BlackRock has appointed former Westpac executive Guilherme Lima as head of wealth for APAC to grow its private banking business in the region.
UBS Asset Management has appointed Alison Telfer to head up Australia and NZ replacing John Mowat who will resume running the firm's real estate business.
Income Asset Management Group has hired former UBS investment specialist Jonathan Baird to lead its asset management business.
The Retirement Income Covenant has prompted funds to switch their focus from wealth accumulation to creating retirement income products. Since there isn't a deep pool of existing talent in the sector, Fintan Thornton from Allianz Retire+ reckons it's a great time to get into this sector..
NAOS Asset Management has launched the NAOS Private Opportunities Fund, which will seek to provide investors with exposure to smaller unlisted private companies.
Maple-Brown Abbott recently launched the Asian Dividend Growth Fund, an actively managed fund that invests in listed (and to be listed) securities across Asia with income streams forecast to grow.
Wes Hall is founder and chief executive officer of start-up superannuation fund Tomorrow Super, which is expected to launch by the end of the year. Its been a long time coming and Hall tells Industry Moves why he thinks the financial services industry is ripe for disruption.