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ETF industry scales to new heights: VanEck

ANDREW MCKEAN  |  FRIDAY, 13 DEC 2024
... positive developments in the US. "The current euphoria surrounding bitcoin ETFs is anticipated to continue as the market is now in blue-sky territory, with greater adoption across the board," VanEck said. The top 10 ETFs by monthly returns for November ...

Crypto operator to fork out millions after court ruling

ANDREW MCKEAN  |  FRIDAY, 13 DEC 2024
... holding back blockchain investment and innovation in Australia. He argued the government has "lost control" and that ASIC is now playing policymaker. He said the regulatory stance taken by ASIC could risk stifling Australia's home-grown digital assets ...

Three universities ditch financial planning courses

KARREN VERGARA  |  FRIDAY, 13 DEC 2024
... a better time for young talent to join and help shape the future," he said. "Specialist degrees in financial planning are now offered at many universities, providing focused and practical training for the industry. Alternatively, students can pursue ...

Iress reinstates dividends

ELIZA BAVIN  |  FRIDAY, 13 DEC 2024
... delivering the expected benefits and earnings improvement," Price said. "With this momentum and the foundations for growth now in place, we are well placed to enter 2025 as a financially and strategically stronger, more streamlined business with dividends ...

Anne Fuchs takes on new role at ART

ELIZABETH FRY  |  THURSDAY, 12 DEC 2024
Highly experienced financial services expert Anne Fuchs now has a broader new role at Australian Retirement Trust. ART executive general manager for advice, guidance and education has been appointed executive general manager of advocacy and impact. ...

Scarcity Partners acquires stake of foreign investment firm

ANDREW MCKEAN  |  WEDNESDAY, 11 DEC 2024
... competitive edge in private markets. January Capital was founded by Benjamin Dunphy, Jason Edwards, and Jonathan Hodson. It now holds over $500 million in assets under management, with a portfolio of more than 60 companies collectively valued at over ...

Eyes on gaming, Chinese tech in 2025: Orbis

MATTHEW WAI  |  WEDNESDAY, 11 DEC 2024
... said the company has had "zero direct exposure" to Chinese equities over a prolonged period, and while that's changed now, he still warns it comes with risk and extreme volatility. "Given where valuations are today, we feel like we are being appropriately ...

Funds are 'getting back to basics', says report

ANDREW MCKEAN  |  TUESDAY, 10 DEC 2024
... 2022 and 2023, nearly half of the funds surveyed cited inflation as their primary macroeconomic concern. With price pressures now easing, these funds are shifting focus to the long-term drivers of economic and market outcomes, with close to 60% identifying ...

Perpetual-KKR deal hits tax bill snag

KARREN VERGARA  |  TUESDAY, 10 DEC 2024
... ATO's position, which revised its calculation of the tax liability emanating from the $2.18 billion transaction. Perpetual is now set to foot between $493 million and $529 million - substantially higher than the initial estimates of between $106 ...

AFCA completes independent review of operations

ELIZA BAVIN  |  MONDAY, 9 DEC 2024
... innovation." Smith said the completion of the program does not mean work on enhancing AFCA's service would stop and that it is now focused on its next set of strategic priorities and is committed to ongoing improvement. "AFCA's three-year strategic priorities ...