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Showing 91 - 100 of 7408 results for "MAI"

Macquarie sells stake in US utility provider

RIDDHIMA TALWANI  |  TUESDAY, 28 APR 2026
As part of a consortium, Macquarie Asset Management is selling its stake in Cleco, an electricity utility firm in the US, to Stonepeak and Bernhard Capital Partners. The consortium includes Macquarie Asset Management, British Columbia Investment Management ...

Technical glitch hits Team Super investment switches

KARREN VERGARA  |  FRIDAY, 24 APR 2026
Team Super members have been blocked from making online investment switches due to a "technical issue" stemming from a technology partner. Team Super confirmed to Financial Standard it is in the process of fixing the issue but did not specify which ...

ASIC reviews AFSLs over finfluencer concerns

ELIZA BAVIN  |  FRIDAY, 24 APR 2026
ASIC has issued warning notices to four finfluencers suspected of providing unlicensed financial advice or engaging in misleading or deceptive conduct, as well as commencing a review of several licensees and their supervision of 15 finfluencers operating ...

ASIC bans another former MWL adviser

ELIZA BAVIN  |  THURSDAY, 23 APR 2026
ASIC has banned Sydney-based former financial adviser John Morgan from providing financial services, controlling an entity that carries on a financial services business or performing any function involved in the carrying on of a financial services business ...

Perpetual AUM falls by $8.3bn in March quarter

RIDDHIMA TALWANI  |  WEDNESDAY, 22 APR 2026
Perpetual's total assets under management (AUM) declined by $8.3 billion to $219.2 billion in the March quarter. The decrease was due to unfavourable currency movements of $3.6 billion, net outflows of $2.8 billion and negative market movements of $1.9 ...

Praemium progresses automation, finalises local job cuts

KARREN VERGARA  |  WEDNESDAY, 22 APR 2026
Turbocharging its workforce automation, Praemium has finalised restructuring the local information technology division that made several jobs redundant and is on track to save $9 million in salary expenses. This includes cost savings from the closure ...

Chalmers teases release of performance test reforms

ELIZA BAVIN  |  WEDNESDAY, 22 APR 2026
Treasurer Jim Chalmers has teased the release of the superannuation performance test reforms, saying they should be expected "in the coming days or weeks". While Chalmers did not say what the reforms will be, he was clear about what he does not want ...

Nearly $12bn leaves Challenger in March quarter

KARREN VERGARA  |  TUESDAY, 21 APR 2026
Challenger saw $11.7 billion leave its funds management business in the third quarter, of which $3.4 billion came from negative market movements driven by the Middle East conflict. The lion's share of $8 billion were net outflows while the balance of ...

GCI Funds raises $125m for second strategic capital fund

MATTHEW WAI  |  FRIDAY, 17 APR 2026
Australian mid-market private credit asset manager GCI Funds has successfully raised $125 million for the launch of its second fund in its strategic capital series - the Strategic Capital Fund 2 - after raising $100 million for the first product in ...

Aussie private credit shows strength, lures offshore investors: Report

KARREN VERGARA  |  FRIDAY, 17 APR 2026
A new report reveals the strength of Australia's private credit sector compared to global markets, which is attracting substantial offshore capital, particularly from high-net-worth individuals, family offices and insurance companies. This is according ...