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Superannuation
04 July 2025 by Maja Garaca Djurdjevic

From reflection to resilience: How AMP Super transformed its investment strategy

AMP’s strong 2024–25 returns were anything but a fluke – they were the product of a carefully recalibrated investment strategy that began several ...
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Regulator investigating role of super trustees in Shield and First Guardian failures

ASIC is “considering what options” it has to hold super trustees to account for including the failed schemes on their ...

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Magellan approaches $40bn, but performance fees decline

Magellan has closed out the financial year with funds under management of $39.6 billion. Over the last 12 months, ...

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RBA poised for another rate cut in July, but decision remains on a knife’s edge

Economists from the big four banks have all predicted the RBA to deliver another rate cut during its July meeting, ...

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Retail super funds deliver double-digit returns despite market turbulence

Retail superannuation funds Vanguard Super and Colonial First State have posted robust double-digit returns for ...

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Markets climb ‘wall of worry’ to fuel strong super returns, but can the rally last?

Australian super funds notched a third consecutive year of strong returns, with the median balanced option delivering an ...

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Chief departs MMC Contrarian

  •  
By Stephen Blaxhall
  •  
2 minute read

MMC Contrarian is looking for a new chief as Fairweather resigns.

MMC Contrarian chief executive Andrew Fairweather is to leave the group.

Fairweather, who joined the Sydney-based investment manager from AMP, is to work out a six months notice period.

"On behalf of the board I would like to thank Andrew for his contribution to the company over the past three and half years," MMC chairman Kevin Eley said.

"I will be working with Andrew to secure an appropriate replacement who will be responsible for continuing with the company's expansion in the wealth management industry."

 
 

Fairweather has not yet accepted another role.

"I have a couple of very interesting roles in the pipeline but am going to take my time," he told Investordaily.

MMC is a boutique fund manager with more than $570 million of funds under management.