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27 August 2024 • By Maja Garaca Djurdjevic • 1 min read

AustralianSuper says it remains ‘strongly committed’ to private equity despite $1.1bn hit

Despite a $1.1 billion hit, AustralianSuper says it remains “strongly committed” to private equity. The superannuation fund has written off a $1.1 ...

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Overcrowding in data centres prompts investors to look beyond

Professionals say they are keeping a close eye on a number of significant global trends as data centres continue to attract crowded trades

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Is gold poised for a fresh record high?

Gold has undergone a structural change which has reshaped demand for the asset class. Driven by a confluence of factors, including increased ...

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Industry celebrates Senate’s climate reporting green light

Advocates for mandatory climate disclosures have welcomed the introduction of a nationwide framework that will apply to Australia’s largest companies ...

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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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