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Brandes launches first fund, taps Equity Trustees

KARREN VERGARA  |  FRIDAY, 1 AUG 2025
... also invests in fixed income. The fund manager has been investing for Australian institutional clients for 25 years and is now setting its sights on sophisticated investors. In April, the San Diego-headquartered fund manager flagged it was taking on ...

Overcoming the three-body problem in advice

JAMIE WILLIAMSON  |  FRIDAY, 1 AUG 2025
... fears around a 1970 repeat." It would take an estimated 23 years to recover an equivalent 347% real return, Khan said. Right now, the level of volatility in the current environment is similar to market events of the past, Khan said, making it ripe for ...

Employee shareholders officially file lawsuit against FNZ

KARREN VERGARA  |  THURSDAY, 31 JUL 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. CDPQ, former US Vice President Al Gore's Generation Investment Management and Temasek ...

First Sentier establishes new home for affiliates

JAMIE WILLIAMSON  |  THURSDAY, 31 JUL 2025
... FSSA Investment Manager, Igneo Infrastructure Partners, RQI Investors, and Stewart Investors. First Sentier Investors is also now an affiliate brand of the broader group and will maintain the existing name and branding. Headquartered in Sydney, First ...

CareSuper, MIESF schedule merger for October

JAMIE WILLIAMSON  |  THURSDAY, 31 JUL 2025
... proud, member-first heritage and this successor fund transfer aims to provide long-term, sustainable outcomes for all members now and into the future," CareSuper chair Linda Scott and MIESF chair Chris White said. "Retirement confidence starts with confidence ...

ASIC calls out trustees 'passing the buck' on super switching

KARREN VERGARA  |  THURSDAY, 31 JUL 2025
... factor in victims of Australian Fiduciaries, ISG, and United Global Capital (UGC), which have collapsed in recent years. ASIC now wants super trustees to undertake a review of their processes to ensure new members aren't being exploited by super-switching ...

Rest boosts impact, sustainability investments

MATTHEW WAI  |  THURSDAY, 31 JUL 2025
Rest has handed $232 million to specialist climate investment firm Wollemi Capital, which will now launch its first managed vehicle. The invested capital comes from the superannuation fund's Growth Alternative strategy. Rest said the investment ...

Adviser banned for PRP supervision failures

MATTHEW WAI  |  THURSDAY, 31 JUL 2025
A financial adviser that did not properly supervise a provisional relevant provider (PRP) is now banned from the industry for five years. Ian Wailes Potter of Superannuation Advice Australia has been banned from providing any financial services, controlling ...

Bennelong boutique shuts up shop

JAMIE WILLIAMSON  |  WEDNESDAY, 30 JUL 2025
... behalf of direct, advised and institutional clients. However, the closure of the Bennelong Funds Management affiliate has now been confirmed. "Following discussions between the Bennelong Funds Management board and Touchstone Asset Management's team ...

Sydney Alternative Investment Week to return in September

STAFF WRITER  |  WEDNESDAY, 30 JUL 2025
... bringing eight high-impact, educational events featuring leading fund managers, global allocators and industry innovators. Now in its third year, the Sydney Alternative Investment Week combines several well-known industry events, like the AIMA Australia ...