Wang to depart Perpetual
Perpetual has lost its long-serving group executive for superannuation and investment solutions, Eric Wang.
The company announced that Wang had resigned, effective from September 30.
It said Wang’s role would be filled by the group executive of operations, Matt Pancino, until a new group executive of superannuation and investment solutions was appointed.
AUTHOR
Mike Taylor
Recommended for you
The new financial year has got off to a strong start in adviser gains, helped by new entrants, after heavy losses sustained in June.
Michael McCorry, chief investment officer at BlackRock Australia, has detailed how investors are reconsidering their 60/40 portfolios as macro uncertainty highlight the benefits of liquid alternatives.
Having reset its market focus to high-net-worth advisers, Praemium’s administration solution has been selected by Bell Potter in a deal that increases the platform's funds under administration by $6 billion.
High transition rates from financial advisers have helped Netwealth’s funds under administration rise by $3.7 billion in the fourth quarter of FY25.
