SSGA takes 5% stake in RaizBY KARREN VERGARA | MONDAY, 26 AUG 2024 12:17PMState Street Global Advisors (SSGA) has taken a 5% stake in micro-investment platform Raiz as the latter uses funds to expand its market share and jump on the artificial intelligence bandwagon. Related News |
Editor's Choice
Grattan Institute renews calls for best-in-show super funds, partial annuitisation
|The Grattan Institute is urging the government to mandate the partial annuitisation of Australians' superannuation and implement the 'best-in-show' list of funds to help simplify a "complex" system and allow retirees to spend their savings with confidence.
Super admin providers face reckoning in 2025: Finura
|More companies will divest their superannuation administration offerings in 2025, according to Finura, as super funds potentially move this service in-house amid tighter scrutiny from the regulators.
Insignia grants CC Capital limited due diligence
|Insignia said it has carefully considered the revised CC Capital bid which was made last week.
BlackRock settles lawsuit for 'misleading consumers'
|BlackRock has reached a settlement in a lawsuit filed by the State of Tennessee, which alleged the asset manager misled consumers about how much its investment strategies were influenced by ESG considerations.
Products
Expert Feed
'Chameleon ETFs': Still groundbreaking and here to stay?
It was coined as a 'gamechanger' - an ETF that can be bought and sold on the ASX or Cboe Australia but that can also be applied for, and redeemed, directly ...
Tailored or off-the-shelf: What's right for your practice?
In the ever-evolving landscape of wealth management, financial advisers and investment professionals are faced with a multitude of choices when it comes ...
Five principles for successful family office investing
At the time of writing, Australian public companies were at the end of another round of reporting their half-yearly financial results. For investors and ...
Mistaking financial literacy for retirement literacy
Many are unclear about how to transition from working life to retirement, particularly regarding their retirement savings and the options available to ...
Featured Profile
Kellie Wood
HEAD OF FIXED INCOME
SCHRODER INVESTMENT MANAGEMENT AUSTRALIA LIMITED
SCHRODER INVESTMENT MANAGEMENT AUSTRALIA LIMITED
Schroders Australia's Kellie Wood talks about winning a lot, so much so that it's become a well-intentioned joke with her co-workers - but it's this ambitious attitude that spurs her on every day. Eliza Bavin writes.
