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Perpetual rejects EQT bid again as growth continues

VINNY VUCAGO  |  WEDNESDAY, 29 JUL 2026
... remaining on track to complete in the final quarter of calendar 2026. Perpetual also said total expense growth for FY26 is now expected to be at the lower end of its previously guided 1% to 2% range, reflecting favourable foreign exchange movements and ...

CFS strengthens managed accounts menu

RIDDHIMA TALWANI  |  TUESDAY, 28 JUL 2026
... 2025, reinforcing CFS's focus on delivering solutions to support clients in and approaching retirement," it said. "This menu now offers advisers and clients the choice of over 185 portfolios from 32 leading portfolio managers." CFS recently also expanded ...

Special Feature: Beyond safekeeping

BRENDAN SWIFT  |  MONDAY, 27 JUL 2026
... consolidating, their portfolios are expanding into illiquid private markets, and the data demands they place on custodians now stretch far beyond anything a traditional mandate envisaged. When Aware Super's head of investment services Michael Nairn ...

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 ...

Advisers lean on AQF7 to meet education standards: Rainmaker

MATTHEW WAI  |  FRIDAY, 24 JUL 2026
... lower recorded education level is not evidence of non-compliance. Rainmaker noted the pathway to reaching these standards is now shrinking, as platforms and dealer groups "competing for adviser share can segment on route." "... pathway-reliant books ...

Jobs data surprises on the upside, rate hike on the cards

RIDDHIMA TALWANI  |  FRIDAY, 24 JUL 2026
... netted to a close to flat result, which has meant that the three-month average and the six-month average for employment are now both running at 27,000 jobs, which is solid job creation and enough to, in a trend sense, keep the unemployment rate steady," ...

Labor commits to compulsory super for under-18 workers

RIDDHIMA TALWANI  |  FRIDAY, 24 JUL 2026
... Labor's policy platform is an encouraging step towards more equitable retirement outcomes for the fund's younger members. "Right now, a 15-year-old and an 18-year-old could work side by side in the same job, but only one of them would be entitled to ...

Fund managers unsure about expenditures on AI

MATTHEW WAI  |  THURSDAY, 23 JUL 2026
... innovation. Meanwhile, AI has already been embedded in fund managers' operations, investment decisions and risk management, as 43% now use AI for 25-49% of their investment decision-making, while 10% rely on it for "the majority" of their investment ...

Viridian promotes to investment team, launches Infinity

KARREN VERGARA  |  WEDNESDAY, 22 JUL 2026
... executive Raamy Shahien said the newly created positions are designed to support the next phase of growth for Infinity, which now manages more than $5.5 billion on behalf of clients. "The advice market has evolved significantly over the past decade. ...

Crole exits Sequoia effective immediately

KARREN VERGARA  |  WEDNESDAY, 22 JUL 2026
... following the resignation of Scott Beeton. In 1988, he founded Deakin Financial Planning, which was later acquired by IOOF (now Insignia) in 2011. He then launched InterPrac in 2003, which was subsequently acquired by Sequoia. Crole said: "It has been ...