Who your broker calls first: Meet the ASX's new power players

Angus Grigg and Anthony Macdonald

Updated Oct 29, 2018 – 7.42pm, first published at 11.00am

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When a broker needed to raise money over the past decade, Perpetual, Colonial or BT Investment Management were typically the first names on any call sheet, but they now have some stiff competition.

In one of the largest shifts in power since the introduction of compulsory superannuation in 1992, the big industry and public sector funds are now the ones in line for the first call.

Angus Grigg is an investigative reporter based in Sydney. He has worked as a foreign correpondent in China and Indonesia, and has won two Walkley Awards.

Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies.