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Markets
15 May 2025 by Maja Garaca Djurdjevic

Gold’s 2025 bull case strengthens on trade tensions, inflation and reserve diversification

The gold market has entered new territory, with State Street Global Advisors revising its outlook as bullion prices defy historical norms and market ...
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Bitcoin forecast to strike US$200k by year’s end

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SMC urges ‘balanced review’ of private markets

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AI set to lead thematic ETFs to record flows in 2025, says State Street

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Morningstar says Insignia takeover race not over yet as CC Capital remains in play

Morningstar believes there is still further to run with the potential takeover of Insignia Financial even with original ...

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Russell boosts insto team

  •  
By Christine St Anne
  •  
2 minute read

Russell has poached staff from Legg Mason and Asgard to boost its institutional team.

Russell Investment Group has hired two people to its institutional business development team.

Paul Taylor and Laird Abernethy will join the company and report to Russell's director of institutional sales Chris Briant. Briant was hired by the company in July.

Taylor previously worked for Legg Mason as a business development manager. At Legg Mason he worked with the company's corporate superannuation master trust. He will be based in Russell's Melbourne office.

Abernethy joins from Asgard where he was a business superannuation consultant. He has also worked for BT Financial Group.

 
 

"The challenges facing our institutional clients continue to mount in the face of volatile markets and pressure to produce consistent long-term returns.

These appointments reinforce Russell's mission to remain at the forefront of providing specialised solutions for our clients," Russell's managing director of institutional investor services Stephen Roberts said.

Russell's master trust business manages $3.5 billion.