BlackRock Australia's iShares business has made two senior appointments to its institutional distribution and capital markets teams.
Campbell MacPherson has joined the institutional distribution team as vice president and business development manager, responsible for developing and supporting iShares’ institutional clients.
He has over 20 years of industry experience, most recently as a consultant for Commonwealth Bank of Australia during a major financial markets restructuring project.
Gonzalo Biassini has joined the product and capital markets team as vice president, supporting its activities in the primary and secondary exchange-traded funds (ETF) markets and focusing on product development.
He most recently worked at Vanguard Investments Australia as a senior business analyst covering ETFs.
A member body representing some prominent wealth managers is concerned super funds’ dominance is sidelining small companies in capital markets.
Earlier this month, several Australian superannuation funds fell victim to credential stuffing attacks, which saw a small number of members lose more than $500,000.
Small- to medium-sized funds have become collateral damage in an "imperfect" model for super industry levies, a financial institution has said.
Big business has joined the chorus of opposition against the proposed Division 296 tax.