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09 December 2024 • By Maja Garaca Djurdjevic • 1 min read

9 in 10 asset managers embrace or plan AI integration: Mercer

Artificial intelligence is reshaping the asset management industry, with a majority of asset managers already leveraging or planning to integrate the ...

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GQG FUM remains resilient despite Adani backlash

GQG Partners has reported funds under management (FUM) have remained reasonably steady after it reported its first FUM decline in 12 months in October

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Elliott to step down as ANZ chief, successor named

Shayne Elliott has announced his intention to retire from the bank, concluding nearly a decade of leadership. After nine years in the role, Shane ...

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Regal walks away from Platinum deal amid latter’s significant outflows

Platinum’s share price crashed after it was revealed Regal had abandoned its planned purchase of the fund manager. In an ASX listing on Monday, ...

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China’s mineral export ban to the US may unlock long-term gains for Australia

China’s recent export ban on critical minerals has demonstrated its more assertive approach to countering US actions amid growing trade tensions

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High valuations position Aussie banks as the most vulnerable sector in 2025

Despite contributing significantly to market gains this year, the Australian banking sector faces a weak earnings outlook for 2025, with stocks ...

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RBA facing tough balancing act as inflation sticks, growth falters

The Reserve Bank of Australia (RBA) is expected to play it safe at its December meeting, leaving the cash rate unchanged amid a delicate balancing act ...

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BlackRock celebrates $10bn ETF milestone

Following its best trading month on record, an iShares ETF has joined a handful of Australia-solicited funds to reach this milestone. BlackRock’s ...

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Asset managers dive into private markets as diversification becomes ‘obvious choice’

With private markets set to account for half of global revenues in a matter of years, asset managers are looking to hop on the opportunities that are ...

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China ahead of US in technological race, says fund manager

With technological superiority increasingly critical to global economic and political dominance, State Street Global Advisors has identified China as ...

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