The Coalition has pledged to give young Australians access to up to $50,000 in their retirement savings to get a toehold in the housing market. Super funds say it will only further inflate property prices.
Listed property, which found investor favour in 2024, is better positioned to weather market volatility with institutions eyeing improving valuations and development opportunities. For overseas players, a weaker Australian dollar is a bonus.
Perrignon off to HK with Credit Suisse
Pictured: Matthew Perrignon
Credit Suisse has upgraded its sales effort for asset management in the Asia Pacific region through the transfer of the sales chief for Australia, Matthew Perrignon, to Hong Kong from January.
Perrignon, who is head of the “pension coverage group” and a director, will oversee the regional sales effort, with existing support in Sydney and Melbourne. The Credit Suisse offering involves a range of alternatives strategies as well as traditional international and regional funds.
Credit Suisse has a strong presence in Asia, which assists with its sales and marketing efforts.
Perrignon, for whom a farewell was held in Sydney last week, including influential super fund executives as well as colleagues and friends, joined Credit Suisse in 2008 from Challenger Financial Services, where he was head of institutional sales. He moves to Hong Kong with his wife and three children.
