Survey: Apac money managers shift into private market retail strategies
Almost six in 10 Apac institution expect at least half of fundraising to come from retail-focused strategies within three years, according to a State Street survey.
Sydney-based Belinda Webber replaces Adele Swan.

First Sentier Group (the Group), a global asset manager, today announced the appointment of Belinda Webber as chief people officer (CPO), effective 31 August.
Based in Sydney, she will join the executive committee and report to chief executive officer, Harry Moore.
Webber (pictured) will play a key role in shaping the group’s people strategy, “supporting the development of a more connected, high-performing and client-focused organisation”, according to a statement by the firm. She will work closely with senior leaders across the business to attract, develop and retain talent globally.
Moore said: “Belinda is a highly experienced and respected leader with deep expertise in building high-performing businesses. Her track record in aligning people strategy to business outcomes will be critical as we continue to invest in our people and deliver on our long-term growth ambitions.”
Webber joins from Rabobank, where she was group executive, chief human resources officer, with responsibility for human resources and corporate affairs across Australia and New Zealand.
She has 25 years of experience, including senior leadership roles at Commonwealth Bank, PepsiCo, Microsoft and ANZ Bank.
Webber’s appointment follows the decision of the current CPO, Adele Swan, to step down following the relocation of the CPO role from Edinburgh to Sydney, where the CEO is based.
Almost six in 10 Apac institution expect at least half of fundraising to come from retail-focused strategies within three years, according to a State Street survey.
Sydney-based Belinda Webber replaces Adele Swan.
Peter Harrison joins as strategic advisor, following an eight-year stint as group CEO of Schroders PLC.