POWERED BY MOMENTUM MEDIA
Threadneedle expands Australasian team
Threadneedle has appointed James Wesley as director, institutional clients, for its Australasian business.
Wesley will be responsible for building and managing relationships with key institutional and third party clients, and will report to Threadneedle’s head of Australasian distribution David Chinnery.
Chinnery said the appointment was significant for Threadneedle’s growth in Australia and New Zealand.
Australian investors will increasingly look to allocate a higher proportion of assets to offshore funds, and Threadneedle as an international active house was looking forward to introducing Australian investors to these markets, he said.
Wesley has spent the past eight years working in the UK funds management industry, most recently for Threadneedle where he managed the growth of major third party distribution partners including Zurich, AXA, Nationwide, Prudential and Skandia, Chinnery said.
Recommended for you
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.
The two funds have announced the signing of a non-binding MOU to explore a potential merger.
The board must shift its focus from managing inflation to stimulating the economy with the trimmed mean inflation figure edging closer to the 2.5 per cent target, economists have said.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
88.01 3 y p.a(%)
2
Global X 21Shares Bitcoin ETF
72.60 3 y p.a(%)
3
Global X GlobalX FANG+ ETF
44.46 3 y p.a(%)
4
Pengana High Conviction Equities B
39.12 3 y p.a(%)
5
Pengana High Conviction Equities A
39.05 3 y p.a(%)
