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04 March 2025 • By Jessica Penny • 1 min read

Cryptocurrency turns on a dime despite strong weekend rally

While Trump’s signal of progress on the US administration’s cryptocurrency reserve sparked a brief market rally, broader economic concerns and trade ...

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Global asset manager inks $345m investment with AZ NGA

Global investment manager Barings has announced a $345 million debt investment into Oaktree Capital-backed AZ NGA. The company confirmed it has ...

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Gender pay gap persists in financial and insurance industry, data shows

Despite being considered a “gender-balanced” industry, a new outlook on the gender pay gap in Australia has flagged the ongoing challenges in pay ...

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Wealth managers worldwide set to boost active ETF allocations

Wealth managers globally have said they are highly likely to increase their allocations in active ETFs, according to MSCI. The index providers’ ...

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Longo calls crypto ‘highly speculative’ and risky, urges greater transparency

The ASIC chair has reiterated that while cryptocurrency is “highly speculative” and risky, it is not illegal. Speaking at Senate estimates last ...

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GQG CFO steps down, MA Financial welcomes new board member

GQG Partners’ chief financial officer is set to depart, while MA Financial has welcomed a new independent non-executive director to its board

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Analyst flags mixed views on Perpetual’s strategic shift

An analyst has said it is crucial for Perpetual to secure the highest possible takeover premium for its wealth business, after the unexpected collapse ...

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Clime returns to operating profit amid turnaround program

Clime Investment Management has reported a return to operating profit of $406,000 for the first half of FY2024–25. The firm had previously flagged ...

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US equity dominance poses uphill battle for active managers

With market concentration and macro headwinds posing a significant challenge for global active managers last year, many struggled to keep pace with a ...

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Generation Life closes out 2024 with $3.8bn FUM

The ASX-listed company has reported significant FUM growth in 2024, fuelled by strong investment bond sales and the strategic acquisitions

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