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16 January 2025 • By Keith Ford • 1 min read

ASIC appoints new CEO

The corporate regulator has named its new chief executive, who is set to replace retiring interim CEO Greg Yanco in March. The Australian ...

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Employment rises by 56k as jobless rate ticks up

The jobless rate has moved up slightly; however, employment numbers saw another large boost. The seasonally adjusted unemployment rate rose by 0.1 ...

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BlackRock undergoes reshuffle following exec departure

The departure of Mark Wiedman from BlackRock after his 21-year tenure at the asset manager has prompted a reshuffle. BlackRock’s head of global ...

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Market volatility and shift away from tech put healthcare in spotlight

Healthcare stocks’ defensive characteristics are positioning the sector to benefit from an anticipated rotation away from the expensive tech stocks, ...

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Platinum partners with Northern Trust for $11bn asset servicing

Platinum Asset Management has appointed Northern Trust to provide asset servicing solutions for their $11 billion Australian funds. Under the new ...

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Private credit to gain momentum as Australia lags global rate-cutting cycle: IFM

Australia’s improving economic outlook will see “a rising tide lifting all boats”, debt investment professionals have said. Entering 2025, the ...

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Investors exit risk-seeking territory but hold strong to equity allocations

Institutional investors have broken their four-month stint of risk-seeking activity. The State Street Risk Appetite Index fell to -0.09 in ...

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ETF market surges amid concentrated flows and new launches

The local ETF industry witnessed a record number of product launches last year, new data has revealed. The Australian exchange-traded fund (ETF) ...

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$8bn on the table in wealth giant’s latest strategic data centre deal

Macquarie Asset Management is investing up to US$5 billion ($8.09 billion) in Applied Digital’s high-performance computing data centre pipeline. In ...

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IFM, HESTA make major investment in leading EV fleet owner in Australia

IFM Investors and HESTA have announced a significant investment in an Australian-owned subscription vehicle provider, which boasts one of the largest ...

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