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| | | ASIC chair Joe Longo has told a Senate estimates hearing that the corporate regulator is working closely with Treasury and the government on law reform in the wake of the Shield Master Fund and First Guardian Master Fund collapses. Longo said high risk ... |
| | | | Netwealth has continued to separate itself from the collapse of First Guardian, saying it was a "case of fraud". In its September quarterly business update, Netwealth said it was working cooperatively with industry bodies and regulators in relation ... |
| | | | HESTA has surpassed $100 billion in funds under management, which it hopes will help to bring down costs and deliver sustainable returns. HESTA's chief executive Debby Blakey said the increased scale helps the fund to access a larger and more diverse ... |
| | | | Retail and financial adviser-led investors, who demand exposures to hedge funds, continue to face substantial hurdles and receive lower returns from similar strategies, according to Morningstar. Retail investors see that hedge funds can truly diversify ... |
| | | | Financial advisers are moving to automate many business processes, but investment automation remains limited as they look to maintain control over decision-making. The AdviceTech 2025 Turning Data Into Growth report, based on over 300 financial advice ... |
| | | | J.P. Morgan Asset Management (JPMAM) has partnered with Vanguard Australia (Vanguard) to launch four low-cost ETF models. The strategic asset allocation models include conservative, balanced, growth, and high growth options. The models are a low-cost ... |
| | | | Aware Super has integrated Ortec Finance's performance measurement and attribution software to enhance its ability to measure and manage investment performance, including improved currency hedge capabilities, across its portfolio. The software ... |
| | | | The regulator has written to platform trustees in the wake of the First Guardian and Shield Master Fund collapses, alerting them to the need to strengthen their investment governance processes. In its letter, it shared initial findings from the thematic ... |
| | | | Australian Food Super is transitioning its insurance offering to age-based pricing, with older members to pay much more for cover. For insurance purposes, Australian Food Super members are categorised as either manual workers or office workers. For ... |
| | | | ASIC will allow Cboe Australia, a subsidiary of Cboe Global Markets, to list new companies on its platform, directly competing with the Australian Securities Exchange (ASX). ASIC flagged the possibility of an approval in August. Historically, Cboe Australia ... |
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