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Showing 311 - 320 of 7408 results for "MAI"

APRA lifts final Westpac capital add-on

KARREN VERGARA  |  WEDNESDAY, 15 OCT 2025
APRA has lifted Westpac's remaining $500 million capital add-on after the bank completed its multi-year risk transformation program spurred by several breaches and misconduct. APRA slapped the first $500 million capital add-on in July 2019 as a ...

PIMCO expands active ETF offering with EARN

RIDDHIMA TALWANI  |  WEDNESDAY, 15 OCT 2025
PIMCO has launched the PIMCO Short Term Active Yield Active ETF (EARN), offering an alternative to traditional cash and term deposits by combining capital preservation and liquidity in a short-duration, actively managed strategy. EARN will invest in ...

QIC to lead investor gateway for energy sector

ANGELIQUE MINAS  |  MONDAY, 13 OCT 2025
The Queensland government has appointed Queensland Investment Corporation (QIC) to lead new investor gateway to attract and coordinate private capital. In partnership with Government Owned Corporations (GOCs), the gateway will boost investment into ...

ASIC seeks compensation for Shield victims from EQT

ELIZA BAVIN  |  MONDAY, 13 OCT 2025
ASIC has updated its Statement of Claim in the proceedings against Equity Trustees (EQT) to include a claim for compensation for losses incurred by members of the AMG Super and Super Simplifier platforms who invested in Shield Master Fund. This is in ...

Controversial US policy to benefit Australia

ELIZA BAVIN  |  WEDNESDAY, 8 OCT 2025
When US President Donald Trump announced his plan to impose tariffs on all nations in April this year, investors were concerned about the effect they would have on Australia, but new research from EY suggests the nation is still set to benefit. The ...

HESTA hits $100bn in assets

RIDDHIMA TALWANI  |  WEDNESDAY, 8 OCT 2025
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 ...

Full automation key for business success, but not investments

MATTHEW WAI  |  WEDNESDAY, 8 OCT 2025
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 ...

ASIC raises alarm on auditor independence, conflicts of interest

KARREN VERGARA  |  WEDNESDAY, 8 OCT 2025
Too many auditors are failing the independence test and breaching conflicts of interest obligations, according to an ASIC investigation. A review of 15 audit firms saw nine did not meet rotation requirements while five of them had "relevant relationships" ...

Wealth and asset management to "significantly" consolidate by 2029: Oliver Wyman

RIDDHIMA TALWANI  |  FRIDAY, 3 OCT 2025
The global wealth and asset management industry is entering a period of significant consolidation, with over 1500 transactions expected in the coming years. A report by Oliver Wyman with Morgan Stanley estimates a reduction of around 20% in the number ...

Managed portfolios now the default: AMP

ANGELIQUE MINAS  |  THURSDAY, 2 OCT 2025
The North Managed Portfolios Insight Report by AMP indicates the mainstream popularisation of managed portfolios in the past year. The report references recent IMAP and Milliman data showing total managed portfolio assets under management (AUM) has ...