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22 October 2021 • By Fergus Halliday • 1 min read

RBA backflips on ‘no-surcharge’ rules for BNPL

Australia’s central bank has changed its mind about whether existing credit card surcharge rules should apply to Afterpay and Zip. The Reserve Bank ...

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Macquarie to acquire Central Park Group, divest One Rail Australia

Macquarie Group has announced an acquisition and a divestment, back-to-back. On Thursday, Macquarie Group confirmed its asset management division ...

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Median growth super funds fall in September

The gains made by super funds across the first half of the year have been set back by disruptions within the global economy. Following the strong ...

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Performance concerns and a lack of robust data are major barriers for ESG adoption

Institutional and wholesale investors have identified their greatest challenges with ESG. Almost half of global institutional and wholesale ...

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Pinnacle backs OpenInvest’s 'home-grown' tech platform with $3m

Pinnacle is backing OpenInvest’s new “home-grown" technology platform roll out with $3 million. Pinnacle Investment Management has invested $3 ...

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IOOF announces name change

The restructure of IOOF following its acquisition of MLC will result in a name change to Insignia Financial. IOOF is poised for a rebrand to ...

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BT Panorama reports rise in FUA

The wealth platform recorded FUA growth during the latest quarter following the BT Wrap migration. BT Panorama has reported a 4 per cent increase ...

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Fiducian posts strong FUMAA growth in Q1

Fiducian's funds under management, advice and administration (FUMAA) hit $11 billion as at 30 September.  Fiducian experienced growth in FUMAA of ...

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Institutional investors to boost exposure to alternative assets

More than half of institutional investors and wealth managers expect a dramatic increase in diversification. Institutional investors are set to ...

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Fintechs struggle to find the right investors as capital raisings soar

Over half of fintechs say they are struggling to find suitable investors. Fintechs have declared finding the right investors as their biggest ...

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