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Showing 521 - 530 of 22316 results for "Grow"

Zurich Australia offloads investment management business

MATTHEW WAI  |  THURSDAY, 29 JAN 2026
Russell Investments is acquiring Zurich Investment Management (ZIM), the investment arm of Zurich Australia, adding close to $2 billion in funds under management (FUM). The transaction will lift Russell Investments' retail and wealth FUM in Australia ...

Fed leaves rates on hold as Powell issues message to Trump

ELIZA BAVIN  |  THURSDAY, 29 JAN 2026
The US Federal Reserve (Fed) left the interest rate on hold at 3.5% - 3.75% overnight, as was widely expected. The rate hold comes in the wake of the US Department of Justice serving the Fed with grand jury subpoenas, threatening a criminal indictment ...

Inflation 'uncomfortably high' as it rises to 3.8%

ELIZA BAVIN  |  WEDNESDAY, 28 JAN 2026
The Consumer Price Index (CPI) rose 3.8% in the 12 months to December 2025, according to the Australian Bureau of Statistics (ABS). "The 3.8% annual CPI inflation to December was up from 3.4% to November," ABS head of prices statistics Michelle Marquardt ...

BPS Financial fined $14m over Qoin Wallet

ANGELIQUE MINAS  |  WEDNESDAY, 28 JAN 2026
The Federal Court has handed BPS Financial $14 million in pecuniary penalties over the way in which it promoted and operated its crypto product Qoin Wallet. According to ASIC, BPS Financial advertised the product as a non-cash payment facility linked ...

Blackwattle launches fund, mandates Equity Trustees

RIDDHIMA TALWANI  |  WEDNESDAY, 28 JAN 2026
Blackwattle Investment Partners has launched its new equity income fund, appointing Equity Trustees as responsible entity. The Blackwattle Equity Income Fund invests in listed Australian equities beyond traditional dividend-paying stocks, while also ...

Brighter Super names chief investment officer

ANGELIQUE MINAS  |  WEDNESDAY, 28 JAN 2026
... ING Investment Management and Perpetual Investments before moving to Aware Super in 2014. "As Brighter Super continues to grow in scale and sophistication, Damein's experience in building multi-asset class portfolios and direct investment platforms ...

Genetic testing ban may drive up insurance cost, premiums: FAAA

KARREN VERGARA  |  WEDNESDAY, 28 JAN 2026
... genetic testing and other predictive forms of medical testing can only be expected to improve over time. Thus, the risk could grow significantly." Increased claims for new policy holders leveraging these reforms will have an impact on the pricing of ...

Superhero Super shutters lifestage options

MATTHEW WAI  |  WEDNESDAY, 28 JAN 2026
Following a thorough review, the super fund will remove its lifestage investment strategy (LIS) options from February 13, saying the move will improve the financial future of its members. The Sand LIS, Coral LIS, Ocean LIS, and Sky LIS will be removed ...

Federated Hermes expands Asia presence

MATTHEW WAI  |  TUESDAY, 27 JAN 2026
... business's focus on wealth and retail distribution segments, where the firm sees "significant" opportunities as client portfolios grow more sophisticated and distribution models shift towards long-term partnerships. Further, Federated Hermes' Asia strategy ...

'No benefit in switching super': AFCA finalises FSGA lead decision

RIDDHIMA TALWANI  |  TUESDAY, 27 JAN 2026
The Australian Financial Complaints Authority (AFCA) has determined inappropriate advice provided by Financial Services Group Australia (FSGA) led to one client's $200,000 financial loss. In December, AFCA said it received more than 1800 complainants ...