Kennett to chair EQT
Former Victorian Liberal Premier, Jeff Kennett has been named as the next chairman of Equity Trustees.
The company announced to the Australian Securities Exchange (ASX) today that Kennett would become chairman of EQT Holdings Limited following the forthcoming retirement of current chairman, Tony Killen, in October.
Kennett has been a director of EQT for nine years and has served as a member of the Remuneration, Human Resources and Nomination Committee.
The ASX announcement said Kennett’s appointment of chairman was subject to him being re-elected to the board of EQT by shareholders.
Recommended for you
Lonsec and SQM Research have highlighted manager selection as a crucial risk for financial advisers when it comes to private market investments, particularly due to the clear performance dispersion.
Macquarie Asset Management has indicated its desire to commit the fast-growing wealth business in Australia by divesting part of its public investment business to Japanese investment bank Nomura.
Australia’s “sophisticated” financial services industry is a magnet for offshore fund managers, according to a global firm.
The latest Morningstar asset manager survey believes ETF providers are likely to retain the market share they have gained from active managers.
