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| | | Hostplus has launched a digital tool that delivers personalised financial education and advice to its members, called SuperSmart. The $115 billion industry fund, which has nearly two million members, partnered with large licensee Industry Fund Services ... |
| | | | The Federal Court has approved the $100 million Buyer of Last Resort (BOLR) class action settlement despite some participants objecting to it, calling for a larger payout and making AMP accountable for its actions. Justice McElwaine approved the settlement ... |
| | | | Monochrome Asset Management has filed an application to list an Ethereum exchange-traded fund (ETF) on Cboe Australia. The Monochrome Ethereum ETF (IETH) would passively hold Ethereum, which is the second-largest cryptocurrency by market capitalisation ... |
| | | | Challenger has selected State Street to provide administration and custody services, saying the partnership will support several new global business initiatives. The decision will see some Artega Investment Administration staff transition to the custody ... |
| | | | The $86 billion industry super fund has added two general managers to its leadership, one to look after strategy and the other to oversee data and insights. Rest said the appointments were made with its strategy to simplify the super experience in mind. ... |
| | | | Macquarie Asset Management (MAM) and Canada's Public Sector Pension Investment Board (PSP Investments) have sold the entirety of their respective interests in AirTrunk to private equity giant Blackstone and Canada Pension Plan Investment Board (CPP ... |
| | | | The Future Fund delivered a 9.1% annual return in FY24, adding $18.8 billion to the portfolio, bringing the sovereign wealth fund's total value to $224.9 billion. This performance lifts its 10-year average annual return to 8.3%, exceeding a mandate ... |
| | | | Former Courtenay House director Tony Iervasi has been sentenced to prison for 11 years, with a non-parole period of seven years, for his involvement in one of the nation's biggest Ponzi schemes. Between 13 December 2010 and 21 April 2017, Iervasi ... |
| | | | The government has begun consultation on proposed changes to merger notification thresholds as part of broader reforms designed to boost competition and productivity. Treasurer Jim Chalmers said in a joint statement said that they're designed to ensure ... |
| | | | Super funds are falling short of millennial members' expectations, according to financial experts at an ASIC roundtable. The roundtable panellists, which included financial adviser Andrew Dunbar, She's on the Money podcast host Victoria Devine ... |
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