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| | | Pinnacle Investment Management's funds under management grew 9% to $100.1 billion, buoyed by a strong market rally and overseas investor inflows. The $8.2 billion FUM increase in the first half of financial year 2024 comprised net inflows of $4.5 ... |
| | | | After lagging equities the past two years, real estate investment trusts (REITs) are an attractive investment opportunity in 2024, according to Principal Asset Management. In a recent outlook report for listed REITs, Principal Asset Management chief ... |
| | | | Several major superannuation funds such as UniSuper, Aware Super, and Equip Super continue to invest in global weapons companies despite growing concerns among members, particularly as the Israel-Hamas war escalates. This includes France's Thales ... |
| | | | The banking giant was found to have engaged in unconscionable conduct in the interest rate swap case borne out of AustralianSuper and IFM Investors' acquisition of part of Ausgrid in 2016. In October 2016, Westpac engaged in pre-hedging of an interest ... |
| | | | The $124 billion super fund will welcome a new chief risk officer this month, making the jump from Cbus. Wade Martin will join UniSuper in the role on February 21. He is currently chief risk officer at Cbus, a role he's held since August 2019. Martin ... |
| | | | Annual inflation in December 2023 was 4.1%, down from 5.4% the previous quarter, but still above the Reserve Bank of Australia's (RBA) 2-3% target band. This marks the fourth consecutive quarter of declining annual inflation, down from a peak of 7.8% ... |
| | | | From tomorrow, Australian companies with 100 or more staff must publish the median pay gap between their male and female employees. While it sounds simple enough, some experts believe corporates are not prepared for what's to come. The Workplace ... |
| | | | Schroder Investment Management is terminating its Asian shares offering, citing a lack of demand. Schroders ceased accepting applications and redemptions for the Schroders Asian Shares Fund last month, saying the decision was made after careful consideration ... |
| | | | The family who rescued Darrell Lea from voluntary administration more than a decade ago has now saved iconic dessert brand, Sara Lee. Sara Lee's administrators at FTI Consulting announced on Monday that the company, which went into voluntary administration ... |
| | | | Sydney-based property magnate and philanthropist Lang Walker has passed away, aged 78. Walker, who alongside his father Alec formed the privately-owned property development company Walker Corporation over 50 years ago, has been remembered as a nation-builder ... |
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