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| | | ... business as usual. ASIC chair Joe Longo said urgent action was needed to set ASX on the right path. "ASX needs to embrace a new era of accountability, investment, and stewardship to increase confidence, and meet the expectations of the market and the ... |
| | | | ... stayed quite high." Miller said geopolitical concerns, as well as higher inflation, are two issues which will continue into the new year, along with growing investment into AI. He said tech stocks showed more resilience than markets may have anticipated ... |
| | | | AustralianSuper has shifted its chief technology officer to the newly created role. Mike Backeberg will lead the fund's technology, digital and data services strategy, and has been managing AustralianSuper's member operations and data and technology ... |
| | | | ... economy. Currently, South Korea's existing wealth fund, Korea Investment Corporation, only manages foreign currency assets. The new fund will be able to invest more broadly, including "proactively acquiring good companies overseas through M&A and investing ... |
| | | | The Association of Superannuation Funds of Australia (ASFA) has launched two new tools to help super trustees strengthen their fraud controls. The new features, dubbed the Scams and Fraud Toolkit and the Scams Policy Template, are now available and ... |
| | | | 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 ... |
| | | | ... Australian financial services licence (AFSL) of MW Planning, a subsidiary of MWL Financial Group, after it failed to appoint a new responsible manager. The AFSL is suspended until 8 June 2026. ASIC said MW Planning failed to fulfil its organisational ... |
| | | | ... backed by private equity sponsors, with "a focus on priority first lien lending." It also invests alongside its clients, with new transactions being generally funded at loan to valuation levels of less than 50%. "Every single loan we originate and underwrite ... |
| | | | ... assumption the RBA would remain on hold to anticipating a rate hike as early as February. "We believe a tight labour market, new (higher) inflation forecasts, strong housing and household consumption all point to monetary policy being too accommodative," ... |
| | | | ... development manager to its burgeoning endowments and foundations business across the Pacific. Lydia Reeves will take up the new job in January partnering with prospective clients in the for-purpose sector to deliver investment solutions aligned with ... |
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