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Showing 1 - 10 of 34004 results for "Fund"

Australian Unity to shed 195 roles

MATTHEW WAI  |  FRIDAY, 5 JUN 2026
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. "Australian Unity is progressing a strategic review ...

More aggressive than ever: ASIC defends First Guardian investigation

RIDDHIMA TALWANI  |  FRIDAY, 5 JUN 2026
... over the time it has taken to act against Falcon Capital, the responsible entity for the collapsed First Guardian Master Fund. ASIC chair Sarah Court, attending the first parliamentary committee after taking over the role, said the investigation is continuing ...

Canopy Investors shuts doors, winds up fund

KARREN VERGARA  |  FRIDAY, 5 JUN 2026
... launched in early 2023 by Magellan Financial Group veterans Kris Webster and Michael Poulsen. The Canopy Global Small & Mid Cap Fund aimed to deliver investors double-digit annual returns over rolling five-year periods, while minimising the risk of permanent ...

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI  |  FRIDAY, 5 JUN 2026
Count Financial has reportedly wound up its restricted self-managed superannuation fund (SMSF)/limited-advice service, losing some 26 advisers on the Financial Adviser Register (FAR), latest data shows. Padua WealthData's weekly adviser update shows ...

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

RIDDHIMA TALWANI  |  FRIDAY, 5 JUN 2026
... respectively," he added. Vanguard's S&P 500 ETF was first launched in 1976 and is the first and oldest index-tracking mutual fund available to retail investors. "Crossing the US$1 trillion barrier is more symbolic than anything. ETFs do not win prizes ...

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
... Chris Artis, who was in the position for the past three months on an interim basis. Michael McQueen is joining the industry fund on July 1, coming from Prime Super where he was the general manager for investments for close to two years. He brings over ...

Otivo launches AI-powered financial advice

MATTHEW WAI  |  THURSDAY, 4 JUN 2026
... with Colonial First State across its FirstChoice Employer and FirstChoice Wholesale Super and Pension products, as the super fund made the switch to offering the capability in house with the launch of Super Advice.

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 ...

Older Australians drive majority of super complaints: ASIC

RIDDHIMA TALWANI  |  THURSDAY, 4 JUN 2026
Older Australians between the ages of 55 to 75 accounted for half of the internal complaints made to super funds in 2025, according to ASIC's Internal Dispute Resolution (IDR) data dashboard. Out of the 221,623 complaints super funds received from individuals ...
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