth phase. That's according to Simone Haslinger, chief executive of East ...

AustralianSuper's 'ambitious' advice goal

ELIZA BAVIN  |  FRIDAY, 14 NOV 2025
... live the life that they're choosing with dignity. "Retirement should almost operate like a continuous salary, but you can now enjoy it. Members will want income to be predictable, behave like a salary, stable, inflation, aware and automated, with ...

Lazard AM opens flagship global equity fund to local investors

MATTHEW WAI  |  FRIDAY, 14 NOV 2025
Originally launched for institutional investors in 2008, the Lazard Global Equity Advantage Fund is now available as an Australian unit trust. Lazard Asset Management said the strategy is designed to perform across market cycles by applying a "disciplined ...

Alexander Funds bolsters Sydney office with new hire

ELIZABETH FRY  |  THURSDAY, 13 NOV 2025
... engage with our expanding client base," Curnow said. Carr's appointment brings Sydney in line with Melbourne, with both offices now staffed by two sales specialists. Melbourne was strengthened in February with the appointment of Beatriz Marchueta as ...

JANA deepens bench with six principal promotions

ELIZABETH FRY  |  THURSDAY, 13 NOV 2025
... heads of sustainability, infrastructure and alternatives, and span JANA's advisory, research and investment teams - which now sees 100 professionals managing more than $1.7 trillion in funds under advice. Six have been named principal consultant ...