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| | | ... institutional client money in the last financial year with the majority of it exiting fixed income investments. The lion's share of $7 billion in net outflows left fixed income strategies while $4.6 billion exited equities. Alternatives lost about ... |
| | | | HMC Capital has reported a 47% increase to assets under management (AUM) in FY25 to $18.7 billion. HMC said FY25 marked a record financial performance for the group with pre-tax operating earnings of $224.6 million - up 74% from FY24. HMC managing director ... |
| | | | ... child sex abuse offences allegedly involving eight children at a childcare centre in Melbourne. In the weeks since, the share price of the childcare operator has fallen more than 20%. The fund said the decision to divest is in members' best interests ... |
| | | | Aberdeen Investments is shutting down three funds due to declining investor demand, which has seen the funds diminish in size. The abrdn International Equity Fund, abrdn Multi-Asset Income Fund, and abrdn Multi-Asset Real Return Fund will be terminated ... |
| | | | ... remained resilient over the past year and generated higher income streams despite the 17% peak-to-trough fall in Australian share markets between February and April, which truncated monthly revenue for those months," Singh said. He added that the "board's ... |
| | | | Iress is ramping up its succession plans to replace managing director and chief executive Marcus Price while in the thick of takeover talks with Blackstone and Thoma Bravo. Iress provided an update on Price's future with the company this morning, saying ... |
| | | | Markets have all but recovered from when 'Liberation Day' threatened a meltdown, and asset classes of all flavours are pushing to new highs. But with valuations ahead of fundamentals amid uncertainty, fixed income is in focus as investors look ... |
| | | | ... technologies advance," he said. Paolo Dal Cin, the global lead of Accenture Cybersecurity, said: "CyberCX and Accenture share a mission to harness the power of cyber to help our clients securely navigate change, accelerate business reinvention and build ... |
| | | | Wilson Asset Management (WAM) is making a play to be the investment manager of a Platinum Asset Management listed investment company, offering a non-binding, indicative proposal. WAM is proposing to take over the investment management function of ASX-listed ... |
| | | | Iress is strengthening its focus on artificial intelligence (AI), welcoming an inaugural chief AI officer. Based in Iress' Sydney office, Daniel Ashley has commenced his role and will take charge of its cross-functional team focused on leveraging AI ... |
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