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22 July 2024 • By Jessica Penny • 1 min read

PAC offloads interest in Euro investment manager

The multiboutique asset management firm is expected to receive US$61.2 million for the transaction. Pacific Current Group (PAC) has agreed to sell ...

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Ethical manager closes up shop after 6-year stint

Ethical fund manager, Ethical Partners, is understood to have closed up shop after six years in business. The firm was established in 2017 by ...

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Bitcoin and gold rose post-Trump incident, but not comparable, says strategist

While both bitcoin and gold gained following the attempted assassination of Donald Trump, a strategist insists the two are not comparable

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Report shows Aussie CEOs more likely to lose their job than their bonus

While CEO pay levels have decreased in many of Australia’s listed companies, bonus payments have become the norm, new research has shown

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Expert weighs in on Google parent’s historic US$23bn buyout offer

As the cyber security industry reaches its “tipping point”, a market strategist has said that Alphabet’s proposed US$23 billion acquisition may just ...

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High interest rates and inflation stifle 2024 IPO market

The IPO market in 2024 remains sluggish due to high interest rates and inflation, with only 13 listings in the first half of the year. Higher ...

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Australian Ethical sees 13% growth in FUM amid strong super flows

Australian Ethical has reported $10.4 billion in funds under management (FUM), up by 13 per cent during the June quarter. The firm said it saw ...

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‘Roundaphobia’ to drive ASX 200 to new record, says economist

A psychological impact called roundaphobia is projected to attract more investors to the ASX 200, pushing it to a new record high of 8,100 this year

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Which Aussie bank is the largest fossil fuel lender?

Australia’s big four banks have added upwards of $61 billion into fossil fuels since the global agreement to limit climate change was adopted in Paris ...

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SSGA adds High Growth option to ETF model portfolios

State Street Global Advisors (SSGA) has launched a High Growth investment offering for advisers seeking to service younger investors. SSGA said the ...

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