Powered by MOMENTUM MEDIA
lawyers weekly logo
Advertisement
Superannuation
04 July 2025 by Maja Garaca Djurdjevic

Retail super funds deliver double-digit returns despite market turbulence

Retail superannuation funds Vanguard Super and Colonial First State have posted robust double-digit returns for FY2024–25, driven by a recovery in ...
icon

Markets climb ‘wall of worry’ to fuel strong super returns, but can the rally last?

Australian super funds notched a third consecutive year of strong returns, with the median balanced option delivering an ...

icon

ASIC levy for investment and super sector set to rise 9%

The corporate regulator has released its estimated industry levies for FY2024–25, with the cost for the investment ...

icon

Diversified portfolios deliver for industry funds as markets flourish

Another strong year for equities, both domestic and global, has driven largely positive returns for these industry super ...

icon

VanEck warns of looming US asset unwind as key risk signals flash red

VanEck has signalled an impending major unwinding in US assets, after issuing a warning that the world is largely ...

icon

Metrics makes 2 acquisitions ahead of consumer lending expansion

Metrics Credit Partners has completed the acquisition of Taurus Financial Group and BC Investment Group as it looks to ...

VIEW ALL

QIC hires Austock man

  •  
By Charlie Corbett
  •  
2 minute read

QIC has taken on the former manager of Austock Securities' Brisbane office

Institutional fund manager QIC has hired former Austock Securities (Austock) manager Chris Claridge as head of equities dealing.

Claridge ran Austock's Brisbane office and has also worked as a trader for Macquarie Equities and Citigroup.

He specialises in portfolio trading and derivatives.

"Chris is one of the most experienced trading desk professionals in Australia," QIC Head of Australian Equities Simon Hudson said.

 
 

"His in-depth expertise with derivatives will be a highly valuable resource in our after-tax management strategies."

Claridge is the second hire for QIC in as many weeks.

On October 1 it snatched Axa Rosenberg veteran Bill Prendergast to manage its global fixed income beta portfolio.

QIC is one of Australia's largest institutional fund managers with more than $60 billion under management.