lawyers weekly logo
Advertisement
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 ...
icon

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, ...

icon

Firms team up to expand alternative capital access

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

icon

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 ...

icon

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 ...

icon

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 ...

VIEW ALL

Mr Asset Super retires after 20 years

  •  
By
  •  
2 minute read

Asset Super's first ever employee finally decided to take a back-seat role last month after almost 20 years at the fund.

Asset Super's first ever employee finally decided to take a back-seat role last month after almost 20 years at the fund.

Customer relationship manager Alan Ellis, 69, cannot face leaving the fund altogether, so he will take on less demanding tasks after his 70th birthday.

Ellis was the only employee with the fund from 1988 to 1995, when Michael Dwyer was hired as general manager.

"Alan was the original Mr Asset Super. He was responsible for signing up every employer and their staff over those early years when he worked out of the boot of his car because Asset had no office premises until late 1995," Asset Super chief executive John Paul said.

 
 

Ellis will drop back to a part-time job, working two to three days a week.