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Venture capital sector booming but needs greater government supportBY KARREN VERGARA | THURSDAY, 18 JAN 2018 12:45PM
Millennial super fund Spaceship, artificial intelligence and machine learning companies were among the beneficiaries of Australia's booming venture capital market in 2017, but two industry bodies have called on the Government to increase its support for the sector.Read more: Venture capital, IPA, KPMG, Spaceship, Airtasker, Amanda Price, AVCAL, Institute of Public Accountants, KPMG Australia
The $67 billion super fund for the building and construction industries will launch new investment options as it remains focussed on growing to $150 billion.
PineBridge Investments appointed a head of wealth management for the Asia region in a newly created role.
Asset managers and superannuation funds will ramp up their digital advice offerings in 2022 as the reality of financial advisers exiting sets in.
Pendal Group has endured a disappointing quarter, with $5 billion in outflows from UK institutional clients.
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