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Regulation
05 November 2025 by Adrian Suljanovic

Corporate watchdog uncovers inconsistent practices in private credit funds

ASIC has unveiled the results of its private credit fund surveillance, revealing funds are demonstrating inconsistent valuation processes but are ...
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ASIC launches roadmap to strengthen capital markets and boost economic growth

Australia and ASIC want to be backers, not blockers, of investment and capital, according to the corporate watchdog, ...

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Firms team up to expand alternative capital access

Revolution Asset Management has formed a strategic partnership with non-bank lender ColCap Financial to expand ...

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BlackRock to launch Bitcoin ETF in Australia

BlackRock Australia plans to launch a Bitcoin ETF later this month, wrapping the firm’s US-listed version which is US$85 ...

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RBA holds as inflationary pressures 'may remain'

The September quarter's inflation figures have put a stop to November's long-expected rate cut. The Reserve Bank of ...

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Climate alliance drops 2050 target, State Street limits membership

Global climate alliance Net Zero Asset Managers will relaunch in January with refreshed commitments after suspending ...

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Vanguard hires sales head

  •  
By Christine St Anne
  •  
2 minute read

Four months after his departure, Vanguard fills George Vassos' old shoes.

Fund manager Vanguard has hired Brett Mennie as the national sales manager for adviser sales.

Mennie replaces George Vassos who left in April after nine years with the company.

In the job, Mennie will be responsible for building the adviser business and managing the sales team which includes five business development managers and two business development associates.

He will report to Vanguard's head of retail sales and strategy Terry Williams.

 
 

Mennie previously worked with financial services company Axa as the state financial planning manager where he developed Axa's adviser network, expanding the business to include 300 financial advisers.  He has also worked for Perpetual Funds Management as a business development manager.

Mennie will begin his job with Vanguard in mid-October.