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22 January 2021 • By Sarah Simpkins • 1 min read

‘Engagement has failed’: Hostplus urged to dump fossil fuels

A new campaign pressuring $50 billion industry super fund Hostplus to commit to a net-zero target and to scrap fossil fuel investments could clash ...

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State Super appoints new CIO

The $44 billion super fund has appointed a new chief investment officer as it rises to meet challenging market conditions through 2021. Charles Wu ...

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Ord Minnett rolls out senior appointments

Wealth management group Ord Minnett has announced a slew of appointments across its institutional equities sales and private client research teams

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Netwealth raises inflows guidance by $500m

Despite the COVID crisis, Netwealth has upped its forecast inflows for the 2021 financial year, after pulling a $4.8 billion (or 14 per cent) increase ...

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Super funds defy virus fallout

The average median growth superannuation fund (61-80 per cent growth assets) ended the year up 3.7 per cent, despite the economic havoc wreaked by the ...

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Central banks ‘fuelling’ wealth inequality: Schroders

The COVID crisis has revealed how central banks have amplified wealth inequality in recent years, according to Schroders, with its head of Aussie ...

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Suncorp tops 2020 balanced super returns 

Suncorp had the highest-performing balanced superannuation option during the 2020 year, being one of two retail funds to top the list from research ...

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JP Morgan AM hires investment stewardship head

JP Morgan Asset Management has appointed a new head of investment stewardship and hired an ESG expert as part of its “ongoing commitment to ...

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Netwealth chair steps down

The chair of Netwealth has passed the torch as Australia’s wealth industry faces down a period of “significant consolidation and transition”

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Unemployment drops sharply

Australia has seen another drop in unemployment ahead of the removal of JobKeeper. Unemployment fell to 6.6 per cent between November and December, ...

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