Powered by MOMENTUM MEDIA
lawyers weekly logo
Advertisement
Markets
10 September 2025 by Adrian Suljanovic

Are big banks entering a new cost-control cycle?

Australia’s biggest banks have axed thousands of jobs despite reporting record profits over the year, fuelling concerns over cost-cutting, offshoring ...
icon

How $2.68tn is spread across products and investments

Australia’s $2.68 trillion superannuation system is being shaped not only by the dominance of MySuper and Choice ...

icon

Private credit growth triggers caution at Yarra Capital

As private credit emerges as a fast-growing asset class, Yarra Capital Management remains cautious about the risks that ...

icon

CBA flags end of global rate-cutting cycle

The major bank has indicated that central banks are nearing the end of their rate-cutting cycles, while Trump’s pressure ...

icon

ETF market nears $300bn as international equities lead inflows

The Australian ETF industry is on the cusp of hitting $300 billion in assets under management, with VanEck forecasting ...

icon

Lonsec joins Count in raising doubts over Metrics funds

Lonsec has cut ratings on three Metrics Credit Partners funds, intensifying scrutiny on the private credit manager’s ...

VIEW ALL

Newson leaves FuturePlus

  •  
By Christine St Anne
  •  
2 minute read

Chief investment officer departs after two years in the job.

FuturePlus chief investment officer Terry Newson has resigned after nearly two years in the job.

Newson began with the fund in December 2005 and was also responsible for the investments of Local Government Superannuation Scheme and the Energy Industry Superannuation Scheme.

His previous job was as chief executive of the Stevedoring Employees Retirement Fund (SERF).

In June 2006, SERF and the Seafarers Retirement Fund awarded FuturePlus a $2.2 billion investment mandate.

Overall FuturePlus manages more than $14 billion in funds under management.

Newson also served as chair with the Fund Executives Association Limited.

"The board will be meeting to discuss his replacement," a company statement said.