Financial Standard presents a roundup of the week's biggest industry news and executive appointments. In this week's news:

Hamilton Lane enters Australia

The $430 billion manager will set up a Sydney office and appoint former Pinnacle Investment Management associate director of institutional business James Martin to spearhead local operations

NAB sells down JANA

NAB announced the sale of a 55% stake in its $350 billion dollar asset consultant JANA to a group of senior executives.

There's also the major appointment news and our quote of the week

This week's FS Minute news round-up is proudly brought to you by Zurich.