Navigating an evolving landscape of interconnected risks: the role of active stewardship in AXA IM’s fiduciary duty

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AXA Investment Managers (AXA IM) has released its 2024 Stewardship report, reaffirming its commitment to long-term value creation through active stewardship. The report outlines AXA IM’s ongoing efforts to drive... Read more continue reading

Perpetual Corporate Trust secures Market License to digitally enable the wholesale term deposit market

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Perpetual Corporate Trust, a leading provider of fiduciary and digital solutions, has been granted a Market License in Australia, allowing it to operate a digital marketplace in a range of... Read more continue reading

Fitzpatricks creates Head of Product role to sharpen focus on retirement & intergenerational wealth

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Private wealth firm, Fitzpatricks Group, has appointed former Colonial First State executive, Andrew Chapple, to the newly-created role of Head of Product, as the group sharpens its focus on enhancing... Read more continue reading

American Century appoints Tom Fellowes as new vice president – Australia sales

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American Century Investments has appointed Tom Fellowes to the role of vice president Australia sales, effective 3 April 2025. Based in Sydney, Mr Fellowes will report to head of Asia... Read more continue reading

TAL to acquire minority investment in Challenger

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A leading Australian life insurer, TAL, has announced it has agreed to acquire a total relevant interest of 15.1% in Challenger Limited (ASX:CGF), pending regulatory approvals. TAL recognises the evolving... Read more continue reading

Australian Wealth Managers bet on Private Assets and AI to supercharge growth

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Despite increasing interest, two fifths of Australian wealth managers (40%) say a lack of access to private assets is a threat to their business, according to new research from Natixis... Read more continue reading

HESTA strengthens investment and security teams with new GM appointments

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HESTA has announced the appointment of Michael Blayney to the role of General Manager of Dynamic Asset and Nick Catherall as General Manager of Information Security. The moves underscore the... Read more continue reading

Calastone launches Tokenised Distribution solution to unlock the future of fund distribution

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Calastone, the largest global funds network, today announces the launch of Calastone Tokenised Distribution – a pioneering solution that allows asset managers to tokenise any fund operating on Calastone’s network and distribute... Read more continue reading

PGIM Real Estate raises $2B for final close of Global Data Center Fund

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Morgan Laughlin PGIM Real Estate has completed the fundraise for its first Global Data Center Fund (GDCF) with $2 billion of capital allocated to the strategy. PGIM Real Estate secured... Read more continue reading

Apex Group wins $7bn Diversa Trustees Limited superannuation business

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Andrew Peterson Apex Group Australia has announced it has been awarded the $7 billion Diversa Trustees Limited Superannuation master trust business. Apex Group has been appointed as the administration partner... Read more continue reading