Industry Updates

Zenith appoints CEO steps aside

Zenith Investment Partners chief executive David Wright will step down from his role at the end of year and transition to the role of investment director.

ASIC announces several leadership changes

ASIC has made several executive appointments to its leadership team across markets supervision and small business enforcement.

ART aims to double sustainable investments team

Industry super fund Australian Retirement Trust is aiming to double the size of its sustainable investments team, with eight new roles planned.

Former ASFA head picks up MD role at Accenture

Former Association of Superannuation Funds of Australia CEO Martin Fahy has joined technology and consultancy group Accenture as managing director for strategy and consulting.

TelstraSuper revamps MySuper lifecycle

TelstraSuper will raise the ages for member exposure to growth assets for its MySuper lifecycle products. 

Mirae injects funds into Stockspot

Robo-adviser Stockspot has received a major strategic investment from asset manager Mirae Asset Global Investments. 

ASIC proposes to extend DDO instrument

ASIC is inviting industry feedback on a proposal to extend the operation of the ASIC Corporations (Design and Distribution Obligations Interim Measures) 2021/784 instrument for a further five years. 

IFS partners with BCG to improve education & advice

Industry Fund Services has partnered with global consulting firm Boston Consulting Group to help improve how profit-to-member super funds find new ways to improve the delivery of financial education and advice.

Franklin Templeton launches its first alternatives fund

Investment manager Franklin Templeton has launched the Franklin K2 Athena Fund, its first alternatives fund.

MFS appoints head of operations in Australia & New Zealand

MFS Investment Management has elevated Josh Barton to the role of managing director and head of operations in Australia and New Zealand, replacing Marian Poirier, who will retire next year. 

North partners with researcher Sandstone Insights

AMP’s investment platform North, which has recently surpassed $11 billion in assets under management (AUM), has partnered with research house Sandstone Insights to provide advisers with the latest equity research and analysis.

FSI appoints institutional distribution head

Investment manager First Sentier Investors has appointed Kevin Kandasamy as head of institutional distribution in Australia and New Zealand.

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