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25 March 2024 • By Jessica Penny • 1 min read

State Street subsidiary takes over Perpetual front office operations

Perpetual is adopting the investment management solution of one of Pendal Group’s long-term partners. Charles River Development, a State Street ...

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Goldilocks consensus premature amid ‘deteriorating’ consumer health: Investment manager

New research has highlighted the potential for a hard landing in the Australian economy despite the prevailing “Goldilocks” outlook, as consumer ...

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Prime Dairy celebrates dairy milestone with Woolnorth farm acquisition

Prime Dairy, a subsidiary of Melbourne-based fund manager Prime Value Asset Management, has reached a significant milestone with its acquisition of a ...

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Allianz Retire+ welcomes new distribution lead

The firm has grown its wealth management team with an experienced distribution specialist. Allianz Retire+ has announced the appointment of Brendon ...

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ANZ agrees to settle class action for $57.5m

ANZ has agreed to pay $57.5 million to settle a credit cards class action. ANZ announced on Monday that it has reached an agreement to settle a ...

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Bearish sentiment festers on Australian banks amid market rally

While little exposure to the big four banks has cost Firetrail Investments in the last six months, its deputy managing director remains convinced ...

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Investment managers place bets on smaller AI ‘disruptors’

There are good reasons to be excited about artificial intelligence, but opportunities in this space go beyond the Magnificent Seven, a professional ...

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Super on track to represent more than half of ASX market cap: Deloitte

A new report has once again flagged super funds’ capacity problem, with funds likely to represent over 50 per cent of the ASX market capitalisation if ...

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RBA flags global risks to financial stability despite brightening outlook

Global financial stability risks are “elevated” even as the outlook has improved, according to the Reserve Bank. The Reserve Bank of Australia ...

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Fund leaders admit contest for the ‘best reasons’

As the discourse pivots to how members live post-retirement, super fund leaders agree they are in contest for the “best possible reasons”

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