Press

17 January 2019

David Smith departs Local Government Super

Published by Money Management – 17th Jan 2019

Less than 18 months after his appointment, Local Government Super (LGS) chief executive, David Smith, has resigned, with deputy CEO Donna Heffernan stepping up as acting CEO.

16 January 2019

MGD expands team

Published by Money Management – 16th Jan 2019

Brisbane-based financial services firm, MGD, has welcomed the new year with the appointment of Graeme Del Favero to its wealth management team.

16 January 2019

China doubles QFII quota to US$300 billion

Published by Asia Asset Management – 16th Jan 2019

China has doubled the quota for a scheme that allows foreign institutional investors to invest in its capital market, the first increase in four years as Beijing moves to further loosen regulatory controls.

15 January 2019

IOOF’s acquisition of OnePath delayed

Published by Money Management – 15th Jan 2019

IOOF and ANZ have agreed on changes to the contractual arrangements around IOOF’s acquisition of ANZ’s pensions and investments business, OnePath.

15 January 2019

Smart beta ETFs gain traction

Published by Money Management – 15th Jan 2019

Investors are increasing their allocation to smart beta exchange traded fund (ETF) products as opposed to market capitalisation and active strategies, according to the VanEck ETF IQ Scorecard for December, 2018.

15 January 2019

Allan Gray’s fund added to Macquarie Wrap

Published by Money Management – 15th Jan 2019

The Allan Gray Australia Equity Fund (Class B) has now been added to Macquarie Wrap, with the Allan Gray Australia Equity Fund (Class A) already available on the platform.

14 January 2019

Lumen Poaches CEO of UBS Asset Management in Singapore

Published by Finews Asia – 14th Jan 2019

Singapore wealth manager Lumen Capital Investors has hired a host of top bankers from larger rivals, finews.asiacan reveal. The firm wants to further increase its reach.

14 January 2019

State Street Appoints new Head of Asia-Pacific

Published by Hubbis – 14th Jan 2019

Ian Martin has been named head of Asia-Pacific in addition to his current responsibilities as head of Global Services in the region.

14 January 2019

Sunsuper builds on retail team

Published by Money Management – 14th Jan 2019

Sunsuper has brought in the new year by hiring two new business development managers (BDMs), who both join from Colonial First State (CFS), bringing the fund’s retail advice team to 34 employees.

11 January 2019