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27 June 2025 by [email protected]

ASIC’s private credit probe expected to home in on retail space

IFM Investors expects ASIC’s ongoing surveillance and action in the private credit market to focus predominately on direct investment by retail ...
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Don’t write off the US just yet, Fidelity warns

Despite rising geopolitical risks and volatile macro signals, Fidelity has cautioned investors against a full-scale ...

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Australia’s economic growth to accelerate despite ‘fragile global environment’

The pace of economic growth in Australia is expected to “grind higher over coming quarters” off the back of lower ...

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Super sector welcomes US retreat on tax measure that risked $3.5bn in losses

The superannuation sector has welcomed confirmation that a controversial US tax provision will be removed

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Managed fund inflows surge as Australian investors lean into global volatility

Australian investors have poured billions into managed funds in 2025, demonstrating surprising resilience amid global ...

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AustralianSuper slammed for alleged ESG breach

The super fund has entered the cross hairs of Market Forces due to its large shareholding in Whitehaven Coal

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An investment view on climate change - Column

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By Charlie Corbett
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1 minute read

Separately managed accounts (SMA) provider Direct Portfolio Services (DPS) has appointed Angela Tennant as institutional relationship manager.

Tennant joins from Zurich, where she was a senior research analyst. "The SMA segment is now attracting a lot of interest, particularly among the major platform providers, and we see Angela's appointment as crucial to developing this market further", DPS chief executive Tracy Byrne said. In July, financial services company First Capital Group bought DPS for $14.6 million. DPS has two main offerings: DirectPortfolio manages SMAs for direct investors and has $190 million under management, and ShareInvest II for financial advisers, which has around $50 million in funds under management.