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30 May 2024 • By Maja Garaca Djurdjevic • 1 min read

GDG halts trading amid rumours hinting at a Lonsec acquisition

A trading halt all but confirmed Generation Development Group’s reported acquisition of the shares in Lonsec it doesn’t yet hold. GDG announced a ...

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ASX revokes trading status of Fidelity fund

The investment manager has announced changes to the Fidelity Global Demographics Fund. Fidelity has confirmed there will be changes in the trading ...

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Outsourced trading gains prominence amid market volatility

While outsourced trading emerged as a defensive play for resource-conscious funds, the number one benefit reported by 1 in 2 current users is improved ...

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its funds under management (FUM) to $12.2 billion and flagged it may consider smaller bolt-on acquisitions, having withdrawn ...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