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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 […]

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 […]

InvestorDaily Lazard Asset Management (LAM) has announced the appointment of Ben Price as an investment specialist. Price joins LAM with two decades of experience in the asset management industry, including more than 16 years at Macquarie, where he was head of wholesale for its asset management arm. Most recently, he was head of Australia wealth […]

InvestorDaily Infrastructure has been touted as a potential winner in the year ahead as it benefits from a global move towards rate cuts; however, an investment executive has suggested infrastructure is already an established trend among super funds. According to the Australian Prudential Regulation Authority’s (APRA) latest quarterly statistics, there’s a growing trend among industry funds […]

InvestorDaily The healthcare sector has seen a number of tailwinds emerge in the last year that paint a favourable long-long term outlook, such as advancements in artificial intelligence (AI) and in GLP-1 agonists like Ozempic. Speaking on a recent episode of the Relative Return podcast, Pella Funds Management’s chief investment officer, Jordan Cvetanovski, outlined his […]

InvestorDaily As the AI revolution gathers steam, questions are being increasingly raised about where the electricity required to power data centres will be raised. According to Goldman Sachs, presently, data centres worldwide consume around 2 per cent of power, but this is projected to grow by 160 per cent by 2030. As such, global economies […]