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Global X CEO steps down

Global X chief executive officer Evan Metcalf has stepped down from his role, having spent a decade at the firm including almost two years as CEO.

LGT Crestone adds Escala co-founders

LGT Crestone has hired Steve Collins and Mason Allamby as partners and investment advisers. They will lead a team providing advice to high-net worth clients, family offices and non-profit organisations. 

Mercer Super pays $11.3m greenwashing penalty

In another win in ASIC’s greenwashing crackdown, the Federal Court has today ordered Mercer Super to pay a $11.3 million penalty after it admitted to making misleading statements about the sustainable nature and characteristics in some investment options.