Powered by MOMENTUM MEDIA
lawyers weekly logo
Advertisement
Markets
29 August 2025 by Maja Garaca Djurdjevic

Investors drawn to private markets for genuine ESG exposure, says manager

Federation Asset Management has experienced growing interest from investors seeking to invest responsibly through private market opportunities
icon

Manager overhauls tech ETF to target Nasdaq’s top players

BlackRock is repositioning its iShares Future Tech Innovators ETF to focus on the top 30 Nasdaq non-financial firms, ...

icon

Dixon Advisory inquiry no longer going ahead as Senate committee opts out

The inquiry into collapsed financial services firm Dixon Advisory will no longer go ahead, with the Senate economics ...

icon

Latest performance test results prompt further calls for test overhaul

APRA’s latest superannuation performance test results raise critical questions around how effective the test currently ...

icon

HESTA, ART to challenge ATO’s position on imputation credits in Federal Court

Industry fund HESTA has filed an appeal against an ATO decision on tax offsets from franking credits, with the ...

icon

Net flows, Altius acquisition push Australian Ethical FUM to record high

The ethical investment manager has reported record funds under management of $13.94 billion following positive net ...

VIEW ALL

Challenger poaches two from Perpetual

  •  
By Charlie Corbett
  •  
2 minute read

Challenger has moved to beef up its institutional team by hiring two from rival firm Perpetual.

Challenger Financial Services (Challenger) has appointed Matthew Perrignon and Chris Durack as joint heads of its institutional funds management business.

Perrignon and Durack join Challenger from Sydney based rival Perpetual. The two hires replace Matt Gaden as head of institutional business. Gaden was promoted to head of distribution at Challenger after the departure of David Asplin late last year.

Perrignon will become general manager of institutional sales, while Durack is made head of institutional strategy.  They will report to the chief executive of funds management, Rob Adams.

Adams said the new hires would also work closely with Gaden.

 
 

"As the distinction between institutional and retail markets become increasingly blurred, to have three very experienced, highly regarded and passionate leaders managing our market relationships gives Challenger a critical and unique advantage," Adams said.

Perpetual said it had no specific plans to replace Perrignon and Durack, but that the institutional team, which numbers about 20, was being built up over time anyway.

Andrew Francis is acting head of Perpetual's wholesale team while its actual head, Fiona Dunn, is on maternity leave.