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InvestorDaily Westpac has appointed current business and wealth division chief executive Anthony Miller as group chief executive and managing director. Miller, who is set to commence in his new role in December, will succeed Peter King, who will retire after 30 years at the group, including a five-year stint at its helm. Prior to joining […]

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 […]

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 […]

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 […]

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 […]