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Markets
30 June 2025 by Maja Garaca Djurdjevic

Markets are increasingly desensitised to Middle East risks, says economist

Markets have largely shrugged off the recent escalation in the Middle East, reinforcing a view that investors are now discounting geopolitical ...
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State Street rebrands US$4.6tn SSGA investment division

State Street has rebranded its State Street Global Advisors arm, which has US$4.6 trillion in assets under management, ...

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VanEck reports investor uptake as ASX bitcoin ETF grows to $290m

Australia’s first bitcoin ETF has marked its first anniversary on the ASX, reflecting a broader rise in investor ...

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UBS lifts S&P 500 target to 6,200, flags US equities as global portfolio anchor

UBS has raised its year-end S&P 500 target to 6,200, citing easing trade tensions and resilient earnings, and backed ...

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Markets ‘incredibly complacent’ over end of tariff pause, ART warns

The Australian Retirement Trust is adopting a “healthy level of conservatism” towards the US as the end of the 90-day ...

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ASIC’s private credit probe expected to home in on retail space

IFM Investors expects ASIC’s ongoing surveillance and action in the private credit market to focus predominately on ...

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New chief for DSTi

  •  
By Stephen Blaxhall
  •  
2 minute read

Software provider DSTi is to replace two senior role in a shake up of top management

DST International (DSTi) has appointed Tom Abraham as chief executive.

Abraham joins from Citigroup in London and replaces Mike Winn, who retires after 15 years with the group.

Winn will oversee the transition, taking on the role of non-executive chairman.

"Tom Abraham brings a unique set of international investment management experience to an already strong management team," said DST Systems Inc. chief executive Tom McDonnell

 
 

Abraham most recently directed the strategic solutions - global transaction services division at Citigroup, following roles at Deutsche Bank and Accenture.

DSTi has also promoted chief operating officer Steve Edkins to the role of deputy chief executive.

DSTi provides services to 700 clients in 55 countries.