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State Street's plan for power, product, partnerships

ANDREW MCKEAN  |  TUESDAY, 10 JUN 2025
... the primary goal, he said, is to deliver the investment objectives clients are looking for, whether that's a return as close as possible to the index or a risk-adjusted return. While that's a bedrock, full-service asset managers must be "wider ...

Iress' superannuation consulting business changes hands

ANDREW MCKEAN  |  TUESDAY, 10 JUN 2025
... integrating a talented group into its operating model. Novigi said the acquisition was another significant step forward in the close collaboration between the two firms. Apex appointed Novigi as a data and technology partner in July last year in a bid ...

Lower interest rates conducive for bigger risk appetite, small caps

KARREN VERGARA  |  FRIDAY, 6 JUN 2025
As interest rates continue to fall, small caps are poised to reap from the current macroeconomic backdrop and investors increasing their appetite for more risk, a fund manager says. Janus Henderson portfolio manager Nick Sheridan predicts the tide is ...

ECB drops interest rates by 0.25%

KARREN VERGARA  |  FRIDAY, 6 JUN 2025
... price and wage pressures is generally continuing. Twelve-month CPI inflation fell to 2.6% in March from 2.8% in February, close to expectations in the February Monetary Policy Report," the BOE said.

AIOFP, FAAA encouraged by first meeting with Mulino

KARREN VERGARA  |  FRIDAY, 6 JUN 2025
Following their inaugural meeting with new financial services minister Daniel Mulino, the Association of Independently Owned Financial Professionals (AIOFP) and Financial Advice Association Australia (FAAA) feel enthused about the impact he will have ...

Syfe plots major Australian expansion

JAMIE WILLIAMSON  |  THURSDAY, 5 JUN 2025
... model" which supports customers and financial advisers, including self-managed super capabilities. It said it wants to help close the advice gap, offering services to more of the 12 million Australians estimated to hold over $100,000 in investable assets ...

Schroders expands active ETF suite

JAMIE WILLIAMSON  |  THURSDAY, 5 JUN 2025
... outperforming its benchmark, the MSCI World Index. We have generated returns consistently in 20 out of 25 years, delivering close to 1% outperformance (composite, gross of fees) on an annualised basis since inception in January 2000. "With a strong probability ...

Aged care reforms pushed to November

JAMIE WILLIAMSON  |  THURSDAY, 5 JUN 2025
The government is delaying the implementation of the new Aged Care Act until November 1 following widespread concerns that stakeholders weren't given enough time to prepare. The new legislation was due to commence from 1 July 2025. Now, it will be effective ...

New Forests sees potential in Vietnamese timber

JAMIE WILLIAMSON  |  WEDNESDAY, 4 JUN 2025
... managing director, emerging markets Geoffrey Seeto said. "Vietnam remains a key player in the global wood industry, recording close to US$4 billion in wood product exports in the first quarter of 2025 with key exports including wooden furniture, pellets ...

Islamic finance industry association established

JAMIE WILLIAMSON  |  WEDNESDAY, 4 JUN 2025
The Islamic Finance and Investments Association (IFIA) will work to further Australia's nascent Islamic banking, finance and investments sector and Shariah compliant standards. Launched today, the IFIA is led by chief executive Chaaban Omran, the former ...