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06 May 2025 • By Jessica Penny • 1 min read

BlackRock buys into local self-storage market in new deal

The financial giant, via funds managed by its real estate business, has acquired a majority interest in privately owned self-storage player StoreLocal

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Magellan suffers $1bn in net outflows, but reports AUM boost

Magellan’s assets under management (AUM) increased in April despite net outflows of $1 billion. In an ASX filing, the investment manager said its ...

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First Sentier announces executive hire

First Sentier Investors has announced the hire of its incoming chief financial and strategy officer to drive growth. Ashley Conn is set to take up ...

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Future Fund returns exceed target mandate despite market volatility

Australia’s sovereign wealth fund has added billions in value to the Future Fund over the last 12 months, a strong result given the turbulent market ...

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Platinum slapped with $958m mandate loss

Platinum Asset Management has been hit with a significant institutional mandate loss of approximately $958 million, set to take effect on 9 May

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Super funds shift focus to research and resilience

Super funds are recalibrating their strategies in response to evolving geopolitical dynamics and economic policy risks, with major players placing ...

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Crypto industry urges immediate action following Labor’s re-election victory

As the Albanese government secures a resounding re-election win, the crypto industry is calling for swift action on digital asset reform, emphasising ...

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New ETF player to drop suite of US-focused funds on Cboe

A fresh player in Australia’s ETF landscape is set to shake up the market this week with the launch of three new products on Cboe, aiming to challenge ...

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Westpac profit slips amid margin squeeze and cost pressures, weighing on ASX 200

Westpac reported a dip in first-half profit on Monday, with interim earnings of $3.3 billion down 1 per cent compared to the same period last year, ...

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Local private credit player adds to leadership

Vado Private has welcomed a new director and head of funds management to its team as it seeks to grow its presence in the Australian private credit ...

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