News
Bloomberg unveils new ANZ business head
InvestorDaily Bloomberg has announced the appointment of Ben Pool to the role of head of Australia and New Zealand. According to the company, Pool will join the Sydney office from Hong Kong, where he led the firm’s buy-side enterprise relationship management and sales team. First joining Bloomberg in 2007 in its London office, Pool has […]
Former Future Fund CIO on sources of TPA outperformance
Investment Magazine One of the most experienced practitioners of the total portfolio approach (TPA), Sue Brake, says its edge over the strategic asset allocation (SAA) comes from being long-term, being nimble and being innovative in portfolio construction. As the former chief investment officer of Future Fund and now an independent investment consultant, as well as sitting […]
Reilly to take Perpetual’s ‘legacy into the next phase’
InvestorDaily Bernard Reilly, former chief executive of $300 billion Australian Retirement Trust (ART), has been appointed chief executive of Perpetual, effective 2 September. He takes the reins from Rob Adams, who announced in May he would retire from his role as group chief executive and managing director, having held the role since September 2018. Adams […]
Expert weighs in on Google parent’s historic US$23bn buyout offer
InvestorDaily Google’s parent company Alphabet is in talks to acquire cloud security start-up Wiz. If finalised, the proposed US$23 billion buyout would not only be the largest in Alphabet’s history but also the second-largest in the cyber security sector, trailing only Cisco’s US$28 billion purchase of Splunk in 2022. The offer made by Alphabet is […]
BlackRock welcomes Asia-Pacific COO
InvestorDaily Ueda Tomoko has been appointed chief operating officer for Asia-Pacific at BlackRock, effective 3 September. In the role, she will report to Susan Chan, head of Asia-Pacific at BlackRock, and will relocate to Hong Kong from Tokyo. Chan noted Ueda’s “exceptional leadership” in driving BlackRock’s growth initiatives throughout the region “to align with the […]
Global X Australia names portfolio management lead
InvestorDaily Global X ETFs has appointed Chris Wolak as head of portfolio management, set to succeed Cliff Man, who will depart from the business after more than a decade with Global X and its predecessor business, ETF Securities. Wolak, who will assume his new capacity in October, will oversee the company’s ETF product line-up across […]