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Class action filed against IC Markets

JAMIE WILLIAMSON  |  THURSDAY, 8 FEB 2024
Piper Alderman has formally filed its class action against International Capital Markets (IC Markets) for offering contracts for difference to retail investors.

Clime avoids board spill

KARREN VERGARA  |  TUESDAY, 6 FEB 2024
Clime Investment Management has avoided a board spill that was brought about by its former chair and a substantial shareholder.

Online investor participation declines

ANDREW MCKEAN  |  TUESDAY, 6 FEB 2024
Active online investor numbers have continued to decline, albeit at a slower rate, according to an Investment Trends report.

Actively managed, ESG funds top 2023 outflows

KARREN VERGARA  |  TUESDAY, 6 FEB 2024
Actively managed funds and ESG strategies suffered the biggest outflows in 2023 at a combined $57.7 billion.

MA Financial buys $96m hotel to seed fund

CHLOE WALKER  |  TUESDAY, 6 FEB 2024
The alternative asset manager has purchased a large-scale Melbourne hotel from Singaporean real estate group Hiap Hoe Limited.

BlackRock iShares adds to factor ETFs

JAMIE WILLIAMSON  |  MONDAY, 5 FEB 2024
BlackRock is set to add momentum, quality, and value ETFs to its range of iShares Factor ETFs. They will also be the first of the manager's products to be listed on Cboe Australia.

Scarcity buys stake in asset manager

KARREN VERGARA  |  MONDAY, 5 FEB 2024
Scarcity Partners has bought into an $8 billion asset manager that caters to private wealth firms.

Australian Ethical, Infradebt to launch infrastructure debt fund

ANDREW MCKEAN  |  FRIDAY, 2 FEB 2024
Australian Ethical and Mike Cannon-Brookes-backed Infradebt are launching a debt fund to finance renewable energy projects, alongside ventures in social infrastructure and property development.

Pinnacle affiliates push FUM to $100bn

KARREN VERGARA  |  FRIDAY, 2 FEB 2024
Pinnacle Investment Management's funds under management grew 9% to $100.1 billion, buoyed by a strong market rally and overseas investor inflows.

REITs primed for investor cash amid uncertainty

CHLOE WALKER  |  FRIDAY, 2 FEB 2024
After lagging equities the past two years, real estate investment trusts (REITs) are an attractive investment opportunity in 2024, according to Principal Asset Management.