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Showing 61 - 70 of 26770 results for "Part"

Kudu acquires minority stake in Drummond Capital Partners

MATTHEW WAI  |  MONDAY, 22 JUN 2026
New York's Kudu Investment Management has acquired a minority stake in boutique investment manager Drummond Capital Partners as it looks to expand scope across the domestic wealth management industry. Kudu's investment, although undisclosed, is structured ...

Start-ups, small businesses win CGT reform carveouts

KARREN VERGARA  |  FRIDAY, 19 JUN 2026
... minimum tax, he said, will involve the release of a consultation paper on the trust legislation. "That's obviously not part of this first tranche before the Senate. Now, it's not unusual for there to be a number of pieces of legislation to give ...

Aware Super sells majority stake in water portfolio

ELIZA BAVIN  |  FRIDAY, 19 JUN 2026
Aware Super has announced the sale of a majority portion of its Australian water portfolio with the strategic divestment of 83 gigalitres of water entitlements from the southern Murray-Darling Basin. The sale was completed through the Australian Commonwealth ...

Super balances rise but gender retirement gap remains stubborn

VINNY VUCAGO  |  FRIDAY, 19 JUN 2026
Australian's superannuation balances continued to grow over the 2023-24 financial year, but new data has highlighted a persistent gender retirement gap, particularly among those approaching retirement. Analysis by the Super Members Council (SMC) ...

Passive ETFs continue to dominate domestic market

MATTHEW WAI  |  FRIDAY, 19 JUN 2026
... portfolios. Moving forward, he believes the industry will continue to flow in the same direction. "Active ETFs are a growing part of the market, but the broader industry's growth continues to be driven by index strategies. Investors are increasingly ...

Clearway awarded distribution mandate for $210bn manager

MATTHEW WAI  |  FRIDAY, 19 JUN 2026
Clearway Capital Solutions has been appointed by a US-based investment manager - with a total of US$149 billion ($212bn) in assets under management - to distribute its capabilities for Australian and New Zealand investors. Virtus Investment Partners ...

ASIC slaps adviser with 10-year ban, strips AFSL

MATTHEW WAI  |  FRIDAY, 19 JUN 2026
ASIC has banned Brett Newbound of Victoria, a financial adviser and the sole director of Freedom Wealth Services, which has subsequently lost its Australian financial services licence (AFSL). According to ASIC, Newbound was found to have forged client ...

Frontier awards custody mandate for ICIO offering

ELIZA BAVIN  |  THURSDAY, 18 JUN 2026
... clients of the new offering. Frontier announced in October 2025 it would be absorbing the State Super investment team as part of developing the capability to offer an end-to-end advice and portfolio management service for institutional investors. That ...

Poor succession plans expose advice firms to crisis events: Report

KARREN VERGARA  |  THURSDAY, 18 JUN 2026
Most financial advice practices are ill-prepared to manage the sudden death or permanent disablement of a principal, according to new research, underscoring widespread gaps in succession and contingency planning. Business Health's newly released What ...

APRA embeds geopolitical risks management ground rules

KARREN VERGARA  |  THURSDAY, 18 JUN 2026
APRA has inserted geopolitical risks into its regulatory priorities, expecting superannuation trustees to manage it well, as their traditional risk frameworks may no longer be adequate in the current environment. Penning a letter to super funds and ...