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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 ...

FNZ raises fresh capital for growth plans

RIDDHIMA TALWANI  |  THURSDAY, 13 NOV 2025
... their shares had been drastically eroded by institutional investors and private equity who dominate the FNZ Group board and now also control senior management. FNZ has US$2.1 trillion of assets on its platform.

Brighter Super expands senior team

ANGELIQUE MINAS  |  THURSDAY, 13 NOV 2025
... and partners. Brighter Super chief member officer Lisa Kay said: "After three years of mergers and acquisitions, our fund is now well placed to deliver on the promises we made to members and we will be out there with them, understanding their retirement ...

APRA to continue crackdown on super fund expenditure

ELIZA BAVIN  |  THURSDAY, 13 NOV 2025
... expenditure decisions." Beverley-Smith referred to APRA's scrutiny in fund expenditure that was launched last year and which APRA now published annually. "We wanted to challenge spending by funds where the benefits to members were not immediately apparent ...

Stay or leave: ASIC's private credit clampdown tests managers

RIDDHIMA TALWANI  |  THURSDAY, 13 NOV 2025
ASIC's crackdown on the private credit market has created a 'stay or leave' proposition for some fund managers, a Financial Standard event heard. Speaking at the recent Financial Standard Advisers in Focus event in Melbourne, HMC Private ...

Interprac sued over Shield, First Guardian failures

JAMIE WILLIAMSON  |  THURSDAY, 13 NOV 2025
... SQM Research and the 3.5 star rating it had given First Guardian and the 3.75 stars it gave Shield. The regulator has also now commenced proceedings against SQM for its involvement. The licensee also failed to respond appropriately to the use of lead ...

Global X to launch Japan TOPIX 100 ETF

MATTHEW WAI  |  WEDNESDAY, 12 NOV 2025
Global X is set to launch its first Japan ETF for local investors this month, but unlike other ETFs available right now, it will be the first to track the TOPIX - the Japanese equivalent of the ASX 200. Global X declined to comment on the launch but ...

Super performance test, DBFO reforms coming: Government

ELIZA BAVIN  |  WEDNESDAY, 12 NOV 2025
... have already implemented one round of reforms to expand the coverage of the test from around 80 products to more than 800 and now we're consulting on another tranche of reform," Chalmers said. "At our Economic Reform Roundtable in August, we heard ...