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| | | Spain is launching a sovereign wealth fund to extend the stimulus of the NextGenerationEU funds that saw it through COVID-19. The new fund, to be named 'Spain Grows', will primarily invest in sectors like artificial intelligence (AI), digitalisation ... |
| | | | The average Australian billionaires' wealth grew by almost $600,000 a day in the past year, or over $10.5 billion collectively, Oxfam research found. Globally, billionaire wealth jumped by over 16% in 2025, three times faster than the past five-year ... |
| | | | Use of a service that allows hesitant members to dip their toes in to receiving financial advice is expected to almost double in 2026, with 15% seeking intra-fund advice since the inception of its Super Specialist program. Commonwealth Superannuation ... |
| | | | ... significant transitions since mid-2025, ending its administrative mandate with Mercer and transferring these services to GROW Inc. Meantime, it conducted a reshuffling of its executive ranks, which led to Fontine Kotsilas being named chief risk officer. ... |
| | | | BlackRock's assets under management (AUM) have hit US$14 trillion in the fourth quarter ending December 2025, while State Street reported a 20% jump in its AUM. BlackRock's boost in assets follows a record US$698 billion of net inflows for the full ... |
| | | | ... Advice Group added eight new advisers to bring its total to 229. It is followed by Alliance Wealth which gained seven to grow to 383, Fortnum Advice which added four and now has 49, Partners Wealth Group Financial Advice which also added four to come ... |
| | | | ... joining compared to the previous quarter. It said the rise in members was buoyed by its recent administration transition to GROW, an uplift in digital media capability, and the reactivation of the Employment Hero channel. Australian Ethical said the ... |
| | | | Australian Retirement Trust (ART) has appointed two new directors to its board, which it said drives renewal and reinforces its commitment to governance and delivering for members. Tina Wyer will join ART's board, bringing nearly 30 years' experience ... |
| | | | State Street has launched a new digital asset platform as it looks to broaden institutional investors' access to the asset class. The new platform enables State Street to continue to develop "core products" like tokenised money markets funds (MMFs) ... |
| | | | ... reflects our long-term conviction in the region and our strategy of building high-quality, locally anchored platforms that can grow alongside industrial and commercial customers, support economic development, and contribute meaningfully to the energy ... |
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