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CEFC funds sustainable real estate credit projects

JAMIE WILLIAMSON  |  WEDNESDAY, 19 MAR 2025
... approach to sustainable debt finance in the Australian market." Given Australia's commercial real estate debt market is now around the $450 billion mark, it has a vital role to play in the climate transition, using its size and liquidity to influence ...

Rest kickstarts in-house global equities trading

JAMIE WILLIAMSON  |  WEDNESDAY, 19 MAR 2025
After about 18 months in the works, Rest's internal global equities team is now running its first mandate. The team has been handed $300 million to invest on behalf of the fund's members, with plans to progressively increase the mandate over ...

ASIC freezes assets Shield, First Guardian marketer

KARREN VERGARA  |  WEDNESDAY, 19 MAR 2025
... Bespoke Marketing and operated several cafes called Tickled Pink in Victoria and one in Bali. He was also the director of now-defunct entities of Lion & Horn, Nohap, and Indigo Group. An SMH investigation alleges that Alshakshir earned $35 million over ...

Active Super fined $10.5m for greenwashing

KARREN VERGARA  |  TUESDAY, 18 MAR 2025
... million respectively relate to PDS fact sheets published in 2021 and 2022. Active Super and Vision Super merged on March 1, now home to 165,000 members. ASIC deputy chair Sarah Court said: "This is a significant penalty that sends a strong message to ...

Australian Unity chief retires

ANDREW MCKEAN  |  TUESDAY, 18 MAR 2025
... retire at the end of this year, closing the book on a 21-year tenure at the financial services company. Australian Unity is now on the hunt for his successor, with an internal and external search underway. During Mead's tenure, Australian Unity's revenue ...

Future Group, family offices back US$100m AI-focused fund

MATTHEW WAI  |  TUESDAY, 18 MAR 2025
... said AI is evolving at "breakneck speed". "The talent and groundbreaking technology emerging from Australia and the US right now are extraordinary, and we're excited to help shape the future with visionary entrepreneurs leading the charge," Barter said. ...

TWC Invest makes risk, technology hires

MATTHEW WAI  |  MONDAY, 17 MAR 2025
... fixed income and cash markets at the State Electricity Commission of Victoria and was a director of equities at Equitilink (now Aberdeen Asset Management). In 2002, Thompson joined Cooper Investors as a founding director, leading risk, compliance and ...

Managed account use at record high: Data

MATTHEW WAI  |  MONDAY, 17 MAR 2025
... New research from State Street Global Advisors and Investment Trends shows about 59% of Australian financial advisers are now using managed accounts (MAs), as performance remains the top criteria for advisers. According to the SPDR ETFs / Investment ...

Ord Minnett poaches Perpetual advisers amid hiring spree

ANDREW MCKEAN  |  MONDAY, 17 MAR 2025
... training the next generation of advisers via its Associate Adviser Program and Graduate Program, which are "in high demand." Now in its second year, the Graduate Program received 500 applications, up from 250 the previous year - a rise Ords said highlights ...

Korean pension fund takes $50m stake in Metrics

ELIZA BAVIN  |  FRIDAY, 14 MAR 2025
... forward to continuing our partnership with Metrics to deliver on the multiple future growth opportunities that lie ahead, now alongside NPS and Townsend."