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Special feature: Shaping private markets

ELIZABETH FRY  |  TUESDAY, 29 JUL 2025
Custodians are stepping up as regulators target super funds' $3.5 trillion private asset rush. Australia's super funds face mounting scrutiny over their rapid shift into private markets, as concerns grow about transparency, valuations and liquidity ...

HUB24, Netwealth projected to overtake Insignia: Morningstar

MATTHEW WAI  |  TUESDAY, 29 JUL 2025
... start of the year to 24 July 2025 were around 50% and 27%, respectively, significantly outpacing the S&P/ASX 300 return of close to 9%, Morningstar said. Hence, Morningstar has increased its estimate for no-moat HUB24 and Netwealth to $40.00 and $15.20 ...

Macquarie suffers first strike on pay package

KARREN VERGARA  |  FRIDAY, 25 JUL 2025
... investments businesses to Nomura but retained the public investments business in Australia. The transaction is expected to close by the end of 2025.

Ascalon snags Evidentia executive

MATTHEW WAI  |  FRIDAY, 25 JUL 2025
Ascalon Capital continues to stack up its executive lineup, welcoming a new deputy chief executive. Shailesh Jain has joined the firm as partner and deputy chief executive. He will drive Ascalon's investment research and consulting initiatives ...

Bullock reaffirms RBA's 'gradual easing' policy

ELIZA BAVIN  |  FRIDAY, 25 JUL 2025
... "One reason we remain comfortable with a cut in August as our base case is the minutes released earlier this week came very close to offering forward guidance." The RBA minutes said: "All members agreed that, based on the information currently available ...

Australian Ethical PM departs

ELIZA BAVIN  |  THURSDAY, 24 JUL 2025
Australian Ethical Investment has announced the resignation of portfolio manager Andy Gracey, following 20 years of service, leadership and founding management of its Emerging Companies Fund. Gracey will transition portfolio responsibility to head of ...

FAAA fights to reignite Dixon inquiry

MATTHEW WAI  |  THURSDAY, 24 JUL 2025
Although the Senate Committee Inquiry into Dixon Advisory was expected to lapse due to the election, the Financial Advice Association of Australia (FAAA) is shedding light on the possibility of resuming the process. FAAA general manager of policy, advocacy ...

One third of advisers use 'Big 3' platforms: Rainmaker

KARREN VERGARA  |  THURSDAY, 24 JUL 2025
... Panorama has a 12.2% market share while Insignia's Expand has 9.8%. Macquarie Wrap and Perpetual's WealthFocus are close behind with 9.7% and 9% respectively. For non-aligned financial advisers, BT Panorama has a 12.5% market share and Insignia ...

AustralianSuper taps NYC pension deputy CIO

MATT TOLEDO  |  THURSDAY, 24 JUL 2025
AustralianSuper is expanding its U.S. private equity team, announcing the appointment of Eneasz Kądziela Tuesday. Kądziela was previously deputy CIO and head of private equity of the New York City Retirement Systems, five pension funds that serve ...

ASIC bans investment scammer

KARREN VERGARA  |  WEDNESDAY, 23 JUL 2025
ASIC has permanently banned the founder of Maxwell Financial Services and Asset Capital Holdings, Matthew Allen Beresford, from working in financial services, after he was found guilty of running an investment scam. ASIC has also permanently banned ...