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Showing 121 - 130 of 22264 results for "GROW"

RBA hikes rates, suggests more to come

ELIZA BAVIN | WEDNESDAY, 6 MAY 2026

The Reserve Bank of Australia (RBA) hiked interest rates by 0.25% at the May meeting, bringing the official cash rate to 4.35%. This hike has now fully reversed the 75bps of cuts delivered last year and the cash rate is now in-line with its peak during ...

Perpetual to overhaul J O Hambro

KARREN VERGARA | WEDNESDAY, 6 MAY 2026

Perpetual flagged its mission to revive the lacklustre performance of boutique J O Hambro Capital Management (JOHCM) and boost its assets to $60 billion by 2030. The multi-boutique singled out JOHCM at a recent industry conference, saying restoring ...

DigiCo offloads US asset for $1bn

ELIZA BAVIN | WEDNESDAY, 6 MAY 2026

DigiCo - HMC Capital's infrastructure REIT - has offloaded a Chicago-based asset for just over $1 billion (US$750m) at a 5% premium, increasing its liquidity to around $900 million. This comes after DigiCo was forced to withdraw its application for ...

Northern Trust appoints APAC head of industry development

VINNY VUCAGO | WEDNESDAY, 6 MAY 2026

Northern Trust has appointed David Sara as regional head of industry development for Asia Pacific, as the custodian looks to deepen engagement with asset owners and accelerate growth across the region. Based in Melbourne, Sara will focus on strengthening ...

Atlas Arteria rejects 'exploitative' IFM takeover bid

RIDDHIMA TALWANI | WEDNESDAY, 6 MAY 2026

Atlas Arteria has recommended shareholders reject IFM's hostile takeover bid, calling it "too low, opportunistic and highly conditional". The toll road operator said each independent director will reject IFM's offer and told shareholders to simply ignore ...

Income support system cannot handle claims surge: CALI

VINNY VUCAGO | WEDNESDAY, 6 MAY 2026

Australia's support income system is facing significant strain, with a sharp rise in people unable to work due to illness or injury, particularly mental health conditions. New research commissioned by the Council of Australian Life Insurers (CALI) ...

Alter Domus to acquire MSC Group

KARREN VERGARA | WEDNESDAY, 6 MAY 2026

Global administrator Alter Domus will take over MSC Group as it expands its footprint in Asia Pacific. The acquisition of MSC Group will allow Alter Domus to add trustee, custody and debt capital markets services to its administration offering in Australia ...

Vision Super to close Diversified Bonds option

KARREN VERGARA | WEDNESDAY, 6 MAY 2026

Vision Super is shutting its $24.5 million Diversified Bonds investment option due to low member demand. As at December 2025, the option represented less than 0.08% of total funds under management, Vision Super said, adding the trustee regularly reviews ...

Clearer distinction of advice required around aged care costs: Review

MATTHEW WAI | WEDNESDAY, 6 MAY 2026

A recent review has outlined the need for a proper distinction between financial advice and information obtained from aged care providers when it comes to understanding the costs and financial impact of residential aged care accommodations. The Independent ...

Magellan awards $5.3bn global equities mandate

ELIZA BAVIN | TUESDAY, 5 MAY 2026

Magellan Financial Group has announced proposed changes to the investment management arrangements for its global equities strategy. The Magellan Global Fund - Open Class Units - Active ETF (ASX: MGOC) and the Magellan Global Fund Hedged investment strategy ...

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BT appoints new head of strategy

KARREN VERGARA

A former Allianz Retire+ executive has joined BT as the new head of strategy.

ASX sees trade volumes soar in May

MATTHEW WAI

ASX saw a substantial growth in trade volumes last month, despite continued lackluster movement in IPOs.

Otivo launches AI-powered financial advice

MATTHEW WAI

Otivo has launched a mobile app for Australians to access licensed advice powered by AI.

Munro expands access to climate focused fund

VINNY VUCAGO

The Munro Global Growth Climate Leaders PIE Fund has been opened to retail investors in New Zealand.

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