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30 May 2024 • By Rhea Nath • 1 min read

Vision Super chair announces new role

Lisa Darmanin, who has served as chair of the fund since 2021, has announced a new role in politics. The chair of Vision Super has departed the ...

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Regal Partners grows FUM, flags possibility of ‘bolt-on acquisitions’

Regal Partners has grown its funds under management (FUM) to $12.2 billion and flagged it may consider smaller bolt-on acquisitions, having withdrawn ...

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abrdn chief executive to depart

Stephen Bird, chief executive of troubled asset manager abrdn, is to depart the fund manager after four years. In a statement to the London Stock ...

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Economists predict rate cuts delay after latest CPI data

Economists agree that the latest monthly CPI data has given the Reserve Bank (RBA) enough reason to postpone rate cuts. Wednesday’s monthly CPI ...

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Are ETFs a pathway to AI?

ETFs are becoming a popular way to capitalise on the growing AI trend. Artificial intelligence (AI) related stocks have seen substantial gains, ...

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Market underestimates Insignia’s recovery potential, says analyst

A strategist believes the market is downplaying Insignia’s ability to stabilise its earnings. Throughout 2023, Insignia experienced a notable ...

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Rio Tinto faces potential class action after recent sexual harassment report

The firm could face a class action brought by employees and contractors who may have been subjected to sexual discrimination or sexual harassment at ...

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Super funds double investments in ‘climate wrecking’ companies

While super funds have doubled their investments in the fossil fuel industry to nearly $40 billion, investments in clean energy companies are ...

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Inflation continues growth trajectory in April

The ABS has released its monthly consumer price index indicator. The consumer price index (CPI) rose 3.6 per cent in the 12 months to April 2024, ...

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Schroders Australia becomes latest manager to rehaul fixed income team

The firm has announced it will merge its Australian fixed income and Australian multi-asset teams. Schroders Australia has announced it will merge ...

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