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Showing 391 - 400 of 11911 results for "BAC"

World's pension market hits $36.9tn

ELIZA BAVIN  |  TUESDAY, 9 SEP 2025
The world's largest 300 pension funds have reached a new $36.9 trillion (US$24.4 trillion) record in terms of assets under management (AUM), according to a report by Willis Towers Watson's Thinking Ahead Institute. The annual Global Top 300 ...

ASIC lands special leave against Block Earner

KARREN VERGARA  |  FRIDAY, 5 SEP 2025
ASIC is persevering in its crusade against Block Earner with the Federal Court granting a special leave to appeal an April decision that found that an AFSL was not necessary to offer a fixed-yield digital asset-related product. ASIC said its appeal ...

Private and public markets almost interchangeable: Expert

MATTHEW WAI  |  FRIDAY, 5 SEP 2025
Private credit has traditionally been seen as an alternative during volatile events impacting listed investments, but that is changing, an expert says. Speaking at the JANA Annual Conference 2025, Shirley Luo, portfolio manager and director of opportunistic ...

BlackRock nabs $122bn Citi mandate

ELIZA BAVIN  |  FRIDAY, 5 SEP 2025
BlackRock has been tapped by Citi Wealth to create a new portfolio offering for its clients - Citi Portfolio Solutions powered by BlackRock. The offering will combine the strategic investment advisory and planning capabilities of the leading global ...

FEATURE: Hyped up

KARREN VERGARA  |  FRIDAY, 5 SEP 2025
Financial services firms stand at a pivotal juncture. Those in one camp, with their heads buried in the sand, can no longer ignore the fact that artificial intelligence (AI), particularly its sidekick generative AI (GenAI), is everywhere. The other ...

Binance names head of APAC

MICHELLE BALTAZAR  |  THURSDAY, 4 SEP 2025
Global cryptocurrency exchange Binance appoints a new head of APAC after Vishal Sacheendran left the business in July. SB Seker, who previously worked as senior VP at Crypto.com, will lead the group's Asia Pacific operations, bringing with him a ...

Australian economy 'stronger than expected'

ELIZA BAVIN  |  THURSDAY, 4 SEP 2025
Australian gross domestic product (GDP) rose 0.6% in the June quarter and was up 1.8% compared to a year ago, according to figures released by the Australian Bureau of Statistics (ABS). Commonwealth Bank head of Australian economics Belinda Allen said ...

Investors want regulatory clarity on digital assets: Binance

MATTHEW WAI  |  THURSDAY, 4 SEP 2025
Australian investors are urging authorities to come together to provide better protection and access to digital assets, as many are increasing their allocation to the sector, a new Binance survey found. The latest Binance Australia User Survey revealed ...

Using super as 'piggybank' would be a 'disaster': Schroder

ELIZA BAVIN  |  WEDNESDAY, 3 SEP 2025
AustralianSuper chief executive Paul Schroder has used his speech at the National Press Club to warn the government that Australians' retirement savings should not be treated as a "piggybank". Schroder said it would be a "disaster" for members if governments ...

Super funds test cybersecurity resilience

KARREN VERGARA  |  WEDNESDAY, 3 SEP 2025
Still reeling from the coordinated cyberattack in April, superannuation funds will test their cybersecurity resilience and see what lessons they have learned under a drill provided by the Gateway Network Governance Body (GNGB). Taking place on Thursday ...