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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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GESB CIO steps down

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By
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2 minute read

CIO Sharon Hicks has resigned from GESB.

West Australian public sector fund the Government Employees Superannuation Board (GESB) has lost its chief investment officer.

GESB CIO Sharon Hicks will leave the fund next month, after spending more than a decade with the organisation.

Hicks joined GESB in August 2000 as an investment strategist and was promoted to CIO in 2007.

Her responsibilities, which include management of the various investment portfolios and GESB's asset allocation policy, will be taken up by senior investment strategist Steve McKenna until a replacement is found.