Future Generation appoints inaugural CIO

Perpetual/appointments/hires/CIO/

Investment group Future Generation has appointed its first chief investment officer who joins the team from Perpetual Asset Management.

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Perennial boosts distribution team

Perennial-Partners/Perennial/distribution/appointments/

Perennial Partners has made a series of appointments to its distribution team across Australia, including a director focused on private wealth, while an ESG specialist departs.

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PIMCO looks within for ETF sales head

PIMCO/Kanish-Chugh/appointment/ETFs/

PIMCO has named its head of ETF sales for Australia, having promoted an account manager who joined the firm in July 2024.

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RBA makes first 2025 rate call decision

Reserve-Bank-of-Australia/central-banks/monetary-policy/interest-rates/

The Reserve Bank of Australia has made its first rate call of 2025, with commentators questioning whether the central bank will join its global peers in softening monetary policy.

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Fiducian reports FUMAA growth amid M&A talks

Fiducian-Group/Fiducian/financial-advice/platforms/

Fiducian Group has enjoyed double-digit growth in its FUMAA and NPAT for the first half of FY25, as it looks to boost adviser numbers to 150 through potential acquisitions.

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Former Count head takes up new role at Iress

Countplus/iress/wealth-management/

Iress has appointed the former head of Count Financial to a newly created executive general manager position in its wealth APAC team.

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Inquiry recommends SIT changes to prevent AFSL abuse

wholesale-investing/inquiry/AFSL/

The parliamentary inquiry into the sophisticated investor test (SIT) has recommended making the test less subjective in order to prevent abuse by AFSLs.

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Perpetual considers revised KKR proposal after heavy tax treatment

Perpetual/KKR/tax/private-equity/

Perpetual’s board is considering a revised proposal from private equity firm KKR following unwelcome ATO tax guidance at the end of 2024.

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Centuria appoints former Olympian as healthcare fund manager

Centuria/healthcare/listed-property/

Centuria Capital Group has appointed its second former professional sportsperson as its healthcare fund manager.

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AMP’s George puts growth back on the agenda

amp/Alexis-George/platform/amp-north/

AMP chief executive Alexis George says the company is “living and breathing organic growth” as it enters the final year of its business simplification program and looks to reprioritise growth.

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