Perpetual manager wins scholarship
Perpetual's senior portfolio manager, Vivek Prabhu, has won a Hugh DT Williamson Performance Scholarship, presented by the Financial Services Institute of Australasia (Finsia).
The scholarship, which is awarded each year, acknowledges exceptional performance and achievement made by an individual within the financial services industry and grants $16,500 to be used towards the cost of attending any leadership or professional development program.
Prabhu's involvement in not-for-profit activities and his work mentoring a number of financial services professionals within Perpetual - where he works as a fixed income portfolio manager - are key reasons he has been awarded the scholarship, according to Finsia chief executive Russell Thomas .
"Importantly, Vivek has also championed the incorporation of environmental, social and governance principles within the fixed interest investment process," Thomas said. "He contributed papers and made industry presentations in his field of expertise."
Other short-listed candidates included executives from the Commonwealth Bank, Vanguard Investments Australia, Ernst & Young and RBS Morgans.
Recommended for you
Insignia Financial has issued a statement to the ASX regarding a potential bid from a third global private equity business to acquire the firm.
More than 30 advisers fell off the FAR during the Christmas and New Year period, according to Wealth Data, with half of these coming from licensee giant Entireti.
With next-generation heirs unlikely to retain their family’s financial advisers after receiving an inheritance, Capgemini has explored how firms can work with younger generations to maintain a relationship.
The use of technology and data analytics will be a way for advice firms to grow in 2025, according to Adviser Ratings, with those who are using it successfully reporting 10 per cent higher profit margins.
