Industry Updates

Dexus acquires additional interest in Royal Adelaide Hospital

The Dexus Community Infrastructure Fund (CommIF), the Dexus Healthcare Property Fund (DHPF), and the AMP Capital Core Infrastructure Fund (CIF) have acquired a combined 30.58 per cent interest in Celsus Holding, taking Dexus’ total stake to 72.79 per cent.

Natixis CIB adds to global markets leadership team

Capital market company Natixis CIB has appointed Thomas Moffat and Oscar Austin as head of global markets sales in Australia and New Zealand, and head of GSCS Syndicate in the Asia Pacific, respectively.

GBST acquires CRM WealthConnect

Cloud-based wealth management software-as-a-service provider GBST has acquired Salesforce-integrated customer relationship management service WealthConnect.

VBP hires paraplanning technical lead

Virtual Business Partners has appointed Chris Miller as technical lead to oversee its paraplanning capabilities.

MLC AM appoints institutional director

MLC Asset Management has appointed Dan Greyling as institutional director, responsible for managing all institutional relationships and business development across the APAC region.

NZ Super Fund CEO resigns

After fifteen years with the Guardians of New Zealand Superannuation, the manager of the $60b NZ Super Fund, CEO Matt Whineray has advised the board that he has decided to resign and will leave at the end of the year.

AMP Advice partners with fintech Frollo

AMP Advice has partnered with fintech Frollo to provide financial advisers, mortgage brokers and their clients with access to Frollo’s Open Banking technology and money management app.

Ord Minnett pays $888k fine for share buy-back scheme

Ord Minnett has paid a penalty of $888,000 to comply with an infringement notice given by the Markets Disciplinary Panel, over a share buy-back scheme.

Govt announces super payday changes

Super will be required to be paid on payday under reforms announced by the government which it claims will benefit both employers and employees.

MLC Life appoints senior Nippon Life executive as CIO & deputy CFO

MLC Life Insurance has appointed Hiroyuki Endo as chief investment officer and deputy chief financial officer from its parent company Nippon Life Insurance.

Zenith appoints BDM

Zenith Investment Partners has appointed Peter Dening as business development manager for NSW and ACT.

OneFortyOne appoints Future Fund deputy as CEO

Future Fund deputy chief investment officer has been appointed CEO of timber and forestry organisation OneFortyOne, effective from mid-June. 

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