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

Magellan’s recovery hits a roadblock in April

The fund manager’s recovery was halted in April after a promising streak lasting several months. Troubled fund manager Magellan Financial Group has ...

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From hawkish patience to potential rate hikes: Experts voice their predictions

As the Reserve Bank of Australia gears up for its May 2024 meeting, financial experts are assessing the economic landscape and speculating on the ...

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Australian economic recovery to begin in 2025: OECD

Amid concerns of where the Australian economy could land this year, the OECD has cautioned of a slow year ahead, dampened by higher interest rates and ...

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Aware Super predicts paradigm shift in ESG and portfolio value

The chief executive of the $150 billion fund anticipates a significant shift in how ESG factors will influence portfolio values in the next six years, ...

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ASIC secures first court win on crypto payment facility

In a first of its kind ruling, the Federal Court has found BPS Financial guilty of engaging in unlicensed conduct related to its 'Qoin Wallet,' a ...

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ART adds thermal coal to its list of exclusions, affirms net zero pledge

Australia’s second-largest super fund has added thermal coal companies to its list of investment exclusions. Australian Retirement Trust (ART) is ...

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Mercer Super expands offering with workforce super solutions

The fund has expanded its corporate superannuation solutions to partner with Australian businesses of all sizes. Mercer Super has announced the ...

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Macquarie reports 32% profit drop amid market volatility

The bank’s net profit plummeted by 32 per cent, primarily due to challenges in its commodities trading division. Macquarie Group announced on ...

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Asset owners acknowledge ‘return penalty’ of poor investment governance

A survey of over 20 Australian institutional asset owners has found the majority believe poor investment governance could cost their portfolios 1 per ...

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Australian institutional investors turn to private markets for risk management

Australian institutional investors are reducing investment risks as a direct result of the current environment by increasing their allocations to ...

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