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27 August 2024 • By Laura Dew • 1 min read

Sequoia reports growth despite ‘disruptive’ year

Sequoia reported a $24 million statutory net profit after tax, alongside a boost in continued business revenue of 26 per cent. The firm divested ...

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Experts back industry standards, predict positive regulator assessment despite criticism

ASIC’s 2024–28 corporate plan focuses on enhancing transparency in Australia’s private markets, a step backed by industry leaders who argue it is ...

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Remembering Greg Bright: A legacy in financial journalism and beyond

Publisher and entrepreneur Greg Bright, the visionary founder of Momentum Media’s brands InvestorDaily, ifa, and Super Review, has passed away at the ...

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Fund comes under scrutiny over major investment

Members of the university sector superannuation fund are raising concerns about the operations of one of its major holdings. UniSuper members are ...

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Powell says it’s time to cut rates, pivots to downside labour risks

After the Federal Reserve chair all but gave the green light to price in rate cuts this year, experts are now closely watching incoming labour data to ...

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BlackRock to launch its longest duration bond ETF

The asset manager has extended its local iShares fixed income range. BlackRock Australia has announced its intent to launch the iShares 20+ Year US ...

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Regal Partners posts 349% surge in NPAT, fuelled by revenue growth and acquisitions

Regal Partners reported a 349 per cent surge in normalised NPAT, driven by higher revenues and the inclusion of results from PM Capital and Taurus

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SSGA announces 5% strategic stake in Raiz

State Street Global Advisors has unveiled its strategic investment in an Australian fintech. Raiz Invest Limited and State Street Global Advisors ...

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Wealth giant reports $547m impairment due to outflows

Perpetual expects a $547 million pre-tax impairment due to net outflows. In an ASX announcement on Monday, the wealth giant revealed it expects to ...

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Praemium sees positive momentum despite full-year profit decline

Praemium has reported a substantial fall in net profit, amid a 30 per cent FUA surge. In an ASX announcement on Monday morning, Praemium reported a ...

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