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Investment

North adds private markets SMA for retail investors

MATTHEW WAI  |  THURSDAY, 26 MAR 2026
Russell Investments is launching a private markets managed portfolio on AMP's North platform for advised clients, available from March 30.

Victory Capital exits Janus Henderson acquisition bid

KARREN VERGARA  |  THURSDAY, 26 MAR 2026
Victory Capital has pulled out of the race to acquire Janus Henderson, saying it was "disappointed" with the process and engagement with the latter's special committee.

Contact Asset Management terminates sole fund

JAMIE WILLIAMSON  |  WEDNESDAY, 25 MAR 2026
Contact Asset Management is closing its only fund, but the boutique isn't going anywhere, continuing as manager of BKI Investment Company.

ETF home bias more prominent amid global unrest: BlackRock

RIDDHIMA TALWANI  |  WEDNESDAY, 25 MAR 2026
BlackRock said Australian ETF investors are preferring local equities over the US as global unrest rises due to the conflict in the Middle East.

Pepper Money rejects Challenger's bid

ELIZA BAVIN  |  WEDNESDAY, 25 MAR 2026
Pepper Money has shut down discussions with Challenger after the final takeover offer was slashed from $2.60 to $2.25 per share.

Brighter Super, QIC back autonomous robot company

KARREN VERGARA  |  WEDNESDAY, 25 MAR 2026
Brighter Super and QIC have spearheaded a fundraise for Future Maintenance Technologies (FMT), a robot maker focused on automating maintenance for the global rail and aviation industries.

Severe underperformance sees Polen Capital funds wound up

JAMIE WILLIAMSON  |  TUESDAY, 24 MAR 2026
Montgomery Investment Management has cut ties with Polen Capital, with the latter's responsible entity opting to terminate its funds after five years of underperformance.

Fink doubles down on private markets ambitions

KARREN VERGARA  |  TUESDAY, 24 MAR 2026
BlackRock chief executive Larry Fink is doubling down on private markets' golden run, predicting the fund manager will raise US$400 billion of these assets by 2030.

S64, Ardian partner to launch new fund

ELIZA BAVIN  |  MONDAY, 23 MAR 2026
S64 and Ardian have partnered to launch an evergreen global infrastructure fund for the Australian wealth management industry.

AI layoffs a correction from overhiring: Morningstar

RIDDHIMA TALWANI  |  FRIDAY, 20 MAR 2026
Morningstar said recent layoffs by Australian companies are being made from a high starting point, where in the past decade hiring could have outpaced the needs of the business.