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Legalsuper names chief investment officer

JAMIE WILLIAMSON  |  THURSDAY, 28 MAR 2024
Paul Murray took over as chief investment officer at legalsuper on March 11, succeeding Norman Zhang who departed in December 2023 for a role at Koda Capital. Murray was most recently interim head of alternatives at Future Fund, a role he took on after ...

Infrastructure a foundational portfolio asset class: IFM Investors

ANDREW MCKEAN  |  THURSDAY, 28 MAR 2024
... stable cashflows associated especially with core infrastructure," the report said. "Nevertheless, we believe the sector will work to increase its average infrastructure allocation of 3-4%, even if it has a long way to..." The report suggests that US ...

BlackRock's Fink signals a tough road ahead for future retirees

ANDREW MCKEAN  |  WEDNESDAY, 27 MAR 2024
... discuss what the average retirement age should be. Instead of pushing back retirement benefits, we should encourage people to work longer by treating 60-plus year-olds as late-career workers with much to offer, Fink said.

Best super fund products revealed

ANDREW MCKEAN  |  WEDNESDAY, 27 MAR 2024
The best superannuation fund products, based on factors such as investment performance, insurance, fees, and organisational strength, have been named. Rainmaker Information awarded its annual "symbol of excellence" AAA Quality Rating to 48 super funds ...

IFM Investors adds to global client solutions team

JAMIE WILLIAMSON  |  WEDNESDAY, 27 MAR 2024
... global client solutions John Gee-Grant and will drive the relationships with consulting firms across business lines. She will work alongside other recent appointments to the team, including head of business operations Neil Macdonald and Peter Swarbeck ...

Platypus AM appoints new chief executive

ELIZA BAVIN  |  TUESDAY, 26 MAR 2024
Platypus Asset Management has appointed a new chief executive following the retirement of Gary Adamson. Jelena Stevanovic, who joined Platypus as a senior equities analyst in 2008 before being appointed portfolio manager for Platypus' flagship equities ...

Calls for fresh 5% hike to minimum wage

ELIZA BAVIN  |  TUESDAY, 26 MAR 2024
... another 5% increase in the minimum and award wages as part of its submission to the Annual Wage Review. Each year, the Fair Work Commission hears from unions, employers, and governments before setting minimum and award wages for about 2.9 million, or ...

Why this fundie sees the economy making a hard landing

ANDREW MCKEAN  |  MONDAY, 25 MAR 2024
'Goldilocks' soft-landing view, deteriorating consumer health and a poor growth outlook this Australian reporting season hints at a hard landing. "After digesting the latest information from reporting season results and company meetings our analysis ...

Allianz Retire+ names wealth management distribution chief

KARREN VERGARA  |  MONDAY, 25 MAR 2024
Allianz Retire+ has appointed Brendon Rodda to the role of chief distribution officer for wealth management. Rodda most recently oversaw the global wealth management distribution strategy at PIMCO as executive vice president. Allianz and PIMCO joined ...

New SMSF solution for Islamic Australians launched

ELIZA BAVIN  |  MONDAY, 25 MAR 2024
An Islamic financial services provider has launched an Islamic self-managed super fund (SMSF) solution for members of the Australian Muslim community who want to invest in property for their retirement in a way that is compatible with their faith. Meezan ...
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