POWERED BY MOMENTUM MEDIA
Former Liberal leader joins Crescent Wealth board
Australian superannuation fund, Crescent Wealth, has strengthened its governance with the appointment of former Liberal Party leader, John Hewson, to its board.
Hewson would join alongside industry veteran, Nicholas Whitlam, and chair, Diane Yerbury, who was the former vice chancellor and president of Macquarie University, and the chief executive of the Australian Council.
Crescent Wealth’s managing director, Talal Yassine, said that the fund nearly amassed $250 million in funds under management, and now had the platform to increase scale at a much faster rate.
In a bid to lift its growth trajectory, the fund has enlisted NAB Asset Servicing as a custodian, Mercer as its super fund administrator and Equity Trustees as its super fund trustee.
Recommended for you
Australian Ethical has named its new head of equities, who previously spent 12 years at Perpetual.
The country’s sovereign wealth fund has unveiled a flurry of changes to its leadership team, including the appointment of a key executive role.
With Damian Graham stepping into a new capacity within the $190 billion super fund ahead of his retirement, a global search is set to commence for his replacement.
Cbus has swiftly promoted Leigh Gavin to chief investment officer only months after naming him deputy, as the fund works towards growing in size and bringing its investment expertise in-house.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
92.15 3 y p.a(%)
2
Global X 21Shares Bitcoin ETF
53.24 3 y p.a(%)
3
Global X GlobalX FANG+ ETF
43.15 3 y p.a(%)
4
DomaCom Shoreline North Coogee
36.26 3 y p.a(%)
5
GAM LSA Private Shares AU I
35.87 3 y p.a(%)
