HESTA appoints portfolio design head
Industry fund HESTA has appointed Dianne Sandoval as its head of portfolio design, responsible for the research and asset allocation processes to reach investment objectives.
New Quantum Holdings concludes Morrison Securities acquisition
Technology company New Quantum Holdings has recently concluded the last tranche of its $40.5 million acquisition of 80 per cent of equities clearing business Morrison Securities, from Sequoia Financial Group.
AustralianSuper invests $2.5b Vantage EMEA
Industry super fund AustralianSuper has invested $2.5 billion in Vantage Data Centers EMEA through a partnership with digital infrastructure firm DigitalBridge Group, making them key shareholders in the company.
Rest Super commits to ‘operate and scale’ renewable energy assets
Rest chief investment officer Andrew Lill is prioritising renewable energy assets as part of its alignment to Sustainable Development Goals. The fund has committed capital to Octopus Australia’s OASIS fund, adding to its existing wind farm and green energy equity exposure.
Hunters become hunted as super funds face greenwashing pressure
Australian super funds have been active in pressuring companies about their green credentials, but the shoe is now firmly on the other foot as funds themselves come under increasing scrutiny and pressure from regulators over claims made to market funds to current and prospective members. And they’re not likely to be treated leniently.
Funds SA appoints CEO
South Australian government-owned investment corporation Funds SA has appointed its chief operating officer John Piteo as CEO following an extensive search process.
SuperConcepts appoints GM of quality & tech services
SuperConcepts has appointed Craig Stone as general manager of quality and technical services.
Elixir launches practice management research
Elixir Consulting is launching a practice management research study to uncover practical techniques that can redefine efficiency and productivity norms within the industry, and ultimately improve the impact advice firms have on their clients and staff.
Former van Eyk CEO banned by ASIC
ASIC has permanently banned former van Eyk Research CEO Mark Thomas from any involvement in financial services or credit provision following his conviction for dishonest conduct.
hmh Advisory partners with OpenInvest
Accounting and financial services firm hmh Advisory (formerly Haines Muir Hill) has partnered with OpenInvest to launch hmh onlineinvest.
Count appoints CFO
Count has appointed Keith Leung as chief financial officer, replacing Laurent Toussaint, whose departure from the role was announced in July.
‘Enjoyed almost every minute’: ART CEO Bernard Reilly bows out
The inaugural chief executive of Australian Retirement Trust, Bernard Reilly, has urged industry peers to throw their hats in the ring to run the $260 billion fund, saying its “purpose-led” team has laid a foundation for enormous national and global impact. The former State Street executive has stepped down almost two years after the mega-merger of Sunsuper and QSuper, but is expected to stay in the financial services industry.
