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| | | Pengana Capital Group says it has already raised $150 million for a yet-to-list fund that targets private companies in the artificial intelligence (AI) space. The cornerstone funding round raised $150 million, exceeding the initial target amount of ... |
| | | | ... tax changes in the budget, they're both expected to weigh on bank earnings as we move forward," Colosimo said. "The second one is that unlike in the US where analyst expectations of company earnings are still being upgraded, the earnings expectations ... |
| | | | ... investment business plan and continue delivering strong outcomes for members," Moser said in a LinkedIn post. This marks the second notable appointment in as many months for the $105 billion super fund, having appointed Marina Pasika as head of private ... |
| | | | ... First, Fairbrother says they only buy stock on cheap valuations because that reduces their reliance on uncertain forecasts. Second, they stick with a bottom-up, not macro-driven, approach, which reduces their vulnerability to rate forecasts. Third, regardless ... |
| | | | ... a long time to come out of Covid. They didn't get support from the government that other markets got," he says. The second tailwind for emerging markets is a weaker US dollar. For many markets, a weak dollar means a stronger local currency. "If you've ... |
| | | | ... real headwind for domestic earnings and household balance sheets. How well businesses adapt to that gap will define the second half of 2026," he said. Wee Khoon Chong, APAC macro strategist at BNY Australia said they expect the RBA to hold rates in June ... |
| | | | LGT Wealth Management has expanded its investment leadership team with two senior appointments aimed at strengthening its capabilities across private markets and sustainable investing, as high-net-worth clients increasingly seek more sophisticated and ... |
| | | | ... million in refunds and financial remediation for affected customers. While that is almost half of what AFCA achieved in the second half of FY25 ($3.4 million), the number of complaints has also dropped significantly from 342,194 to 182,658. |
| | | | ... those without lifetime income," Bransdon said. Additionally, HUB24 is aiming to launch a lifetime pension account in the second half of 2027. The announcement follows Colonial First State's expansion of its retirement offerings through a multi-partner ... |
| | | | ... services covered by its Australian financial services licence were provided efficiently, honestly and fairly. "This is the second action we've taken against Equity Trustees and the fifth against a super trustee as part of our First Guardian and Shield ... |
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