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Showing 1 - 10 of 1789 results for "digital"

Investment managers embracing AI: Mercer

ANDREW MCKEAN  |  THURSDAY, 28 MAR 2024
... lead the way, with 61% of managers seeing significant prospects for value creation, followed by hedge funds at 53% and digital assets at 45%. Meanwhile, 47% of managers see significant potential for value creation in fixed income. "In the fixed income ...

HMC Capital acquires asset manager

ELIZA BAVIN  |  THURSDAY, 28 MAR 2024
HMC Capital has successfully acquired North American Digital Infrastructure asset manager StratCap in a deal worth $43.7 million. HMC Capital announced its intention to acquire the company in its 1H FY24 results on February 20. The transaction is expected ...

New SMSF solution for Islamic Australians launched

ELIZA BAVIN  |  MONDAY, 25 MAR 2024
... SMSF, was repaid as rent and dividends rather than interest. The SMSF initiative follows Meezan's launch of a low-cost digital investing solution for the wider Australian Muslim community last year that also includes providing access to Islamic pensions ...

ASIC warns it can't take action on every case of misconduct

ELIZA BAVIN  |  THURSDAY, 21 MAR 2024
... operations of several industry participants. "Whatever the regime, however, if you are operating a business engaged in digital assets, the onus is on you to satisfy yourself that you are operating within the law," he said. "That is, you have the appropriate ...

Financial services class actions surge

JAMIE WILLIAMSON  |  WEDNESDAY, 20 MAR 2024
... follow any regulatory prosecutions or shareholder activism in this space." Finally, potential class actions involving digital asset platforms are an emerging area of risk, Allens said. "While we have seen only one crypto-based class action in Australia ...

Policymakers face significant challenge in regulating AI

ELIZA BAVIN  |  TUESDAY, 19 MAR 2024
... and will successfully capture the value in AI. "Nevertheless, we have previously said we view AI as the fourth wave of digital technology after the PC, internet and mobile phones, and this view hasn't changed," he said. "We believe AI will be the key ...

AustralianSuper engages TAL to create retirement option

ELIZA BAVIN  |  TUESDAY, 19 MAR 2024
... flexible lifetime income options, alongside access to guidance and financial advice, and supported by leading technology and digital capabilities." The new 'income for life' option is expected to be available in early 2025.

Selfwealth expands leadership team

JAMIE WILLIAMSON  |  THURSDAY, 14 MAR 2024
... Janelle McQueen-Paice has joined as chief experience officer, coming over from MLC Life Insurance where she was head of digital and CX for about 16 months. She has also held lead roles with BT and Westpac over a 25-year career in wealth management. "Janelle's ...

Bitcoin hits fresh high as investors await halving event

ELIZA BAVIN  |  WEDNESDAY, 13 MAR 2024
Bitcoin has hit a new all-time high, surpassing US$72,000 ($100,000) for the first time since the digital asset's inception. The latest price boost was underscored by an increased acceptance of Bitcoin by mainstream financial institutions with the UK's ...

Experts issue warning over AI washing

ANDREW MCKEAN  |  MONDAY, 11 MAR 2024
... (AI) is perhaps the most transformative technology since the advent of the internet, poised to herald an unprecedented digital economic revolution. To appear at the precipice of the movement, some are employing deceptive tactics tantamount to AI washing ...
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