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23 April 2024 • By Laura Dew • 1 min read

FSI to hand back $14bn to investors amid fund closures

The firm has announced it will close four investment teams spanning Australian fixed income, global credit, equity income, and emerging companies

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Mega fund’s sustainable options raise greenwashing concerns

A member of $135 billion UniSuper has approached ASIC to investigate potentially misleading or deceptive representations by the fund regarding ...

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‘Stunning’ rally helps super returns climb for fifth consecutive month

The median growth fund delivered 1.9 per cent in March, adding to the “stunning” rally that has seen super funds gain 11 per cent since November. A ...

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Could the AI boom spell trouble for emerging markets?

Investment executives’ perspectives vary on whether AI adoption, despite the productivity gains it offers, could pose a headwind for emerging markets ...

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Chalmers warns of Middle East conflict’s inflationary impact, outlines budget focus

Recent escalations in conflict across the Middle East have triggered concerns not just about regional stability but also global economic ...

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Industry bodies back government’s ‘sensible and pragmatic’ climate disclosures

Over a dozen organisations, including the Financial Services Council and Responsible Investment Association Australasia, have voiced their support for ...

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Vanguard calls for super performance test ‘status quo’

Vanguard has affirmed its support for the current super performance test, emphasising the importance of keeping the process straightforward

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Pengana outlines plan for ‘unparalleled’ private credit trust

The fund manager is launching a listed global private credit investment vehicle for Aussie investors. Pengana Credit has announced plans for a ...

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Finalists announced for Fund Manager of the Year Awards 2024

Ninety finalists have been chosen to compete at the 36th annual Fund Manager of the Year Awards. Hosted by InvestorDaily’s sister brand, Money ...

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Court sentences company founder for market manipulation

ASIC has taken additional steps to bolster market integrity in Australia by securing the conviction of another market participant for engaging in ...

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