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Showing 131 - 140 of 7408 results for "MAI"

Influx of data weighing on legacy systems

ELIZA BAVIN  |  WEDNESDAY, 18 MAR 2026
As asset managers are inundated with an influx of data daily, Macquarie Group principal engineer Ranjit Singh told the 2026 AM Tech Day event in Sydney that legacy systems are standing in the way. Singh said legacy systems create a multitude of challenges ...

Another RBA hike in May 'not a done deal'

ELIZA BAVIN  |  WEDNESDAY, 18 MAR 2026
The Reserve Bank of Australia (RBA) hiked the cash rate by 0.25% to 4.1% at yesterday's meeting, citing a "material risk" that inflation will stay above the central bank's target range of 2-3%. The decision to hike was all but split, with five voting ...

Treasury proposes advice education standard reforms

KARREN VERGARA  |  TUESDAY, 17 MAR 2026
Treasury is proposing to overhaul the curriculum and learning outcomes for new entrants in financial advice, admitting that current requirements are "excessive compared to other professions". The new consultation proposes the pathway to becoming a financial ...

ASIC warns Gen Z against chasing unrealistic crypto gains

RIDDHIMA TALWANI  |  MONDAY, 16 MAR 2026
ASIC has warned younger Australians that cryptocurrency and the like could be setting them up for failure, setting unrealistic expectations on returns, price volatility and long-term investing. A national survey conducted by YouGov found around one ...

Clime offloads advice business, keeps 10% stake

KARREN VERGARA  |  MONDAY, 16 MAR 2026
Clime Investment Management is offloading its financial advice unit for $6.5 million to an unnamed group but will retain a 10% interest in the newly combined business. Clime Advice, which has $2 billion in funds under advice (FUA), will continue to ...

First Super names acting chief executive

ELIZA BAVIN  |  MONDAY, 16 MAR 2026
First Super has named current deputy chief executive Greg Everett as acting chief executive, effective today. Everett steps into the acting chief executive role following the resignation of Bill Watson in early January. Everett joined First Super as ...

Janus Henderson says Victory deal could leave it 'gravely damaged'

RIDDHIMA TALWANI  |  FRIDAY, 13 MAR 2026
Janus Henderson has said the takeover bid by Victory Capital is not a superior proposal to the Trian Fund Management offer and will not be in the best interest of its shareholders. Stating the offer by Victory Capital presented significant consummation ...

FEAL names Fund Executive of the Year

ELIZA BAVIN  |  FRIDAY, 13 MAR 2026
The 2026 FEAL Fund Executive of the Year was awarded to CareSuper chief executive Jason Murray. FEAL said Murray received the award in recognition of his outstanding leadership through two mergers, his innovative member first service model and his significant ...

GQG's investment performance outpaces outflows

ELIZA BAVIN  |  WEDNESDAY, 11 MAR 2026
GQG Partners has recorded yet another month of outflows, seeing $4.5 billion (US$3.2bn) leave the business in February. Despite this, investment performance saw $14.76 billion (US$10.5bn) added, taking funds under management (FUM) from $232.86 billion ...

Infocus reinforces focus on adviser support, governance with new hire

MATTHEW WAI  |  TUESDAY, 10 MAR 2026
Infocus has named its head of professional standards, hiring from Count. Phil Creswell has joined the national advice group, where he will oversee adviser audits, quality advice coaching, business health checks and adviser support, helping to ensure ...