Russell Investments has appointed Matt Wacher as regional director for indexes in Australia and New Zealand. The announcement follows growing client demand for tailored index solutions, the firm said.
Wacher will be based in Sydney and will be part of Russell’s global index team. He will be responsible for growing the regional business across the Russell indexes product suite as well as taking several new indexes to market over the next 12 months. He will be working closely with clients and prospects to develop customised indexes.
Prior to joining Russell, Wacher was the head of institutional sales and product for CMC Markets in Japan. He has over 15 years’ experience in the financial markets, having worked in Sydney, London and Tokyo where he was employed in institutional sales, senior trading and product development roles across cash and derivatives, equities, credit and FX markets.
The industry body has cautioned the government against implementing unnecessary regulations for private market investments, with ASIC currently exploring reforms in this space.
The industry fund has appointed Natalie Alford as its new chief risk officer, strengthening its executive team during a period of transformation.
The Super Members Council has outlined a bold reform plan to boost productivity, lift retirement savings, and unlock super’s full potential.
Women beginning their careers in 2025 could retire with hundreds of thousands of dollars more in super due to the 12 per cent super guarantee rate, HESTA modelling shows.