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Charity LIC chief executive to depart
KANIKA SOOD  |  WEDNESDAY, 27 JAN 2021
... Hutchinson. Walsh said she has served three-months' notice and is looking for a new role. "For the next role, I'd love to work with an exciting, creative entrepreneur like a Geoff Wilson," Walsh told Financial Standard. "In any career you like to leave ...
ASI appoints new APAC chief
ELIZA BAVIN  |  WEDNESDAY, 27 JAN 2021
Aberdeen Standard Investments (ASI) has announced a new chief executive to lead the Asia Pacific region. Rene Buehlmann has been named chief executive of APAC, effective 1 March 2021. Buehlmann will succeed Hugh Young, who is taking on a new role as ...
IFM makes multi-billion-dollar energy bid
ELIZA BAVIN  |  WEDNESDAY, 27 JAN 2021
IFM Investors has made a EUR 5 billion offer for a 22% stake in Spanish energy company Naturgy Energy Group. The stake will form part of IFM's Global Infrastructure Fund. Naturgy is based in Spain and listed on the IBEX 35 exchange. Its diversified ...
NSW economic performance slips: CommSec
ANNABELLE DICKSON  |  WEDNESDAY, 27 JAN 2021
... using eight key indicators, including economic growth, retail spending, equipment investment, unemployment, construction work done, population growth, housing finance and dwelling commencements. Tasmania ranked first on relative population growth, equipment ...
ASIC faces cybersecurity attack
KARREN VERGARA  |  WEDNESDAY, 27 JAN 2021
Corporate watchdog ASIC was hit with a cybersecurity breach on January 15 that has potentially exposed personal information. ASIC announced on January 25 that the incident involved unauthorised access to a server that contained documents associated ...
Stonehorn Global Partners names investor head
ANNABELLE DICKSON  |  WEDNESDAY, 27 JAN 2021
The Schwartz family office-backed firm has appointed a head of investor relations (ex-Australia) and partner as it expands into Europe. Maria Llanes will be based in Switzerland and joins from distribution firm Tiffons Global Partners where she was ...
ERS a setback for young workers
KARREN VERGARA  |  MONDAY, 25 JAN 2021
Young workers who took advantage of the early release of superannuation have less than $1000 in their nest egg, a new study that details the impact of the scheme shows. The Australian Institute of Superannuation Trustees (AIST) found nearly one million ...
Family home dominates adviser conversations
KARREN VERGARA  |  MONDAY, 25 JAN 2021
Investment and retirement strategies around the family home were hot topics for financial advisers' clients in 2020. BT financial advisers' December 2020 quarter survey found clients continue to query advisers about their eligibility for the ...
ESG professionals in huge demand
ELIZABETH MCARTHUR  |  MONDAY, 25 JAN 2021
Recruiters are reporting that financial services professionals specialising in environmental, social and governance (ESG) areas are in very strong demand. "The demand for ESG professionals is increasing, clearly outstripping supply of experienced professionals," ...
Chi-X bolsters executive team
ELIZABETH MCARTHUR  |  MONDAY, 25 JAN 2021
Disruptor stock exchange, Chi-X Australia, has announced a senior appointment in a newly created role. John Williams was appointed to the new role of deputy chief operating officer. He joins from National Stock Exchange of Australia, where he was head ...
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