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Showing 11 - 20 of 22073 results for "Dec"

Managed account FUM jumps to $315bn

RIDDHIMA TALWANI  |  THURSDAY, 1 OCT 2026
Managed accounts funds under management (FUM) grew by $22.1 billion in the six months to June 2026 reaching $315 billion, according to the latest census by The Institute of Managed Account Professionals (IMAP). The industry reported net inflows of $12.14 ...

Brookfield AM managing partner calls time

MATTHEW WAI  |  THURSDAY, 1 OCT 2026
A Brookfield Asset Management managing partner, who at one point led the Australian private equity business, has wrapped up his 13-year tenure at the firm. Len Chersky has left the firm this week. He joined Brookfield in January 2014 after a brief stint ...

REI Super names chief executive

MATTHEW WAI  |  WEDNESDAY, 30 SEP 2026
REI Super has appointed a new chief executive, promoting from within. Current chief member officer Michelle Boucher is stepping into the top job following an "extensive selection process". REI Super chair Geoff Peck said the board is confident in Boucher's ...

PPS Mutual creates new director of strategy role

RIDDHIMA TALWANI  |  WEDNESDAY, 30 SEP 2026
PPS Mutual has created a new role of director of strategy to lead the life insurer's long-term strategy and identify opportunities to deliver ongoing value to members. Matthew Pilcher, who has been with the firm since 2014, was appointed in the role. ...

Lowe slams government spending

ELIZA BAVIN  |  WEDNESDAY, 30 SEP 2026
Former Reserve Bank of Australia (RBA) governor Philip Lowe has shared his thoughts on the current state of the economy. Speaking with the Institute of Public Affairs, Lowe said there was no reason for the government to run a large budget deficit. "Now ...

APRA flexes fresh powers, zeros in on trustees

ELIZA BAVIN  |  WEDNESDAY, 30 SEP 2026
The Australian Prudential Regulation Authority (APRA) has released a package of proposals to strengthen trustee investment governance and better protect members' retirement savings. APRA said the reforms are the next phase of its multi-year focus on ...

Developer jailed after $2.2m investment scam

VINNY VUCAGO  |  WEDNESDAY, 30 SEP 2026
A Queensland property developer has been sentenced to nine years in prison after pleading guilty to dishonestly applying more than $2.2 million in investor funds to his own use of that of others. Ian Omar Chester pleaded guilty in the Southport District ...

Interest rates at highest level in 15 years

MATTHEW WAI  |  WEDNESDAY, 30 SEP 2026
The monetary policy board of the Reserve Bank of Australia (RBA) unanimously agreed to increase the interest rate by 25 basis points to 4.6%, the highest level since 2011. The RBA said the hike was a result of inflation remaining "elevated" and risks ...

HNW clients value quality over fees: Praemium

VINNY VUCAGO  |  WEDNESDAY, 30 SEP 2026
High-net-worth (HNW) Australians who receive ongoing financial advice are more confident in their investments than those managing their wealth alone, new research from Praemium and CoreData found. The Rich Decisions research found 84% of HNW investors ...

FEATURE | Nature risk | Paved paradise

KARREN VERGARA  |  TUESDAY, 29 SEP 2026
The central highlands of Victoria teem with lush Eucalytpus regnans or mountain ash, the world's tallest flowering plants, which are also native to Tasmania. Researchers from the Australian National University found that mountain ash also possesses ...