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| | | One of Australia's most experienced superannuation executives will take the helm of New Zealand's sovereign wealth fund, following Matt Whineray's departure late last year. Guardians of NZ Superannuation have appointed Jo Townsend as head ... |
| | | | Vanguard Australia has reduced the management fee for the Vanguard Australian Government Bond (VGB) Index ETF by four basis points from 0.20% to 0.16% per annum, effective today. This latest fee reduction follows two fee decreases introduced this time ... |
| | | | The Australian and New Zealand private equity sector took another tumble, sharply falling 63% in value during 2023 as high interest rates and market uncertainty continues to spook investors. This is the second year in a row that saw deal values decline ... |
| | | | BlackRock has high hopes, at least in the short term, that market sentiment is set to improve. In a market update, the asset manager said the potential for falling inflation, nearing interest rate cuts and solid corporate earnings will support "cheery ... |
| | | | Platypus Asset Management has appointed a new chief executive following the retirement of Gary Adamson. Jelena Stevanovic, who joined Platypus as a senior equities analyst in 2008 before being appointed portfolio manager for Platypus' flagship equities ... |
| | | | The Australian Council of Trade Unions (ACTU) will seek another 5% increase in the minimum and award wages as part of its submission to the Annual Wage Review. Each year, the Fair Work Commission hears from unions, employers, and governments before ... |
| | | | Funds SA recently welcomed a new head of technology, hiring from LGT Wealth Management. Simon Boyley has joined in the role, returning home from London where he spent seven years with LGT Wealth Management's IT team, most recently as head of technology. ... |
| | | | The federal government wants to shake up the wholesale investor tests further in launching a parliamentary inquiry into the entire framework, worrying many fund managers operating in the high-net-worth space. The Parliamentary Joint Committee on Corporations ... |
| | | | Allianz Retire+ has appointed Brendon Rodda to the role of chief distribution officer for wealth management. Rodda most recently oversaw the global wealth management distribution strategy at PIMCO as executive vice president. Allianz and PIMCO joined ... |
| | | | An Islamic financial services provider has launched an Islamic self-managed super fund (SMSF) solution for members of the Australian Muslim community who want to invest in property for their retirement in a way that is compatible with their faith. Meezan ... |
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