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Showing 1 - 10 of 18828 results for "ACT"

Talaria warns S&P concentration erodes diversification

VINNY VUCAGO  |  FRIDAY, 24 JUL 2026
More than 90% of the world's investable assets now move in line with the S&P 500, prompting concerns that investors may be far less diversified than they believe, according to Talaria Asset Management. Speaking in Sydney, Talaria co-chief investment ...

State Street IM Australian investments lead to retire

KARREN VERGARA  |  FRIDAY, 24 JUL 2026
State Street Investment Management (SSIM) head of investments for Australia Jonathan Shead will step down next month. Shead will retire on August 28 after spending 26 years with the group, working in various State Street Global Advisor (SSGA) roles ...

Trump slugs Australia with new 'forced-labour' tariffs

KARREN VERGARA  |  FRIDAY, 24 JUL 2026
... February 20, the US Supreme Court terminated the reciprocal tariffs imposed under the International Emergency Economic Powers Act in April 2025. The court deemed the Liberation Day policies unlawful. Trump subsequently imposed a global, blanket 10% Temporary ...

ASIC bans former NextGen Financial Group directors

KARREN VERGARA  |  FRIDAY, 24 JUL 2026
ASIC banned two former NextGen Financial Group directors from working in financial services for three years for failing to comply with Australian Financial Complaints Authority (AFCA) determinations. Nicholas Duncan Jeremy Brookes and Vittorio Vincenzo ...

Macquarie chair provides 'cautious' outlook at AGM

ELIZA BAVIN  |  THURSDAY, 23 JUL 2026
Macquarie Group provided an update on the first quarter of its 2027 financial year, with outgoing chief executive Shemara Wikramanayake saying trading conditions were "satisfactory" for the three months to 30 June 2026. Macquarie Asset Management (MAM) ...

Aussie Olympian's brother sentenced over crypto scam

RIDDHIMA TALWANI  |  THURSDAY, 23 JUL 2026
The brother of Australian breakdancing Olympian 'Raygun' has been sentenced 12 months' imprisonment for his role in a global cryptocurrency scam. Earlier in the year, former finance director Brendan Gunn pleaded guilty to dealing with more ...

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 ...

Global X launches global SMID ETF

VINNY VUCAGO  |  WEDNESDAY, 22 JUL 2026
Global X ETF has expanded its international equity range with the launch of the Global X MSCI International Small and Mid-Cap ETF (ASX: ISMD), offering Australian investors low-cost exposure to small- and mid-cap companies across developed markets outside ...

Crole exits Sequoia effective immediately

KARREN VERGARA  |  WEDNESDAY, 22 JUL 2026
... subsidiaries. Crole exits amidst corporate regulator ASIC's action against InterPrac, alleging its advisers failed to act in clients' best interests. Together, InterPrac representatives Venture Egg and Rhys Reilly Pty Ltd advised about 6843 clients ...
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