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27 August 2024 • By Jessica Penny • 1 min read

Flagship CFS fund grows to $10bn FUM

The 27-year investment vehicle is one of the longest-running options available on platforms FirstChoice and Edge, according to the firm

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Markets sceptical as RBA reintroduced forward guidance

The market is distrustful of the RBA’s restored forward guidance which suggests rate cuts are off the cards this year. Earlier this month, the ...

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Sequoia reports growth despite ‘disruptive’ year

Sequoia reported a $24 million statutory net profit after tax, alongside a boost in continued business revenue of 26 per cent. The firm divested ...

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Experts back industry standards, predict positive regulator assessment despite criticism

ASIC’s 2024–28 corporate plan focuses on enhancing transparency in Australia’s private markets, a step backed by industry leaders who argue it is ...

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Wealth giant reports $547m impairment due to outflows

Perpetual expects a $547 million pre-tax impairment due to net outflows. In an ASX announcement on Monday, the wealth giant revealed it expects to ...

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Praemium sees positive momentum despite full-year profit decline

Praemium has reported a substantial fall in net profit, amid a 30 per cent FUA surge. In an ASX announcement on Monday morning, Praemium reported a ...

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Pinnacle’s UK affiliate launch hits hurdle as Ironbark withdraws mandate

Pinnacle Investment Management’s launch of a new UK affiliate has encountered complications, leading Ironbark Asset Management to withdraw a planned ...

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APRA hits ANZ with $250m capital charge amid misconduct in markets division

APRA has raised ANZ’s balance sheet impost to $750 million due to growing concerns over the bank’s non-financial risk management practices

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Cautious optimism grows for infrastructure as rate cuts loom

Investment executives have painted a positive picture for the asset class over the coming period. With expected interest rate cuts in several major ...

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Alternatives provide ‘springboard for growth’ for Centuria

The specialist investment manager has announced its full-year results. Centuria Capital Group has reported a full-year statutory net profit after ...

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