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| | | In a win for its local alternatives services business, State Street has been appointed as fund administrator for the Mercury Capital Fund twenty2. The fund, which recently raised $1 billion, is Mercury Capital's fourth private equity fund since inception. ... |
| | | | Suncorp is set to pay $33 million to settle a class action brought by superannuation members in 2019 over conflicted remuneration paid to financial advisers. The class action was brought by William Roberts Lawyers in June 2019 on behalf of Suncorp Super ... |
| | | | Iress has named Marcus Price as its new managing director and chief executive following the retirement of Andrew Walsh. Price will assume the position currently held by Walsh on October 3, bringing over 25 years of experience leading financial services ... |
| | | | Gary Leung will join J.P. Morgan Asset Management as its new head of retail alternatives, APAC. In his new role, Hong Kong-based Leung will lead the firm's efforts to distribute alternatives solutions to APAC clients, with a focus on high-net-worth ... |
| | | | Wayne Byres has resigned as chair of APRA after eight years in the seat and almost 25 years with the regulator. In a statement, Byres said it has been an honour and a privilege to serve as the APRA chair and that he is pleased with what has been achieved ... |
| | | | Future Fund has named Tammi Fisher as its head of alternatives and James Waldron as its head of credit. Fisher initially joined the sovereign wealth fund in February 2021 as director of private equity. She has had an extensive career in the investment ... |
| | | | SCA Property Group chief financial officer and executive director Mark Fleming is shifting into the position of chief operating officer and head of funds management and strategy. Fleming, who has been with the company since 2015, will remain an executive ... |
| | | | Inalytics has developed a skills-based data model that allows pension funds and other institutional asset owners to effectively and efficiently screen and monitor asset managers. The model, 'DECSIS', analyses the four core investment decisions and processes ... |
| | | | Infrastructure Capital Group (ICG) has been acquired by Foresight Group, creating a $20 billion infrastructure and renewables specialist investor. ICG has been investing in energy, renewables, transport, and other infrastructure projects for the last ... |
| | | | Bonuses paid to ASX 100 chief executives hit record highs in FY21, jumping from 31% to 76.7%, a new report from the Australian Council of Superannuation Investors said. In the first year of the pandemic, Australian boards responded to market turmoil ... |
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