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Superannuation
11 July 2025 by Maja Garaca Djurdjevic

Beyond Silicon Valley: How super funds thrived on diversification in 2025

Superannuation funds have posted another year of strong returns, but this time the gains weren’t powered solely by Silicon Valley. In contrast to ...
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Netwealth edges in on rival HUB24 with record FUA net flows

The wealth management platform remains a strong performer in the platform space, generating a record $15.8 billion in ...

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South Korean exposure pays off as ASX-listed ETF jumps 32%

The iShares MSCI South Korea ETF (IKO) gained 32.1 per cent in the first six months of the year, marking South Korea’s ...

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Instos anticipate crypto to feature in traditional portfolios by 2030

Three-quarters of institutional investors believe cryptocurrencies will form part of traditional portfolio allocations ...

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US tipped to be ‘the big loser’ of Trump’s expanding trade war: AMP

The rollout of further tariffs in the US from August is expected to decrease economic growth in the US in the ...

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Government cements RBA overhaul with new rules

The government has cemented its overhaul of the RBA’s governance with the release of an updated Statement on the Conduct ...

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Ascalon plans to boost staff, boutiques

  •  
By Christine St Anne
  •  
4 minute read

The incubator firm looks to sharpen its focus on institutional distribution and add a global equities manager to its stable.

Ascalon Capital plans to boost its distribution team as the firm eyes a stake in more boutiques.

The announcement follows Westpac's decision yesterday to take full ownership of the firm. Westpac bought out Kaplan Equity's 50 per cent holding of the company. 

"We have really enjoyed the support of Kaplan Equity. The acquisition of our business by Westpac will provide us with strong capital backing," Ascalon chief executive Andrew Landman said.

Landman said the firm is planning to acquire strategic investments in more boutique investment managers as well as boost its distribution team.

 
 

The firm oversees seven boutique managers including a number of Australian equity managers who invest across a range of investment styles.

"We would really like to add a global equities manager to our stable as well as an alternative assets fund of fund manager," Landman said.

The firm will also be looking to add to its distribution team, with a particular focus on the institutional market.

"We would like to focus more on the institutional side. We already have a distribution business through The Private Collection. This business includes both retail and institutional distribution capabilities," Landman said.

"Obviously, if we are looking to add more boutiques we would like to service them accordingly."