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Showing 11 - 20 of 2344 results for "Advance"

APRA warns super trustees over AI adoption

VINNY VUCAGO  |  THURSDAY, 30 APR 2026
The Australian Prudential Regulation Authority (APRA) has called on superannuation trustees, insurers and to significantly lift their approach to managing artificial intelligence (AI) risks, warning current practices are not keeping pace with rapid ...

UBS Global Wealth Management wins mandate

KARREN VERGARA  |  WEDNESDAY, 29 APR 2026
UBS Global Wealth Management (UBS GWM) has been awarded an investment adviser mandate by the Peter MacCallum Cancer Foundation for the third time running. Peter MacCallum Cancer Foundation chief executive Craig Connelly said the long-standing partnership ...

Macquarie sells stake in US utility provider

RIDDHIMA TALWANI  |  TUESDAY, 28 APR 2026
As part of a consortium, Macquarie Asset Management is selling its stake in Cleco, an electricity utility firm in the US, to Stonepeak and Bernhard Capital Partners. The consortium includes Macquarie Asset Management, British Columbia Investment Management ...

HUB24 sees $4bn net inflows, advances HTFS takeover

ELIZA BAVIN  |  TUESDAY, 21 APR 2026
... existing relationships, HUB24 is well positioned for sustained growth." In addition to the strong results, HUB24 said it will advance its acquisition of HTFS Nominees. HTFS Nominees became trustee of HUB24 Super in 2020, replacing Diversa Trustees. Following ...

Nearly $12bn leaves Challenger in March quarter

KARREN VERGARA  |  TUESDAY, 21 APR 2026
Challenger saw $11.7 billion leave its funds management business in the third quarter, of which $3.4 billion came from negative market movements driven by the Middle East conflict. The lion's share of $8 billion were net outflows while the balance of ...

Future Fund defends itself over staff exits

ELIZA BAVIN  |  MONDAY, 20 APR 2026
Australia's sovereign wealth fund has released a statement after reports alleging chief executive Raphael Arndt's leadership style may be forcing staff out the door. A report in the Australian Financial Review suggested some employees have described ...

K2 AM to close small cap ETF

KARREN VERGARA  |  MONDAY, 20 APR 2026
K2 Asset Management (KAM) is shutting its small cap ETF for failing to achieve sufficient scale after nearly 11 years. The K2 Australian Small Cap Hedge Fund Complex ETF (ASX: KSM) is winding down with the last trading day set for May 15. Incepted on ...

GCI Funds raises $125m for second strategic capital fund

MATTHEW WAI  |  FRIDAY, 17 APR 2026
Australian mid-market private credit asset manager GCI Funds has successfully raised $125 million for the launch of its second fund in its strategic capital series - the Strategic Capital Fund 2 - after raising $100 million for the first product in ...

Global economy 'drifting' to adverse scenario: IMF

RIDDHIMA TALWANI  |  WEDNESDAY, 15 APR 2026
International Monetary Fund (IMF) director of research Pierre-Olivier Gourinchas said with each passing day that disruption continues in the Middle East, the global economy is drifting closer to the adverse scenario of its projections. The IMF has downgraded ...

Cbus names new chief technology officer

ELIZA BAVIN  |  THURSDAY, 9 APR 2026
Cbus has appointed Amanda Hagan as its chief technology officer, having not had one since 2024. Cbus said Hagan brings decades of executive leadership experience across healthcare, energy and financial services, with a keen focus on technology development ...