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| | | ECP Asset Management principal, investments Justin Warton told Financial Standard that the artificial intelligence (AI) boom is still getting started, despite heightened valuations. "The market has seen this movement towards generative AI, and I think ... |
| | | | MLC chief investment officer Dan Farmer said MLC is open to the possibility of investing in bitcoin in the future, but now is not the right time. "Like many institutional investors, we remain in the 'not now', rather than 'not ever' to bitcoin camp," ... |
| | | | The bidding war over Selfwealth continues as Svava has officially put in a binding offer to acquire 100% of the company at 28 cents per share. The new proposal is a 12% premium to the cash consideration of the $0.25 offer from Bell Financial Group (BFG). ... |
| | | | SelfWealth, the online trading platform, has provided an update as to the bidding war between Bell Financial Group (BFG) and Svava. In the latest turn of events, SelfWealth said it is "actively engaging" with Svava's proposal but reiterated that there ... |
| | | | Australian Retirement Trust (ART) chief economist Brian Parker told the Financial Standard Chief Economist Forum that investors should be wary of the coming decade, with more volatility expected. "The last 10 to 20 years, we have seen a rising tide ... |
| | | | Perennial Partners has made three key appointments to bolster its distribution team and better support its institutional and wholesale marketing efforts. Scott Curtis joins as director for private wealth and family office, based in Sydney. Bringing ... |
| | | | Colonial First State has confirmed the departure of the senior manager responsible for unlisted investments within the fund's multi-asset team. The financial services giant said Daniel Cheang's last day with the firm was February 14. Cheang's ... |
| | | | Senator Andrew Bragg has questioned ASIC over how it handles investigations and proceedings against superannuation funds when it comes to claims handling delays. The back and forth with ASIC commissioner Simone Constant consisted largely of Constant ... |
| | | | The Compensation Scheme of Last Resort (CSLR) levy could potentially catapult to $123 million in the 2027 financial year, new estimates from the Financial Advice Association of Australia (FAAA) shows. Following the bombshell that the 2026 CSLR levy ... |
| | | | AustralianSuper has called for a modernised tax system, warning that without reform super funds will at the very least be bogged down by complexity and compliance costs - and likely left at a competitive disadvantage that could drag on returns. In its ... |
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