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Investment

UBS shutters international shares fund

MATTHEW WAI  |  MONDAY, 29 SEP 2025
UBS Asset Management has decided to terminate the 33-year-old UBS International Share Fund, noting the fund is not at an "optimal size" to continue.

Norges Bank commits over $2bn to energy transition fund

MATTHEW WAI  |  MONDAY, 29 SEP 2025
Norges Bank Investment Management, the investment management arm of Norges Bank, has committed $2.3 billion (US$1.5bn) to Brookfield Asset Management's Global Transition Fund II (BGTF II) to expand its current mandate from the government.

Perpetual dumps 23m Myer shares

ELIZA BAVIN  |  FRIDAY, 26 SEP 2025
Perpetual has offloaded millions of shares in the retailer after Myer reported a statutory net loss of $211 million.

Alternative Investment Awards winners announced

ANGELIQUE MINAS  |  THURSDAY, 25 SEP 2025
Alternative Future Foundation announces the winners of the 2025 Australian Alternative Investment Awards.

More than 75% of asset owners wary of trade disputes

ANGELIQUE MINAS  |  WEDNESDAY, 24 SEP 2025
Morningstar's Voice of the Asset Owner survey reveals 76% of asset owners believe trade disputes are material to their portfolios, offering insights to shifting behaviours in an evolving investment landscape.

S64, Vista Equity Partners roll out unit trust

KARREN VERGARA  |  WEDNESDAY, 24 SEP 2025
S64 and Vista Equity Partners will launch an Australian unit trust (AUT) that provides exposure to global software and technology firms early next year.

Former Income Asset Management staffer embezzles $1.5m

KARREN VERGARA  |  TUESDAY, 23 SEP 2025
A former Income Asset Management (IAM) employee has funnelled $1.5 million from the company using a bank account used by a "minority sub-custodian".

Platinum shareholders greenlight L1 Capital merger

KARREN VERGARA  |  TUESDAY, 23 SEP 2025
Platinum Asset Management shareholders have unanimously voted in favour of merging with L1 Capital to create a $16.5 billion entity.

Unprecedented US M&As a boon for Australia: BGA

KARREN VERGARA  |  MONDAY, 22 SEP 2025
Mergers and acquisitions in the US wealth management sector have reached unprecedented levels over the last five years and the local sector is poised to benefit highly from this, according to Berkshire Global Advisors.

BT launches new low-cost investment menu

ANGELIQUE MINAS  |  FRIDAY, 19 SEP 2025
BT has partnered with Vanguard to launch a new low-cost investment menu.