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Showing 221 - 230 of 11906 results for "BAC"

Sovereign funds, instos raise $217m for Qld space tech developer

MATTHEW WAI  |  WEDNESDAY, 21 JAN 2026
A group of institutional investors, including various super funds, and the National Reconstruction Fund Corporation (NRFC), Australia's sovereign investor in manufacturing capability, have formed a conglomerate to raise more than $217 million for ...

The revolving door of opportunities for advisers in 2026

ANGELIQUE MINAS  |  WEDNESDAY, 21 JAN 2026
The new year opens a window of opportunities for financial advisers amid a volatile global market and growing geopolitical tensions. One of the major opportunities in 2026 that is tipped to garner huge demand for financial advice is retirement. "There ...

Investment managers ramp up AI use in front offices

RIDDHIMA TALWANI  |  TUESDAY, 20 JAN 2026
Seventy percent of buy-side firms, including asset managers, pension funds and insurance companies, are adopting artificial intelligence (AI) in front offices, while more than half are scaling implementation. The 2026 Global InvestOps report from SimCorp ...

ASIC returns $40m of CFD losses

ELIZA BAVIN  |  TUESDAY, 20 JAN 2026
ASIC has secured the return of nearly $40 million to more than 38,000 retail investors as it continues to drive substantial compliance improvement across Australia's contracts for difference (CFD) sector following a whole of industry review. CFDs ...

Alexis George to retire, new AMP chief named

JAMIE WILLIAMSON  |  TUESDAY, 20 JAN 2026
Alexis George is stepping down at AMP, with chief financial officer Blair Vernon named as her successor. George will retire from executive roles on March 30, bringing to an end more than 30 years in financial services. George joined AMP in August 2021 ...

Oxfam calls for net wealth tax

ELIZA BAVIN  |  MONDAY, 19 JAN 2026
The average Australian billionaires' wealth grew by almost $600,000 a day in the past year, or over $10.5 billion collectively, Oxfam research found. Globally, billionaire wealth jumped by over 16% in 2025, three times faster than the past five-year ...

BlackRock, State Street see assets climb

RIDDHIMA TALWANI  |  MONDAY, 19 JAN 2026
BlackRock's assets under management (AUM) have hit US$14 trillion in the fourth quarter ending December 2025, while State Street reported a 20% jump in its AUM. BlackRock's boost in assets follows a record US$698 billion of net inflows for the full ...

Performance test changes not necessary: ART

ELIZA BAVIN  |  FRIDAY, 16 JAN 2026
Following Treasurer Jim Chalmers' Economic Roundtable last year, changes to the superannuation performance test were flagged as a tool that could allow funds to invest in more diverse asset classes without worrying about failure. However, Australian ...

Blackstone promotes first private wealth hire

ELIZABETH FRY  |  THURSDAY, 15 JAN 2026
Blackstone, the world's largest alternative asset manager, has promoted a Sydney staffer to managing director. Lisa Rose has started a new position as managing director of private wealth just one year after being appointed principal at the US$1.2 ...

Fairlight adds Sydney partner

ELIZABETH FRY  |  THURSDAY, 15 JAN 2026
Fairlight Capital Partners has appointed a new partner as it continues to tap into the Australian adviser and family office markets. William George joins the employee-owned firm from his role as associate director of The Table Club, an Australian family ...