FSC conference diners leave big charitable tip

Proving that the financial services industry indeed has a heart, delegates kicked in more than $240,000 for charity at last Thursday’s Financial Services Council (FSC) Industry Excellence Awards Dinner.

The FSC’s two community partners, the Inspire Foundation and the Schizophrenia Research Institute, will benefit from the money raised via individual and corporate pledges, and a raffle.

At the same dinner, the Industry Excellence Awards recognised the value added to the financial services industry.

According to Brogden, these “outstanding individuals are acknowledged for exceptional achievement on projects that greatly assist the industry and its underlying investors, for contributions to debate and for the formulation of industry positions and principles in a substantive and significant manner”.

The winners of the 2010 Industry Excellence Awards were:

Nigel McCammon, Colonial First State, general manager, client services

Megan Beer, head of finance, insurance, MLC Limited

Jeremy Duffield, Vanguard Investments Australia Limited, chairman & managing director Asia-Pacific

 

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Suspensions and redemption queues ‘speed bumps’ on private credit road: Blue Owl

Asset owners are right to be concerned about private credit fund suspensions and redemption queues, Blue Owl head of alternative credit Ivan Zinn told the Investment Magazine Fiduciary Investors Symposium, but he thinks that two years from now they’ll be looked back on as nothing more than a “speed bump” on a highway of growth and strong returns.

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