Funds Management News

InvestorDaily Robert Johanson has been appointed chair of GSFM, effective 1 October 2024. Bringing over three decades of experience to the board, Johanson previously served as chairman at Bendigo and Adelaide Bank for 12 years and a director of Grant Samuel for more than 20 years. He has also been a member of the Takeovers […]

InvestorDaily The firm has now appointed Alex Zaika as CEO from 4 November 2024. Zaika is currently managing director at GAM Investments, where he has worked since 2018, and previously spent three years at BlackRock and five years at Barclays Capital. Global X said he has “strong expertise in distribution, product development, and client engagement […]

InvestorDaily TelstraSuper and Equip Super have signed a non-binding memorandum of understanding and have agreed to explore a “merger of equals” between the two funds. The merger would create a combined fund with some $60 billion in funds under management and more than 225,000 members. Pending the outcomes of due diligence, it is expected that […]

InvestorDaily The median growth fund (61 to 80 per cent in growth assets) rose 0.3 per cent in August, after it dipped 0.6 per cent in the first two weeks of the month on the back of significant market turbulence. The return for the option over the first two months of financial year 2024/25 is […]

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 […]

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 […]