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11 December 2024 • By Laura Dew • 1 min read

GQG closes fundraising on first private markets fund

GQG Partners has closed fundraising on its initial private markets fund, having raised $145 million. In March, the firm acquired stakes in Avante ...

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Chalmers and Bullock chart path for RBA reforms

With the legislation introducing a two-board system set to take effect on 1 March, Treasurer Jim Chalmers and Reserve Bank governor Michele Bullock ...

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Economists divided as RBA hints at upcoming rate cuts, market prices in February move

The RBA has marked a shift in tone, dropping its usual phrase about “ruling anything in or out” to signal an evolving approach as fresh data shapes ...

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Boutique managers struggle against rising competition

Recent developments have underscored the view that boutique asset managers, such as GQG and Platinum, lack a sustainable competitive advantage and are ...

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Perpetual chair’s early hints on deal delays gain relevance amid tax issues

In October, Perpetual’s chair, Tony D’Aloisio, foreshadowed potential delays in the company’s deal with KKR, citing regulatory hurdles and tax ...

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Consolidation and funding challenges shrink Australia’s fintech sector: KPMG

The number of Australia-headquartered active fintech businesses has dropped 7 per cent year-on-year, driven by sector consolidation, mergers and ...

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Insignia taps global firm to ‘transform’ Master Trust business

Just weeks after the firm finalised the separation of MLC Wealth from NAB, Insignia has entered an agreement to “simplify and transform its Master ...

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RBA delivers last rate decision of 2024

The central bank has delivered its last rate decision for the calendar year. The Reserve Bank of Australia (RBA) has announced another rate hold ...

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ART welcomes risk veteran to executive team

The $300 billion fund has appointed a new CRO to drive its governance capabilities. Australian Retirement Trust (ART) has announced the appointment ...

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Funds SA nabs Hostplus deputy CIO

The $46 billion investment corporation, owned by the government of South Australia, has added an experienced investment professional to its leadership

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