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13 November 2024 • By Rhea Nath • 1 min read

Mason Stevens names new asset allocation lead following departure

Mason Stevens has appointed a portfolio manager from AMP as its new head of asset allocation as David Macri departs after just over a year

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Cbus to appear at Senate economics after initial hesitation

InvestorDaily understands that Cbus will be appearing at tomorrow’s Senate economics committee hearing. Following speculation regarding Cbus’ ...

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AusSuper exec joins Rest in key private markets role

The $89 billion fund has announced a new leadership role within its private markets team. Rest has announced a new addition to its leadership team, ...

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CBA posts $2.5bn quarterly profit

The bank’s Q1 cash profit was flat compared to the same period last year, as it braces for ongoing economic uncertainty. Commonwealth Bank (CBA) ...

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Another major personnel change announced at Magellan

Magellan’s chief operating officer and chief financial officer has resigned. The asset manager said in an ASX listing on Wednesday that Kirsten ...

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Insignia puts the focus on AI for 2030 strategy

Ahead of its investor day, the firm has outlined how it aims to become an “AI-enabled organisation”. Insignia Financial said its new business ...

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Chalmers confident in Australia’s readiness for Trump administration amid trade concerns

The Treasurer insists “nobody should underestimate” Labor’s ability to work with the Trump administration, but admits Australia has more to lose than ...

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ETF industry smashes YTD flows record

Persistently strong net flows into ETFs have helped the local industry crush the annual record set in 2021, despite two months still remaining in the ...

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ASIC launches legal proceedings against Cbus

ASIC has filed documents in the Federal Court, formally launching legal proceedings against Cbus. InvestorDaily understands the corporate regulator ...

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Super funds brace for more volatility amid Trump’s re-election and steady rates

Despite strong superannuation returns at the start of the financial year, super funds could be in for a rockier ride ahead with volatility expected to ...

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