lawyers weekly logo
Advertisement
Markets
05 November 2025 by Adrian Suljanovic

RBA near neutral as inflation risks linger

Economists have warned inflation risks remain elevated even as the RBA signals policy is sitting near neutral after its latest hold. The Reserve ...
icon

Two fund managers announce C-suite appointments

Schroders Australia and Challenger have both unveiled senior leadership changes, marking significant moves across the ...

icon

Former AI-software company CEO pleads guilty to misleading investors

Former chief executive of AI software company Metigy, David Fairfull, has pleaded guilty after admitting to misleading ...

icon

US trade tensions reducing with its Asian partners

Despite no formal announcement yet from the Trump-Xi summit, recent progress with other Asian trade partners indicates ...

icon

Wall Street wipeout tests faith in AI rally

After a year of remarkable growth driven by the AI boom and a rate-cutting cycle, signs that this easing phase is ...

icon

Corporate watchdog uncovers inconsistent practices in private credit funds

ASIC has unveiled the results of its private credit fund surveillance, revealing funds are demonstrating inconsistent ...

VIEW ALL

BT sheds another senior staffer

  •  
By Stephen Blaxhall
  •  
2 minute read

Not even the promise of an options package from the group's proposed IPO could stop BT losing its second senior staff member within a year.

BT multi strategies head Al Clark has left the group six months after getting the top job.

Clark was anointed into the newly titled role in March following the departure of BT head of alternative investments Richard Keary.
 
The division encompasses the group's balanced and hedge fund products, exposure management and quantitative research.

Clark is believed to be heading to Singapore, to a yet unnamed manager.

Clark joined BT's investment management team from Macquarie Fund Management's domestic fixed interest division in 2006.

 
 

A BT spokesperson said the group was looking to appoint a successor by the end of this week and was talking to both internal and external candidates.

Earlier this moth BT chief executive Rob Coombe said the creation of a newly spun off BT would offer incentives, such as the provision of options, to existing and potential investment staff.

"It creates a compelling model that will attract new talent into this business," Coombe said at the time.

Australian shares portfolio manager Troy Angus also departed earlier this year.