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L1 Group profit jumps 97%, raises post-merger synergy target

RIDDHIMA TALWANI  |  MONDAY, 17 AUG 2026
... is nearing completion and cost synergies of $31.7 million have already been realised since the merger was announced. It has now increased its target cost synergies from $35 million to $43 million, with a further $11 million expected to be realised during ...

Fiducian Group statutory profit falls 28%

MATTHEW WAI  |  MONDAY, 17 AUG 2026
... overall growth driven by a combination of new inflows and market appreciation. Funds under administration attributable to IFAs now represent around 13% of the total, Singh said. The introduction of its diversified funds through separately managed accounts ...

FEATURE: Cryptocurrency, control and confidence

VINNY VUCAGO  |  SATURDAY, 15 AUG 2026
... been vulnerable to get-rich-quick schemes." What has changed is the speed and sophistication of with which those messages are now spread. "Social media turbocharges that appeal," she says, noting that a lot of ads play on people's fears that they ...

NZ Super updates sustainable investment policy

MATTHEW WAI  |  FRIDAY, 14 AUG 2026
... said. "Human rights considerations remain integral to the Guardians' Sustainable Investment Policy. Our policy documents now explicitly record our long-standing position that human rights is a key ESG issue for us."

L1 Group backs former analyst's hedge fund venture

KARREN VERGARA  |  FRIDAY, 14 AUG 2026
... Capital, having joined the firm in February 2018. Prior to funds management, Lin co-founded health technology company CliniCloud, now known as Cortical Labs, and he worked as a senior associate consultant at Bain & Company for two years. Lin is a qualified ...

J.P. Morgan launches active Aussie equity ETF

MATTHEW WAI  |  FRIDAY, 14 AUG 2026
... also brings J.P. Morgan Asset Management's assets under management to over $433 billion (US$308bn) in active ETFs. "This now means we have ETFs that span US and international equities, global fixed income and now Australian equities," J.P. Morgan ...

ASX profits slump as ASIC inquiry costs bite

ELIZA BAVIN  |  THURSDAY, 13 AUG 2026
... findings seriously. We recognise the important role we play as a steward of critical market infrastructure, and our focus is now firmly on making changes to strengthen ASX," Yip said. "Our elevated expense profile reflects the investment needed to deliver ...

Space, semiconductor ETFs worst performers in July

RIDDHIMA TALWANI  |  THURSDAY, 13 AUG 2026
... traditional equity income products. May and June were dominated by flows into equity index income strategies, but investors are now seeking income from a wider range of sources, including bonds and infrastructure," Global X said. "The standout was bond ...

RBA on hold but keeps door open for more hikes

ELIZA BAVIN  |  WEDNESDAY, 12 AUG 2026
... far has been less than expected.' It's also hard to tell how long and protracted the war will turn out to be. "In short, it now seems likely the Reserve Bank can remain on hold this year provided it is not forced to revise up its inflation forecasts ...

DASH appoints new chief executive

KARREN VERGARA  |  WEDNESDAY, 12 AUG 2026
... acquired Integrated Portfolio Solutions (IPS) and entered a strategic partnership with global alternatives fintech S64. It now trades as DASH Private, a non-custodial platform designed for private clients, family offices and investment professionals. ...