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American Century names APAC managing director

ELIZA BAVIN  |  THURSDAY, 27 AUG 2026
American Century has named a new managing director and head of Asia Pacific, joining from Dimensional Fund Advisors. Nigel Stewart has joined the US$350 billion global asset manager and will report to Avantis Investors chief investment officer Eduardo ...

AFCA moves to reinstate APT Strategy, opens doors for victims

KARREN VERGARA  |  THURSDAY, 27 AUG 2026
The Australian Fiduciaries-linked APT Strategy has been reinstated as a member of the Australian Financial Complaints Authority (AFCA), paving the way for victims to come forward. AFCA today announced APT Strategy, which is in liquidation, is once again ...

Bathla collapse rattles private credit

RIDDHIMA TALWANI  |  WEDNESDAY, 26 AUG 2026
... have funded six separate assets for Bathla. "Two of the Bathla loan facilities relate to construction, both projects are close to completion," Centuria Bass said. "Centuria Bass Credit confirms it is already paying subcontractors directly in relation ...

FSC raises the bar for PC managers with fresh standards

MATTHEW WAI  |  WEDNESDAY, 26 AUG 2026
The Financial Services Council (FSC) has released a new standard and guidance note for members on private markets, with a special focus allocated for private credit managers. Both the FSC Standard No. 30: Private Markets Best Practice Principles (mandatory) ...

Future Fund chief steps down

ELIZA BAVIN  |  WEDNESDAY, 26 AUG 2026
Future Fund chief executive Raphael Arndt is stepping down after close to two decades with the sovereign wealth fund, six of which he served in the top spot. Future Fund chair Greg Combet said Arndt informed the board of his intention to leave the organisation ...

AIA Australia rejigs retail team, appoints new lead

KARREN VERGARA  |  TUESDAY, 25 AUG 2026
AIA Australia's restructure of its retail business will see two senior leaders depart while a new chief retail insurance officer has been appointed to take charge of the next phase of growth. Chief retail insurance and advice officer Pina Sciarrone ...

Super-backed venture fund raises $1bn from global investors

RIDDHIMA TALWANI  |  TUESDAY, 25 AUG 2026
Australian venture capital firm Blackbird, with longstanding support from Aussie superannuation funds, has raised new capital worth $1.05 billion from global investors including Morgan Stanley Investment Management and Schroders. The fund already has ...

AWAG's profit takes hit from geopolitics in FY26

MATTHEW WAI  |  TUESDAY, 25 AUG 2026
The Australian Wealth Advisors Group (AWAG) has reported a net profit after tax (NPAT) of $689,166 in the financial year ending June 30, down by some $360,000 compared to FY25. Revenue was also down 1.9% to $11.2 million, as AWAG explained the results ...

Macquarie names local head of private capital markets

MATTHEW WAI  |  MONDAY, 24 AUG 2026
... 2024 and was the investment specialist for global infrastructure at QIC for five years. Earlier in her career, she spent close to a decade at Macquarie Group before joining Credit Suisse. Macquaire Capital global head of private capital markets Joanne ...

T. Rowe Price scales fixed income ETF offering via acquisition

RIDDHIMA TALWANI  |  MONDAY, 24 AUG 2026
... align our approach with T. Rowe Price's scale to better serve clients for years to come." The transaction is expected to close in early 2027. Upon closing, F/m will operate as "F/m Investments, a T. Rowe Price Company," retaining its brand, leadership ...
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