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28 February 2024 • By Rhea Nath • 1 min read

Pendal synergies bolster Perpetual’s 46% UPAT growth

The asset manager has announced “resilient revenue and underlying profit growth” in its latest half-year results. Perpetual’s underlying profit ...

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ASIC takes action against former Blockchain Global director

ASIC has secured interim travel restraint orders against former Blockchain Global director Allan Guo. Allan Guo was referred to the Australian ...

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Fidelity launches global bond fund in Australia

The firm says the launch is part of a continued effort to expand its fixed income capability in Australia. Fidelity International has announced the ...

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Cooling inflation gives merit to rate cut discussions

The ABS has released its monthly consumer price index indicator. Inflation rose 3.4 per cent in the 12 months to January 2024, according to the ...

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Wealth managers’ gender pay gaps exposed

Several finance firms reported pay gaps far exceeding the national average. On Tuesday, it was revealed that financial and insurance services were ...

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Why investors ought to hold out hope for Chinese markets

All is not all lost with regard to China this year, according to a number of investment executives who argue that peak pessimism is actually offering ...

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Industry body warns of overreach in sophisticated investor test changes

The Property Funds Association of Australia has warned numerous unlisted fund managers could be significantly impacted by current proposals to amend ...

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Dotcom bubble holds lessons amid AI frenzy: Fidelity

The investment manager has addressed whether the artificial intelligence rally is demonstrating signs of a nascent bubble, noting parallels between ...

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VanEck appoints 2 new associates, eyes Brisbane expansion

Fund manager VanEck continues to expand its Australian team and sets its sights on Brisbane. On Tuesday, VanEck announced the addition of two new ...

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Fund puts $150m in latest impact investment

The $75 billion fund has gained exposure to decarbonisation solutions in its latest impact investment. Rest has made an initial investment of $150 ...

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