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15 August 2025 by Georgie Preston

Fund managers push back on passive, say active ETF fees justified

As investor flows into fixed income ETFs accelerate, active managers are mounting a defence of their higher fees, arguing that in bond markets, ...
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ASX now ‘undervalued’ after tech glitches and CHESS project woes

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Oliver’s wish list for economic reform: More output, less red tape

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AI driving growth beyond traditional investments, says Betashares strategist

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Omega appoints head portfolio manager

Melbourne-based investment management firm Omega Global Investors has appointed a new head of portfolio management.

Simon Tung has been appointed by Omega Global Investors as head of portfolio management.

Mr Tung was formerly a senior portfolio manager at IFM Investors and has 20 years of industry experience across fixed income, equities and investment strategy.

Omega managing director Mathew McCrum said, "Simon will help to us to expand our portfolio of outcome-based solutions. Omega’s unique Smart Beta Plus offering in the Australian marketplace is an example of investment innovation, combining clever risk controls.

 
 

"Simon’s experience will complement Omega’s capabilities across a broad sub-set of asset classes, and we welcome him to our team."

Mr Tung previously held roles at Treasury Corporation of Victoria, AXA Investment Managers and Westpac.