When Financial Services Minister Stephen Jones turned up at Crescent Wealth’s offices to celebrate its transfer into Russell Investments, we thought it was bizarre and ill-advised. But we didn’t know the half of it.
Crescent Wealth (which shouldn’t be confused with Michael Alscher’s Crescent Capital Partners) was one of the worst-performing superannuation funds in the country.
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Myriam Robin is a senior writer based in the Melbourne newsroom. She has previously been a Rear Window columnist and editor, and before that reported on financial markets and media. Connect with Myriam on Twitter. Email Myriam at myriam.robin@afr.com
