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KeyInvest unveils new investment platform, awards mandate

MATTHEW WAI  |  MONDAY, 22 JUN 2026
... access to specialist strategies, with the first offering focusing on private credit. The KeyInvest Senior Debt Income Fund is now available to wholesale investors and invests in senior secured loans backed by first-ranking mortgages over real assets ...

Start-ups, small businesses win CGT reform carveouts

KARREN VERGARA  |  FRIDAY, 19 JUN 2026
... of a consultation paper on the trust legislation. "That's obviously not part of this first tranche before the Senate. Now, it's not unusual for there to be a number of pieces of legislation to give effect to major tax reforms and that's what ...

Aware Super sells majority stake in water portfolio

ELIZA BAVIN  |  FRIDAY, 19 JUN 2026
... completion of Odin marks a critical milestone in the fund's evolution as a sophisticated global asset owner. "With Aladdin now in place, we have a modern, institutional-grade platform that enables our investment teams to make faster, better-informed ...

HSBC Bank fined $35m in landmark scam-protection failures

KARREN VERGARA  |  FRIDAY, 19 JUN 2026
... occurred. ASIC chair Sarah Court commented: "Banks have been well on notice about the risks of scams for some time. They have now been given a clear message to have adequate controls and ensure their interactions with scam victims help - not hinder." ...

Passive ETFs continue to dominate domestic market

MATTHEW WAI  |  FRIDAY, 19 JUN 2026
... past decade, index ETF flows have increased more than tenfold on a monthly average basis. This reflects the growing role ETFs now play in portfolio construction, as investors and financial advisers increasingly turn to transparent, cost-effective and ...

Block Earner found to have offered an unlicensed financial product

MATTHEW WAI  |  THURSDAY, 18 JUN 2026
... laws in Australia." There has been no finding of customer loss, dishonesty, or misconduct, Block Earner said. The matter will now be returned to the Full Court of the Federal Court.

APRA embeds geopolitical risks management ground rules

KARREN VERGARA  |  THURSDAY, 18 JUN 2026
... Corporate Plan previously flagged the regulator will focus on lifting geopolitical risk readiness. "Entities also need to act now through their own governance, risk management and crisis preparedness practices," APRA chair John Lonsdale said. "Entities ...

Acenda in the hot seat over enterprise agreement

MATTHEW WAI  |  THURSDAY, 18 JUN 2026
... is the first for Acenda since it was created through the merger of MLC Life and Resolution Life in October 2025. The FSU is now calling for an improved offer that ensures the mentioned issues are rectified. The ballot begins next week and runs until ...

Capstone joins forces with PictureWealth to form $22bn FUA planning network

MICHELLE BALTAZAR  |  WEDNESDAY, 17 JUN 2026
... maintaining continuity in their existing relationships," said David Pettit, founder and managing director of PictureWealth. "We are now entering a structured discovery phase whereby any future enhancements will be carefully considered and communicated ...

Mercer reviews small caps, Aussie equities mandates

KARREN VERGARA  |  WEDNESDAY, 17 JUN 2026
... they were 0.17% respectively. Australian Small Companies Fund's buy and sell spreads were 0.29% respectively. They are now 0.24% respectively. Mercer said it revised the buy and sell spreads to reflect the latest available buy and sell spread costs ...