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New global head for Russell Investments

KARREN VERGARA  |  WEDNESDAY, 6 SEP 2017
... markets and achieve investment outcomes. Brennan joined Russell Investments in 1985, serving as managing director for the next 20 years. He left to become chief executive of Seattle-based Rainier Investment Management prior to joining Russell Investments ...

Industry fund welcomes new chief executive

KARREN VERGARA  |  WEDNESDAY, 6 SEP 2017
A $10 billion industry superannuation fund announced the appointment of a new chief executive to lead its next phase of growth. Sydney-based Local Government Super is welcoming David Smith to the top role. He succeeds Peter Lambert, who resigned in ...

Robotics, AI ETF set to launch

KARREN VERGARA  |  TUESDAY, 5 SEP 2017
... exchange-traded fund that invests in companies focused on developing robotics and automation technology is due to launch on the ASX next week. ETF Securities' Robotics and Automation ETF is perhaps the most exciting thematic fund to be launched in Australia ...

Citi expands Australian wealth business

KARREN VERGARA  |  TUESDAY, 5 SEP 2017
... management business by 2020, announcing plans to rapidly expand its client base and increase staff by more than 100 over the next three years. The firm is focusing on meeting the needs of Australia's rapidly growing affluent high-net-worth segment by ...

Infocus buys influential advice business

JAMIE WILLIAMSON  |  TUESDAY, 5 SEP 2017
... live their best life through convenient access to affordable financial advice." Rocks said the acquisition represents the next step in Announcer's own growth strategy, which has developed strongly since its founding in 1996. "I started Announcer as a ...

Hastings loses $2.1bn fund mandate

ALEX BURKE  |  FRIDAY, 1 SEP 2017
... in The Infrastructure Fund (TIF). Gardior chair Bob Lette said the transition away from Hastings will take place over the next 12 months. "We will continue to consult with our unitholders in implementing the next stages of our strategic review and announce ...

Future Fund expected to grow to $200bn

EMMA RAPAPORT  |  THURSDAY, 31 AUG 2017
The Future Fund expects to grow to more than $200 billion over the next decade, enough to cover all unfunded superannuation liabilities of the Commonwealth though the whole of this century. Results for 2016-17 released this morning show the $133 billion ...

Countplus searches for new CFO

KARREN VERGARA  |  THURSDAY, 31 AUG 2017
... operating model, purpose and view of how it aligns with its underlying member firms are in a period of transformation. Over the next three years the company will align, build and grow its core business by collaborating with accounting and advice firms ...

Hollywood star supports FCA complaints campaign

KARREN VERGARA  |  WEDNESDAY, 30 AUG 2017
... customers in making a decision. The campaign will appear on TV, online and on outdoor advertising across the UK over the next two years.

Rethink the great Australian dream: Report

EMMA RAPAPORT  |  WEDNESDAY, 30 AUG 2017
... committee chair Rodney Maddock said. "Barring any major economic jolts, demand pressures are likely to continue over the next 40 years." Providing a more holistic review of housing in Australia, Maddock urged policy makers and commentators to look beyond ...