Market wrap - middayBY AAP | FRIDAY, 24 NOV 2006 12:48PMThe Australian share market opened lower today, weakened by a US market closed for the Thanksgiving Day holiday. At 1015 AEDT, the benchmark S&P/ASX200 index lost 14.55 point to 5452.3, while the all ordinaries eased 12.19 points to 5429.4. |
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Trustees, platforms, cyber risk under APRA spotlight
|Superannuation trustees, platforms and cyber resilience will be under more scrutiny in the 2027 financial year from the prudential regulator.
ASIC draws parallels between ASX and super trustee failures
|ASIC commissioner Simone Constant has urged superannuation trustees to make good use of member data to better understand their needs as they move towards and through retirement.
Perpetual hit with double whammy redemption, impairment
|Perpetual's earnings will be slugged with a massive impairment thanks to an unnamed client redeeming nearly $6.5 billion (US$4.6bn) from a strategy run by Thompson, Siegel & Walmsley LLC (TSW).
GQG hit by $21bn outflows, FUM falls
|GQG Partners has recorded US$15.1 billion ($21.2 billion) in net outflows in the first half of 2026, sending funds under management (FUM) down 9.5% despite resilient investment performance across several of its strategies.
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Featured Profile
Andrew Gregory
CHIEF ADVICE OFFICER
UNISUPER
UNISUPER
After 25 years, Andrew Gregory remains motivated by the impact financial advice can have on Australians' lives. As UniSuper's chief advice officer, he is not slowing down on any of his current ambitions. Matthew Wai writes.
The Financial Standard podcast Tune in each week as we discuss the latest developments in Australia's wealth management industry. |  |
