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Showing 91 - 100 of 38572 results for "Inc"

Invesco, Trinetra IM strategies to wind up

KARREN VERGARA  |  WEDNESDAY, 3 JUN 2026
After failing to scale, Invesco's True Balance Fund and Trinetra Investment Management's emerging markets strategy are set to wind up. The multi-asset Invesco True Balance Fund, which had about $37.5 million in assets, will terminate on June 4. Application ...

Pengana raises $150m for AI-focused LIT

KARREN VERGARA  |  WEDNESDAY, 3 JUN 2026
Pengana Capital Group says it has already raised $150 million for a yet-to-list fund that targets private companies in the artificial intelligence (AI) space. The cornerstone funding round raised $150 million, exceeding the initial target amount of ...

Macquarie AM, IG4 Capital to realise over $1bn in global transaction

MATTHEW WAI  |  WEDNESDAY, 3 JUN 2026
Macquarie Asset Management (MAM) and Brazilian private equity firm IG4 Capital will offload their ownership in a port and logistics operator in a transaction valued at $1.16 billion (US$835m). The transaction will be processed through MAM's Macquarie ...

Brookfield accelerates infrastructure strategy in Australia

VINNY VUCAGO  |  WEDNESDAY, 3 JUN 2026
Brookfield has expanded its private wealth offering in Australia with the launch of an infrastructure income fund designed to provide wholesale investors access to the assets managers global private infrastructure portfolio. The Brookfield Infrastructure ...

US and Aussie shares 'incredibly divergent': UniSuper

VINNY VUCAGO  |  TUESDAY, 2 JUN 2026
The artificial intelligence (AI) investment boom continued to drive US equity markets higher in May, while Australian shares delivered comparatively modest gains amid weaker earnings outlooks and pressure on the banking sector, according to UniSuper ...

Super funds push back on CSLR: SMC

VINNY VUCAGO  |  TUESDAY, 2 JUN 2026
The Super Members Council (SMC) has urged the federal government reject proposals that would expand funding responsibility for the Compensation Scheme of Last Resort (CSLR) to Australians in APRA-regulated superannuation funds, arguing the costs should ...

Rest appoints head of CIO office

RIDDHIMA TALWANI  |  TUESDAY, 2 JUN 2026
Rest has named a new head of chief investment officer (CIO) office, supporting chief investment officer Michael Clancy. Rest has appointed Andy Moser as its new head of CIO office. Clancy said Moser will support the development and execution of the ...

AFCA to update rules on new genetic testing laws

KARREN VERGARA  |  TUESDAY, 2 JUN 2026
The Australian Financial Complaints Authority (AFCA) is proposing to amend its rules in preparation for recent legislative changes on genetic testing protections in life insurance. Treasury Laws Amendment (Genetic Testing Protections in Life Insurance ...

J.P. Morgan AM awarded fresh portfolio structuring mandate

MATTHEW WAI  |  TUESDAY, 2 JUN 2026
J.P. Morgan Asset Management (JPMAM) has secured a mandate to implement portfolio structural capabilities for improved operational and cost efficiency for Findex Group. Findex currently manages approximately $8.5 billion under its managed discretionary ...

ASIC cannot afford to stand still: Longo

VINNY VUCAGO  |  MONDAY, 1 JUN 2026
Outgoing ASIC chair Joe Longo has used his final appearance before the Parliamentary Joint Committee on Corporations and Financial Services to defend the regulator's enforcement record while warning that funding constraints and rapid technological change ...