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| | | ... Retirement Trust, Cbus, and UniSuper at the time. Cbus manages about 36% of its portfolio internally, with plans to lift that figure to around 50% by 2028. Early this year Rest also kickstarted its in-house global equities trading, handling $300 million ... |
| | | | ... sector, and all 23 retail-facing sub-sectors will foot the $47.3 million CSLR special levy. SMC said the $10.9 billion figure over the forward estimates compared to the estimates in March's Budget is a 10% increase on the already-high levels estimated ... |
| | | | Sequoia Financial Group's embattled licensee and adviser services division flagged it is currently making healthy earnings but expects to take a hit from the First Guardian Master Fund and Shield Master Fund debacle. The unit, which is embroiled in ... |
| | | | Ahead of Treasurer Jim Chalmers and Financial Minister Katy Gallagher handing down the Budget update tomorrow, Chalmers has flagged some expected changes. Chalmers said the Budget update will be about "delivery, responsibility and restraint". "We will ... |
| | | | Experts have identified the megatrends that are likely to play out in financial markets in 2026. Speaking to Financial Standard, policy changes coming out of the US, sticky inflation and how the artificial intelligence (AI) boom progresses will be the ... |
| | | | Hearts & Minds Investments (HM1) is the latest fund manager to write off its stake in the beleaguered Corporate Travel Management (CTD), while Wilson Asset Management slashed its value by 50%. The ASX-listed travel and accommodation agency services ... |
| | | | At its meeting yesterday, the Reserve Bank of Australia (RBA) reached a monetary policy decision to keep the cash rate unchanged at 3.6%. In explaining why, the board warned of possible rate rises in 2026 as it takes a more cautious response to inflationary ... |
| | | | ... Fund-related complaints lodged with the Australian Financial Complaints Authority (AFCA) has grown to 1659. AFCA said the latest figure represents the total as at December 3. AFCA did not provide a breakdown of how many related to Shield and First Guardian ... |
| | | | ... ETF market continues to grow, with total assets under management (AUM) reaching the $300 billion to September end. The figure was latest measured at around $322 billion in October, according to Global X. "As the demand for ETFs continues to increase ... |
| | | | ... years of decline in client acquisition, the trend has finally shifted The latest figures are not as high as 2022's figure of 500,000 new clients acquired. In 2023, the numbers fell to 300,000 and then to 200,000 the following year. This year, however ... |
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