Allegro sells Questas stake for $375mBY ELIZA BAVIN | MONDAY, 7 APR 2025 11:57AMAllegro Funds entered into an agreement with private equity and venture capital firm Five V Capital to exit its majority stake in Questas Group. Related News |
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Future Fund chair Greg Combet said that the $300 billion sovereign wealth fund has received the green light from the government to manage a portion of its portfolio internally, speaking at a Committee for Economic Development of Australia (CEDA) event in Sydney yesterday.
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Small industry super funds lead on trust, service, and value for money, according to CoreData's annual member engagement survey.
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While investor sentiment has improved since Liberation Day, geopolitical and tariff uncertainties will continue to deteriorate fund flows for asset managers, Morningstar predicts.
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Geopolitical uncertainties are forcing family offices out of US equities, diversifying into cash and liquid alternatives, according to BlackRock's annual Global Family Office Survey.
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John Burke
GLOBAL CHIEF EXECUTIVE OFFICER
BENNELONG FUNDS MANAGEMENT LTD
BENNELONG FUNDS MANAGEMENT LTD
Bennelong Funds Management is like a mainline into the jugular of Australia's financial advice sector, with more than 6500 advisers channelling capital to its funds. But its global chief executive John Burke says the job's not done yet. Andrew McKean writes.
