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| | | David Carney is stepping back from managing Vital Business Partners (VBP), appointing Nathan Jacobsen to take over as chief executive. Carney co-founded VBP in 2013, leading it as chief executive ever since. Now, he has decided to step back from the ... |
| | | | The Super Members Council (SMC) has warned that encouraging young Australians to use their superannuation for a house deposit could dramatically drive-up house prices and deplete their retirement savings. "We all desperately want more Australians to ... |
| | | | Brighter Super is shuttering both of its responsible investment options, saying it is in the best interests of members. It comes as the fund streamlines its investment menu to offer just one set of options. Following a review of its investment options ... |
| | | | Mercer's investment performance charts have revealed which Australian funds are giving investors the biggest returns, with some delivering over 30%. ECP Asset Management's All Cap fund was the top performer, delivering a massive 32% annual return, before ... |
| | | | The investment bank is offloading Marcus Invest to Betterment just three years after announcing it will launch the digital adviser. Betterment will acquire Marcus Invest's digital investing accounts for an undisclosed figure. Goldman Sachs, however ... |
| | | | ... in 2023. Companies in Asia Pacific ex-Japan were the least likely to conduct buyback programmes, Janus Henderson said. The big year-on-year reduction (down 40%) mainly reflected lower share buybacks by Australia's large banks, more than offsetting increases ... |
| | | | First Sentier Investors (FSI) is shuttering four investment teams, seeing the exit of 30 professionals by the end of the year and the loss of about $14 billion in assets under management. The investment manager this morning announced that its locally ... |
| | | | Mine Super is reducing the administration fees members pay next month as it moves forward with its merger with TWUSUPER. Effective May 20, the industry fund said administration fees will be lowered 25% from $52 to $39 per year for super members due ... |
| | | | ... continued to gain ground over the first quarter, reaching record highs, mainly thanks to the impressive returns from some of the big US technology stocks." DeSanctis said it was no surprise many Australian investors had been using international ETFs ... |
| | | | ... Global X Artificial Intelligence ETF (ASX: GXAI) on the ASX today. GXAI, which tracks the Indxx Artificial Intelligence & Big Data Index, focuses specifically on investing in companies along the AI value chain, including those involved in generative ... |
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