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Superannuation
11 July 2025 by Maja Garaca Djurdjevic

Beyond Silicon Valley: How super funds thrived on diversification in 2025

Superannuation funds have posted another year of strong returns, but this time the gains weren’t powered solely by Silicon Valley. In contrast to ...
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Netwealth edges in on rival HUB24 with record FUA net flows

The wealth management platform remains a strong performer in the platform space, generating a record $15.8 billion in ...

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South Korean exposure pays off as ASX-listed ETF jumps 32%

The iShares MSCI South Korea ETF (IKO) gained 32.1 per cent in the first six months of the year, marking South Korea’s ...

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Instos anticipate crypto to feature in traditional portfolios by 2030

Three-quarters of institutional investors believe cryptocurrencies will form part of traditional portfolio allocations ...

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US tipped to be ‘the big loser’ of Trump’s expanding trade war: AMP

The rollout of further tariffs in the US from August is expected to decrease economic growth in the US in the ...

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Government cements RBA overhaul with new rules

The government has cemented its overhaul of the RBA’s governance with the release of an updated Statement on the Conduct ...

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Austock adds equity head

  •  
By Alice Uribe
  •  
2 minute read

Austock has hired a former UBS equity capital markets senior staffer to further its expansion goals.

Listed diversified investment and financial services group Austock Group has appointed former UBS senior staffer Robert Thompson to head its equity capital markets division.

Thompson will create and build the group's equity capital markets business with the aim of developing it into one of Australia's pre-eminent mid-tier teams.

"Robert has displayed a passion to apply his management and business building skills to an emerging group such as Austock and we expect the outcome to be mutually beneficial," Austock deputy chairman Chris Sadler said.

Prior to his appointment, Thompson was a senior staff member at UBS Capital Markets for Greater China. He has more than 12 years' experience in investment banking in Australia and Asia, having also worked at JP Morgan and Merrill Lynch.

 
 

"Robert's experience in investment banking puts him in great stead to come straight in and contribute toward Austock's goals in equity capital markets," Austock managing director Tim Boyle said.

In June, Austock reshuffled its board following the departure of group chairman Bruce Bessemer, who stepped down from his position after 10 years.