lawyers weekly logo
Advertisement
Markets
05 November 2025 by Georgie Preston

US trade tensions reducing with its Asian partners

Despite no formal announcement yet from the Trump-Xi summit, recent progress with other Asian trade partners indicates the US is genuinely moving to ...
icon

Wall Street wipeout tests faith in AI rally

After a year of remarkable growth driven by the AI boom and a rate-cutting cycle, signs that this easing phase is ...

icon

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 ...

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 ...

VIEW ALL

Aberdeen bolsters equities team

  •  
By Stephen Blaxhall
  •  
2 minute read

Aberdeen Asset management has added a 20-year industry veteran to its equities team.

Aberdeen Asset management has added socially responsible investments (SRI) specialist Andrew Preston to its Sydney-based equities team.

Preston, an expatriate Australian with over 20 years at Aberdeen, has specialised in SRI since 1992 and was appointed head of Aberdeen's SRI team in 1996.
 
Formally based at Aberdeen's Edinburgh offices Preston joins the Sydney team as a senior investment manager.

Preston previously managed equity portfolios in the UK, US and Japanese markets, and global portfolios primarily for North American clients.

He joined Aberdeen in 1985 from the Australian Department of Foreign Affairs.

 
 

"Andrew's move will strengthen further Aberdeen's equity team in Sydney at a time when the group's presence in the local marketplace has been enhanced with the acquisition of Deutsche Asset Management's domestic equity and fixed income businesses," Aberdeen Asset Management head of equities Hugh Young said.