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Federated Hermes appoints global fixed income CIO

RIDDHIMA TALWANI  |  TUESDAY, 13 JAN 2026
Federated Hermes has promoted R.J. Gallo from deputy chief investment officer to chief investment officer for its global fixed income portfolio, who will succeed Robert Ostrowski when he retires in May of this year. Gallo has also served as the co-head ...

Pallas Capital launches in the UK

MATTHEW WAI  |  TUESDAY, 13 JAN 2026
... which manages a loan book of £1.8 billion ($3.6bn) and has completed more than 1100 loans and other investment types worth close to £2.75 billion ($5.5bn) since 2016," the announcement read. "Our offering has been carefully crafted to support borrowers ...

ASIC seeks feedback on updating financial reports relief guidance

MATTHEW WAI  |  TUESDAY, 13 JAN 2026
ASIC has commenced a consultation on updating the Regulatory Guide 43 Financial reports and audit relief (RG 43), to ensure clarity in granting relief from the financial record-keeping, financial reporting, and audit requirements. The update aims to ...

Chalmers globetrots to sell minerals for foreign investment

ELIZA BAVIN  |  TUESDAY, 13 JAN 2026
Treasurer Jim Chalmers has travelled to the United States for a series of meetings with his international counterparts as he seeks to sell more of Australia's critical minerals in exchange for more foreign investment hitting Australian shores. "This ...

KKR chief operating officer steps down

ANGELIQUE MINAS  |  MONDAY, 12 JAN 2026
... of the Asia Pacific business in August 2014 before landing the role of deputy chief operating officer. Locally, KKR was close to acquiring Perpetual's wealth management and corporate trust businesses until a massive tax bill shattered the deal. Following ...

AustralianSuper backs BlueScope rejecting $13bn bid

ELIZA BAVIN  |  FRIDAY, 9 JAN 2026
... billion takeover bid for the Australian steel producer. BlueScope rejected the $30 per share offer, claiming it was not even close to reflecting the company's value. "Let me be clear - this proposal was an attempt to take BlueScope from its shareholders ...

Russell Investments secures $1.8bn funding from Apollo

RIDDHIMA TALWANI  |  THURSDAY, 8 JAN 2026
... continued financial discipline. "Today's announcement underscores Apollo's ability to deliver flexible capital at scale through close collaboration across our Hybrid and Credit platforms," Apollo partner and deputy co-head of hybrid Chris Lahoud said. ...

Lazard sets up new chief investment role

RIDDHIMA TALWANI  |  WEDNESDAY, 7 JAN 2026
Lazard Asset Management has created a new role of a chief investment officer and appointed Eric Van Nostrand. The US$265 billion asset manager said the newly established role will strengthen the cohesion, discipline and effectiveness of its global investment ...

Temasek joins consortium to acquire Clearwater Analytics

KARREN VERGARA  |  TUESDAY, 6 JAN 2026
... the NYSE-listed software company to be paid in cash. The offer price represents a 47% premium on the share price at the close of 10 November 2025. Permira partner Andrew Young said Clearwater Analytics built a single instance, multi-tenant platform for ...

FEATURE | Recruitment: Laying foundations

RIDDHIMA TALWANI  |  MONDAY, 5 JAN 2026
... roles such as bringing investment management or operations in-house. Research by Rainmaker Information in 2023 predicted close to half of all APRA-regulated super funds under management, around 43%, will be managed by internal investment teams by 2043. ...