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Showing 1 - 10 of 19910 results for "Bill"

Canopy Investors shuts doors, winds up fund

KARREN VERGARA | FRIDAY, 5 JUN 2026

Canopy Investors is shutting its doors three years since launching and is in the process of winding up its flagship Global Small & Mid Cap strategy. The Bennelong Funds Management boutique was launched in early 2023 by Magellan Financial Group veterans ...

Vanguard's oldest ETF eclipses to US$1tn in value

RIDDHIMA TALWANI | FRIDAY, 5 JUN 2026

Vanguard S&P 500 ETF has crossed the US$1 trillion mark in net asset value for the first time, becoming the first in the asset class to achieve the feat. Morningstar associate director Daniel Sotiroff said the achievement underscores the immense success ...

Perpetual acquires majority stake in Interfi

VINNY VUCAGO | FRIDAY, 5 JUN 2026

Perpetual has agreed to acquire a 70% stake in loan servicing technology provider Interfi Systems. Perpetual said the acquisition will strengthen the digital capabilities of its Corporate Trust business while continuing to reduce debt. The ASX-listed ...

First Super recruits head of investments from Prime Super

MATTHEW WAI | FRIDAY, 5 JUN 2026

... investment officer at Foresters Financial between 2023 and 2024. The announcement follows the resignation of chief executive Bill Watson who left to join BUSSQ as chief investment officer after a 13-year tenure. Greg Everett was appointed acting chief ...

M&G new hire to bolster Australian insto ties

RIDDHIMA TALWANI | THURSDAY, 4 JUN 2026

M&G Investments, a global asset manager with £371.4 billion ($768.8bn) in assets under management, has appointed Cameron Sinclair as head of institutional distribution in Australia. Sinclair will be tasked with strengthening M&G's relationships across ...

Macquarie AM launches global small caps ETF

ELIZA BAVIN | THURSDAY, 4 JUN 2026

Macquarie Asset Management (MAM) has launched a new systematic active ETF, expanding its existing range of active ETFs in Australia. Available today via the ASX, the Macquarie Global Small Companies Active ETF (ASX: MQXS) aims to offer Australian investors ...

Cooling economy could keep RBA on hold

ELIZA BAVIN | WEDNESDAY, 3 JUN 2026

... consumer, all pulled in the same direction," Dooley said. "The single biggest drag came from trade. Australia's import bill jumped, partly because of higher fuel prices from the conflict in the Middle East, and partly because of record purchases ...

ART to employ more First Nations members into its workforce

MATTHEW WAI | WEDNESDAY, 3 JUN 2026

Australian Retirement Trust (ART) has launched its second Innovate Reconciliation Action Plan (RAP), highlighting initiatives the super fund will complete by the end of 2028, including setting up a First Nations workforce target. The Innovate RAP builds ...

Invesco, Trinetra IM strategies to wind up

KARREN VERGARA | WEDNESDAY, 3 JUN 2026

... correlation to traditional financial market indices, targeting a gross return of 6% p.a. above the Bloomberg Ausbond Bank Bill Index with 8% p.a. target portfolio volatility. It returned 22.1% p.a. in the year to April and over a 10-year period achieved ...

Pengana raises $150m for AI-focused LIT

KARREN VERGARA | WEDNESDAY, 3 JUN 2026

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 ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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