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Showing 271 - 280 of 11103 results for "Account"

Clime offloads advice business, keeps 10% stake

KARREN VERGARA  |  MONDAY, 16 MAR 2026
Clime Investment Management is offloading its financial advice unit for $6.5 million to an unnamed group but will retain a 10% interest in the newly combined business. Clime Advice, which has $2 billion in funds under advice (FUA), will continue to ...

Bain Capital to acquire Perpetual's wealth management unit

KARREN VERGARA  |  MONDAY, 16 MAR 2026
Following months of due diligence, Bain Capital will acquire Perpetual's wealth management business for $550 million. The two parties entered the binding agreement that will see Perpetual license its Perpetual Wealth and Perpetual Private brands ...

Global X to tap humanoid robotics boom

JAMIE WILLIAMSON  |  FRIDAY, 13 MAR 2026
... viable. Europe is leading the charge in terms of expansion, with Europe having strong expertise in actuator systems, which account for around half of production costs. China also stands to benefit as demand for copper, lithium, aluminium, nickel and ...

AFCA expands scam-related complaints, publication rules

KARREN VERGARA  |  FRIDAY, 13 MAR 2026
Expanding its jurisdiction, the Australian Financial Complaints Authority (AFCA) will now publish the names of financial firms that do not meet determinations and investigate scam-related complaints involving receiving banks. AFCA now can publicise ...

Perpetual CIO jumps to Pinnacle

ELIZABETH FRY  |  THURSDAY, 12 MAR 2026
Perpetual's outgoing chief investment officer is set to join Pinnacle Investment Management, which is launching a new managed accounts offering for clients. Kyle Lidbury will join as the chief investment officer of a newly created affiliate. Pinnacle ...

Dexus strengthens infrastructure push with new hire

ELIZABETH FRY  |  THURSDAY, 12 MAR 2026
Dexus has bolstered its real assets platform with a new senior investment hire. The group has appointed Sally Box to the newly created role of head of growth market funds, with day-to-day responsibility for the Dexus Community Infrastructure Fund. As ...

Fixed income becoming an ETP staple: Rainmaker

RIDDHIMA TALWANI  |  THURSDAY, 12 MAR 2026
Rainmaker Information's latest report on exchange traded products (ETP) said fixed income is normalising as a core allocation. It said flow trends have shifted meaningfully from 2022 when equity income strategies were in high demand as investors ...

Aussie super funds eye global partnerships at US summit

RIDDHIMA TALWANI  |  WEDNESDAY, 11 MAR 2026
... opportunities to grow and invest globally - this global approach improves our overall portfolio diversification." US investments account for about half of ART's private market assets totaling to $41 billion. Some $66 billion account for about one quarter ...

Australians like AI, reluctant to trust it on financial decisions: Survey

RIDDHIMA TALWANI  |  WEDNESDAY, 11 MAR 2026
Australians are increasingly using artificial intelligence (AI) in their daily lives, but most remain reluctant to trust it with decisions about their money. Research by Colonial First State (CFS) found while familiarity with AI is growing, human judgement ...

ASIC has 'strong appetite' to hold boards to account

ELIZA BAVIN  |  WEDNESDAY, 11 MAR 2026
... against Star Entertainment, ASIC chair Joe Longo said the regulator will not shy away from holding company directors to account. The Federal Court found two former senior executives of Star breached their duties in relation to the handling of risks associated ...