MLC chief investment officer steps down



Chris Condon will step down as chief investment officer of MLC at the end of February to start his own investment consultancy, but will be retained in an advisory capacity, the company announced.
MLC’s head of capital markets research, Dr Susan Gosling, will act as chief investment officer from March 1 while an international search is conducted for Condon’s replacement, MLC said.
“Chris has a long and distinguished career with MLC dating back to 1997,” said executive general manager of asset management Garry Mulcahy.
“He has been our chief investment officer since 1998 and in that time has developed a world-class asset management team. Under Chris’ guidance, MLC’s multi-manager offer has flourished and is now one of the biggest manager-of-manager operations in the world,” Mulcahy said.
Recommended for you
Former wealth firm director Joshua Fuoco has been convicted of contempt of court, sentenced and permanently banned from being involved in financial services after breaching a 10-year ban.
In its first FY26 action, ASIC has cancelled the AFSLs of two Sydney advice firms over their failures to pay industry funding levies.
The Federal Court has made interim travel restraint orders against two Falcon Capital directors, while also freezing one director’s assets.
For the 2025 financial year, all but one listed advice licensee has reported double-digit share price growth – but which licensee has seen the best performance and what activities have they enacted during the period?