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First State Super enters global equities partnership
JAMIE WILLIAMSON  |  WEDNESDAY, 9 OCT 2019
The $100 billion superannuation fund has awarded a $500 million multi-factor mandate to a global manager that will also provide the fund with research and development support. HSBC Global Asset Management has been awarded the mandate and will also provide ...
MLC Life appoints group insurance executive
JAMIE WILLIAMSON  |  TUESDAY, 8 OCT 2019
MLC Life Insurance has appointed an executive lead to its group insurance business, recruiting from NSW Treasury. Andrea Forbes has joined MLC Life as executive lead - relationship management, group insurance. She joins from NSW Treasury where she was ...
Corporate, industry fund merge
JAMIE WILLIAMSON  |  FRIDAY, 4 OCT 2019
A 47-year-old corporate superannuation fund has merged with a $16 billion industry fund. The Dow Australia Superannuation Fund (DowASF), home to just under 400 members, has merged with Equipsuper. Established in 1972, DowASF is the corporate plan of ...
DWS sales director departs
JAMIE WILLIAMSON  |  FRIDAY, 4 OCT 2019
The global manager has confirmed its director of sales, asset management will leave the business. Alex Francois, director of sales, asset management for Australia and New Zealand at DWS will leave the role after almost two years, a spokesperson has ...
Advice associations slammed
JAMIE WILLIAMSON  |  THURSDAY, 3 OCT 2019
An industry group has lashed out at the Association of Financial Advisers and the Financial Planning Association of Australia, labelling them conflicted and driven by self-interest. The United Financial Advisers Association (formerly known as the Life ...
MLC Wealth finalises leadership, rebrands NAB Asset Management
JAMIE WILLIAMSON  |  TUESDAY, 1 OCT 2019
MLC Wealth has appointed three to its asset management leadership team. At the same time, NAB Asset Management has been formally rebranded. From today, NAB Asset Management will be known as MLC Asset Management. "Based on a fundamental belief in diversification ...
Milestone ETF Rule passed
JAMIE WILLIAMSON  |  FRIDAY, 27 SEP 2019
Global regulators are taking notice of the maturation of exchange-traded funds, with the US Securities and Exchange Commission adopting a new rule to modernise their regulation. Twenty seven years on from the launch of the first ETF, the SEC has voted ...
Qantas Super adds to board
JAMIE WILLIAMSON  |  THURSDAY, 26 SEP 2019
Qantas Super has welcomed a new director to its super trustee board, following the official commencement of its new chair. Ryan Greaves has joined the board, representing members of Group C, which incorporates aircraft trade persons other than provided ...
AustralianSuper appoints new chair
JAMIE WILLIAMSON  |  THURSDAY, 26 SEP 2019
The $170 billion superannuation fund has appointed its new chair, succeeding Heather Ridout. The board of AustralianSuper has appointed Don Russell as independent chair of the fund. He will replace Heather Ridout who has held the role since 2013 and ...
Rainmaker Group expands into ESG media, acquires The Sustainability Report
JAMIE WILLIAMSON  |  WEDNESDAY, 25 SEP 2019
Financial services information publishing company Rainmaker Group, publisher of Financial Standard , announced the acquisition of sustainable investment specialist publications The Sustainability Report and Audacious Investing . Following the purchase ...
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