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06 March 2024 • By Rhea Nath • 1 min read

UniSuper and ISPT join forces on $4bn logistics precinct deal

The off-market transaction has led to the acquisition of a 280-hectare greenfield logistics development site adjacent to the new Western Sydney ...

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Q4 GDP falls short of expectations

The Australian economy expanded at a slower pace than expected in the fourth quarter of 2023. Australia’s GDP grew by 0.2 per cent in the fourth ...

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ACCC rules out ANZ-Suncorp acquisition appeal

The commission has provided an update on its stance regarding the hotly discussed authorisation for ANZ’s acquisition of Suncorp’s banking business

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Magellan continues FUM uptick

The fund manager has reported its fourth consecutive monthly increase in funds under management. Troubled fund manager Magellan Financial Group has ...

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NYCB's struggles: A warning sign for broader banking crisis?

Commercial real estate has taken a dive but so have banks with exposure to the sector, so could this spark a broader banking crisis? Shares in US ...

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Loftus Peak takes over reins of disruption fund

The firm commenced management of the Orca Global Disruption Fund this month, bringing its total FUM to more than $700 million. Loftus Peak has ...

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Don’t put all your eggs in the AI basket, market specialists warn

While winners of the tech rally have posted considerable earnings growth this reporting season, market specialists are warning investors not to wholly ...

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How did financial services salaries stack up in 2023?

Salary increases in financial services, alongside industries like technology media and gaming, were higher than the general industry benchmark last ...

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Australia’s largest super fund commits additional £8bn towards UK investment portfolio

AustralianSuper is seeking to build out its UK portfolio with investments in areas like digital infrastructure and the energy transition as it ...

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Finalists unveiled at first-ever Australian Wealth Management Awards

Over 260 finalists have qualified for the inaugural Australian Wealth Management Awards 2024. InvestorDaily invites them to lodge their ...

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