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29 August 2024 • By Jessica Penny • 1 min read

Apostle adds credit portfolio manager to team

The fund manager has welcomed an experienced portfolio manager to its investment team. Apostle Funds Management has announced the appointment of ...

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Fidelity International Australia names new MD

Fidelity International will see its managing director for Australia depart this month and has appointed an internal successor. Lawrence Hanson was ...

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‘Larger than anticipated’ outflows weigh on Perpetual

The wealth giant has seen a statutory loss for FY2023–24 and provided an update on its KKR deal, which will include the departure of its chairman

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APRA says interaction between private credit and super funds is ‘opaque’

APRA is preparing to launch a stress test to reveal potential “contagion sources”, having found that the interaction between super funds and private ...

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Emerging markets on track to shed laggard status, say professionals

An evolving macroeconomic environment, including US rate cuts, is setting the stage for strong growth from emerging economies. The outlook for ...

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‘Keep the champagne on ice’: Latest CPI data not overly exciting, say economists

Economists broadly agree the RBA is not likely to be overly excited by the latest CPI result. The monthly consumer price index (CPI) indicator rose ...

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New ETF providers aim to disrupt top-heavy market

While a number of firms have entered the local ETP market in recent months, data suggests that Australian investors continue to pour money into their ...

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Property price crash claims are ‘nothing new’, economist says

An economist has dismissed warnings of an impending property price crash, noting that the property market is more complex than “perma property bears” ...

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Mega fund jumps on AI boom with European fibre network investment

It marks the fund’s first infrastructure deal originating out of its London office. Aware Super has taken a minority stake in London-headquartered ...

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Insignia nabs former AMP brand lead

Insignia has announced a brand strategy hire as it makes MLC its go-forward brand for consumers. The firm has appointed Wylie Fowler, who formerly ...

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