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Investment

Dexus executives step down over leaked airport data case

RIDDHIMA TALWANI  |  TUESDAY, 9 JUN 2026
Dexus said key executives have been stood down while the board and management consider the NSW Supreme Court judgement for it to sell its stake in Melbourne and Launceston airports.

Franklin Templeton's Western AM hit with US$100m penalty

KARREN VERGARA  |  TUESDAY, 9 JUN 2026
Franklin Templeton's Western Asset Management has been hit with a whopping US$100 million penalty for failing to detect and prevent its former co-chief investment officer's alleged cherry-picking scheme.

Betashares launches Australian bond ETF

VINNY VUCAGO  |  TUESDAY, 9 JUN 2026
Betashares has expanded its fixed income offering with the launch of the Bloomberg AusBond Composite ETF (ASX: COMP), with a management fee of 0.07% per annum.

ART backs Queensland space company with $14m investment

VINNY VUCAGO  |  TUESDAY, 9 JUN 2026
Australian Retirement Trust (ART) has invested more than $14 million in Queensland-based aerospace company Gilmour Space Technologies, backing the state's growing space sector through a co-investment with QIC.

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.

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.

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.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA  |  FRIDAY, 5 JUN 2026
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.

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.

ASX sees trade volumes soar in May

MATTHEW WAI  |  THURSDAY, 4 JUN 2026
ASX saw a substantial growth in trade volumes last month, despite continued lackluster movement in IPOs.