Powered by MOMENTUM MEDIA
lawyers weekly logo
Advertisement
Superannuation
05 September 2025 by Maja Garaca Djurdjevic

APRA funds, party dissent behind Labor’s alleged Div 296 pause

APRA-regulated funds have reportedly raised concerns with the government over Division 296, as news of potential policy tweaks makes headlines
icon

Fed credibility erosion may propel gold above US$5k/oz, Goldman Sachs says

Goldman Sachs has warned threats to the Fed’s independence could lift gold above forecasts, shattering previous records

icon

Market pundits divided on availability of ‘reliable diversifiers’

While some believe reliable diversifiers are becoming increasingly rare, others disagree – citing several assets that ...

icon

AMP eyes portable alpha expansion as strategy makes quiet comeback

Portable alpha, long considered complex and costly, is experiencing a quiet resurgence as investors navigate ...

icon

Ten Cap remains bullish on equities as RBA eases policy

The investment management firm’s latest monthly update has cited rate cuts, labour strength and China’s recovery as key ...

icon

Super funds can handle tax tweaks, but not political meddling

The CEO of one of Australia’s largest super funds says his outfit has become an expert at rolling with regulatory ...

VIEW ALL

Aberdeen bolsters equities team

  •  
By Stephen Blaxhall
  •  
2 minute read

Aberdeen Asset management has added a 20-year industry veteran to its equities team.

Aberdeen Asset management has added socially responsible investments (SRI) specialist Andrew Preston to its Sydney-based equities team.

Preston, an expatriate Australian with over 20 years at Aberdeen, has specialised in SRI since 1992 and was appointed head of Aberdeen's SRI team in 1996.
 
Formally based at Aberdeen's Edinburgh offices Preston joins the Sydney team as a senior investment manager.

Preston previously managed equity portfolios in the UK, US and Japanese markets, and global portfolios primarily for North American clients.

He joined Aberdeen in 1985 from the Australian Department of Foreign Affairs.

 
 

"Andrew's move will strengthen further Aberdeen's equity team in Sydney at a time when the group's presence in the local marketplace has been enhanced with the acquisition of Deutsche Asset Management's domestic equity and fixed income businesses," Aberdeen Asset Management head of equities Hugh Young said.