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ANDREW MCKEAN  |  FRIDAY, 12 APR 2024   12:49PM
Netwealth's share price increased over 2% as the investment platform announced a $84.7 billion in funds under administration (FUA) as of March 31.

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Billionaire receives death penalty for embezzlement

KARREN VERGARA  |  FRIDAY, 12 APR 2024
A Vietnamese billionaire property developer has been sentenced to death for embezzling US$12.5 billion - the country's largest case of financial fraud, several reports show.

FCA issues notices to Link Fund Solutions, Woodford

KARREN VERGARA  |  FRIDAY, 12 APR 2024
The Financial Conduct Authority's (FCA) investigation into the Woodford Equity Income Fund (WEIF) finds that the failures of Link Fund Solutions (LFS) and "star stock picker" Neil Woodford ultimately led to the fund's demise, leading to the regulator ...

Proxy advisors have 'undue influence': Jamie Dimon

ANDREW MCKEAN  |  THURSDAY, 11 APR 2024
In an annual letter to shareholders, J.P. Morgan chief executive Jamie Dimon expressed concern about the "undue influence" of proxy advisors, particularly ISS and Glass Lewis.

Janus Henderson tailors fund to NZ investors

JAMIE WILLIAMSON  |  THURSDAY, 11 APR 2024
Janus Henderson is making its Global Multi-Strategy Fund available to institutional investors in New Zealand.

$53bn added to ETF market over 12 months

ELIZA BAVIN  |  THURSDAY, 11 APR 2024
Inflows into Australian equity ETFs reached around $1.5 billion.

Mercury Capital acquires KKR's stake in Findex

ANDREW MCKEAN  |  WEDNESDAY, 10 APR 2024
Mercury Capital will acquire KKR's 40% stake in wealth management and advisory firm Findex.

GIP Australia Fund surpasses new milestone

ELIZA BAVIN  |  WEDNESDAY, 10 APR 2024
Australia's institutional investors are showing enthusiasm for the infrastructure fund.

Why fund managers are missing out on investment mandates

ELIZA BAVIN  |  WEDNESDAY, 10 APR 2024
New research suggests compliance issues are getting in the way, but that's just the start.

Global X adds new AI ETF

ELIZA BAVIN  |  WEDNESDAY, 10 APR 2024
The new ETF will be the first dedicated artificial intelligence ETF launched in Australia.
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