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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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Ord Minnett chief sees direct equity growth

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4 minute read

New CEO Tim Gunning will focus on the expansion of Ord Minnett's direct investment advisory business.

Ord Minnett's new chief executive Tim Gunning will look to expand the firm's direct equity investment advisory business.

"With the growth in self-managed super and post the global financial crisis, investors are looking to have a greater transparency in terms of what their investments are," Gunning said in an interview with InvestorDaily.

"Direct investing, specifically into equities I think, is a growing trend in the Australian retail market which will play out over a number of years."

Gunning, who is currently general manager of Commonwealth Financial Planning (CFP), will take up his new position on 1 October this year.

 
 

Although he will need some time to get to know the business better, he said the attraction and retention of talented advisers was a key priority.

"We will certainly be looking to grow the number of advisers," he said.

Gunning was with the Commonwealth Bank of Australia (CBA) for six years and said it was time to move on to new challenges.

"We have achieved a lot here - the business has grown substantially," he said. "I've got a great management team here and it's an opportunity for them to step up." Last Friday, Gunning represented the bank, together with five other executives, at the Parliamentary Joint Committee inquiry into financial products and services.

CBA has appointed CFP national manager David MacKay as acting general manager, while it searches for a candidate to replace Gunning.