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Vale Wayne McGauley

ELIZA BAVIN  |  TUESDAY, 16 APR 2024
The financial services industry has paid tribute to Wayne McGauley who passed away over the weekend. Most recently the head of distribution at Wheelhouse Partners, McGauley had a long and successful career in the financial services industry spanning ...

Vale Jason Milosevski

JAMIE WILLIAMSON  |  TUESDAY, 6 FEB 2024
... of the man that he was," his family wrote. "Today we have lost a devoted husband, a loving father to two beautiful boys, a son, a brother, and a friend. "Jason will forever be remembered in our hearts as a selfless man who always put the needs of his ...

Quinn family rescues beloved Sara Lee

CHLOE WALKER  |  TUESDAY, 30 JAN 2024
... administration last year, had been purchased for an undisclosed sum via the family office of Klark and Brooke Quinn. Klark Quinn is the son of Queensland-based entrepreneur and self-made millionaire Tony Quinn, founder of VIP Petfoods. FTI Consulting ...

VFMC selects new chair

JAMIE WILLIAMSON  |  WEDNESDAY, 6 DEC 2023
... within financial services, most notably as general counsel and managing director for Goldman Sachs Australia and JBWere & Son, where she spent two decades.

Sterling Income Trust executives charged

CHLOE WALKER  |  MONDAY, 6 NOV 2023
... Sterling Corporate Services to engage in dishonest conduct related to a financial product or service. Meanwhile, Jones' son Ryan has been charged with 10 counts of aiding and abetting Sterling Corporate Services in engaging in dishonest conduct concerning ...

Alternative assets are the way forward: Forum

CASSANDRA BALDINI  |  THURSDAY, 26 OCT 2023
While traditional equities and bonds still have a place in portfolios, an effective strategy for balancing portfolio volatility and generating yield involves incorporating alternative investments, says abrdn investment director Raf Choudhury. Choudhury ...

HESTA welcomes head of portfolio design

CHLOE WALKER  |  TUESDAY, 12 SEP 2023
Dianne Sandoval will become the super fund's head of portfolio design, starting her new role in October. Sandoval brings over 30 years of investment management experience to the role, having worked at financial institutions across the Middle East ...

Barwon snaps up $124m of healthcare assets

ANDREW MCKEAN  |  FRIDAY, 11 AUG 2023
Alternative fund manager Barwon Investment Partners has added three new acquisitions to its healthcare property portfolio, increasing the value of its institutional fund to $1.4 billion. The Barwon Institutional Healthcare Property Fund (BIHPF) acquired ...

HESTA moves 10% of portfolio in-house

CASSANDRA BALDINI  |  THURSDAY, 3 AUG 2023
HESTA has significantly grown its in-house capability, resulting in the fund now handling nearly $7 billion or 10% of its portfolio internally. The news comes 18 months after the $74 billion super fund launched its internalisation strategy. In December ...

QIC buys Packhorse's last pastoral property

CHLOE WALKER  |  TUESDAY, 1 AUG 2023
... The portfolio's assets were listed for sale late last year following the passing of Packhorse founder Tom Strachan and his son Noah in August 2022. QIC head of natural capital Tom Murphy said the acquisition of the 8300-hectare pastoral land allows QIC ...
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