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Showing 151 - 160 of 1041 results for matthew wai

Centuria quashes governance allegations amid fund downgrades

MATTHEW WAI  |  FRIDAY, 24 JUL 2026
Centuria Capital Group (CNI) has swiftly provided a response to media reports suggesting that its exposure to the Bathla Group, a Sydney-based property constructor and developer, raised questions over its governance, following a downgrade of one of ...

ASIC simplifies guidance to improve capital raising activity

MATTHEW WAI  |  THURSDAY, 23 JUL 2026
ASIC is simplifying the sell-side regulatory guidance in a move to spike capital raising activity, in line with its simplification effort which commenced in September 2025. The proposed revamp of Regulatory Guide 264 Sell-Side Research (RG 264) is in ...

Fund managers unsure about expenditures on AI

MATTHEW WAI  |  THURSDAY, 23 JUL 2026
While budgets for artificial intelligence (AI) capabilities continue to grow across the fund management industry, many aren't sure if they are spending the right amount, new Clearwater Analytics research found. According to the study, which included ...

Acclaim Wealth makes C-suite appointment in newly created role

MATTHEW WAI  |  THURSDAY, 23 JUL 2026
Acclaim Wealth has promoted its head of adviser services into a newly created C-suite role to reflect the company's continued growth and focus on enhancing service delivery to its national adviser network. Aimie West extends her eight-year tenure ...

Macquarie chief to step down after eight years at the helm

MATTHEW WAI  |  THURSDAY, 23 JUL 2026
After nearly four decades at Macquarie, chief executive and managing director Shemara Wikramanayake will retire from the role in November. Current head of banking and financial services Greg Ward has been named as Wikramanayake's successor, effective ...

Middle East conflict, inflation continues to weigh on confidence

MATTHEW WAI  |  WEDNESDAY, 22 JUL 2026
Although consumer confidence has increased slightly according to ANZ's index, weaker personal finance and the economic outlook continue to halt confidence. The ANZ-Roy Morgan Australian Consumer Confidence index rose just 0.3 points to 75.6 in the week ...

Praemium reaches $78bn in FUA with HNW focus

MATTHEW WAI  |  WEDNESDAY, 22 JUL 2026
The company said its effort targeting the high-net-worth segment has worked out to its favour, as performances across its platform and non-custodial portfolio administration business have pushed its total funds under administration (FUA) to $77.9 billion ...

Rest calls for better alignment in default options

MATTHEW WAI  |  TUESDAY, 21 JUL 2026
Rest conducted a survey addressing concerns around the ambiguity of standardised investment options and product labels. As a result, the industry fund is now calling for the government to strengthen alignment within the industry. The survey collected ...

HUB24 FUA soars over $164bn

MATTHEW WAI  |  TUESDAY, 21 JUL 2026
HUB24 performed soundly in the quarter ending 30 June 2026, with total funds under administration (FUA) increasing 20% from the previous corresponding period to $164.3 billion. The total FUA comprised platform FUA of $139.5 billion (up 24%) and portfolio ...

New alternative investment firm lands in Sydney

MATTHEW WAI  |  MONDAY, 20 JUL 2026
A pair of Remara directors, along with an iPartners private credit specialist, have joined forces to launch a new alternative investment firm, targeting an underserved segment across the private credit market. Timothy Wilson, Blake Velkovski and Haim ...