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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 ...
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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 ...

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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 ...

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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 ...

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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 ...

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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 ...

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Vanguard reshuffles deck

  •  
By Stephen Blaxhall
  •  
2 minute read

Vanguard Australia finds a new head as Duffield shifts focus to Asia

Vanguard head of institutional business Ian Alcock is to take control of the group's Australian operation.

The move comes as incumbent Jeremy Duffield moves to a regional role as the group's new Asia-Pacific managing director.

Duffield will maintain overall responsibilities for Vanguard's Australian and Asia-Pacific operations.

International head Trevor Chudleigh will keep his responsibility for the Japan and Singapore offices.

 
 

Chief investment officer Eric Smith will also focus more on the larger region, but continues in his existing position.

Robin Bowerman is to continue as the head of Vanguards retail business

Vanguard has added Chris Stevens, as head of IT, to its senior management team. Stevens, reporting to Alcock, takes responsibility for IT strategy, infrastructure and operations services, as well as business relationship management, across Australia and Asia operations.