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Showing 991 - 1000 of 18741 results for "ACT"

Section 899 ditched but companies face tax uncertainties

KARREN VERGARA  |  MONDAY, 14 JUL 2025
... investors breathed a resounding sigh of relief when US President Donald Trump binned section 899 of the One Big Beautiful Bill Act (OBBBA), local multinationals, however, were lumped with grave uncertainties surrounding the global Pillar 2 tax regime. ...

Betashares acquires InvestSense, launches Trellia Wealth Partners

KARREN VERGARA  |  MONDAY, 14 JUL 2025
Betashares is acquiring managed accounts business InvestSense to create Trellia Wealth Partners out of the deal. Trellia will have about $8 billion in funds under management and will operate as a standalone business, of which Betashares will contribute ...

BNP Paribas names two new global heads

ELIZA BAVIN  |  FRIDAY, 11 JUL 2025
Following the completion of BNP Paribas' acquisition of AXA Investment Managers' (AXA IM) on July 1, BNP Paribas Asset Management (BNPP AM) has named two new global heads for the combined alternatives business. Isabelle Scemama will lead the combined ...

Ascalon continues to build its team

ELIZABETH FRY  |  THURSDAY, 10 JUL 2025
Ascalon Capital has added two executives to its growing team as it expands its partnership-driven consulting and adviser-aligned investment solutions. Berit Deagan joins as head of business development and John Burton as head of business solutions. ...

Platinum, L1 merger to help fight 'organic business decline'

ELIZA BAVIN  |  THURSDAY, 10 JUL 2025
Platinum's potential merger with L1 Capital - which saw the two parties enter a merger implementation deed earlier this week - may help save the business against ongoing decline but other hurdles remain, according to Morningstar equity analyst Shaun ...

Gold ETFs outshine large caps: Research

KARREN VERGARA  |  THURSDAY, 10 JUL 2025
Gold ETFs recorded stellar performances in Rainmaker's latest analysis of wholesale managed funds, achieving between 43% p.a. and 50% p.a. which trumped returns of popular large-cap equity funds. VanEck's Gold Miners ETF, which invests in a diversified ...

Insurer names interim chief executive

JAMIE WILLIAMSON  |  THURSDAY, 10 JUL 2025
Adrian Stewart is set to leave Allianz Australia Life Insurance and Allianz Retire+, with an acting chief executive appointed. David Kane, currently chief operating officer, is stepping into the lead role in an interim capacity. Allianz said Stewart ...

Most traded stocks in the first half of the year revealed

MATTHEW WAI  |  THURSDAY, 10 JUL 2025
Retail and advised investors both invested heavily into mining and energy industries in the first half of the year, according to new research from AUSIEX. Despite strong growth in the Commonwealth Bank share price, it isn't the most sought-after stock ...

ETF market breaks through $280bn

MATTHEW WAI  |  THURSDAY, 10 JUL 2025
The Australian ETF market ended the financial year on a record high, reaching $280 billion in total assets under management (AUM), steered by top performing ETFs across the defence and gold mining sectors. There were 36 new exchange trade products (ETPs) ...

Brighter Super default members earn 11% in FY25

KARREN VERGARA  |  WEDNESDAY, 9 JUL 2025
Brighter Super's MySuper option achieved 10.9% p.a. for the 2025 financial year, exceeding performance for the medium and long term. The latest result outpaced the three-, five- and 10-year time horizons of 10.3% p.a., 8.2% p.a. and 7.2% p.a. respectively. ...