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27 May 2024 • By Rhea Nath • 1 min read

Principal Asset Management opens EM debt strategy to Australian instos

Open to wholesale and institutional investors in Australia, the strategy looks to capitalise on increased interest in emerging market debt

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AI is fuelling market share gains of ASX-listed advice platforms

The rapid adoption of artificial intelligence (AI) by ASX-listed tech giants like HUB24 and Netwealth is reshaping the financial advisory landscape, ...

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Cromwell sharpens focus on Australia with sale of European platform

The property group has announced the sale of its European funds management platform for $457 million as it looks to Australia and New Zealand for ...

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Australian Ethical to grow FUM above $12bn with new acquisition

The acquisition, when completed, will see Australian Ethical grow its funds under management to circa $12.3 billion. Australian Ethical has entered ...

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GO.FARM launches $300m capital raise

The purpose-led Australian agribusiness with more than $1.1 billion in assets under management, has launched a $300 million capital raise, which ...

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Pengana Global Private Credit Trust IPO reaches $100m on first day

The investment vehicle, limited to $250 million, has seen strong interest as investors and advisers seek exposures to global private credit

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Global X bitcoin ETF tops $100m, awaits SEC Ethereum approval

Global X’s Australian-listed bitcoin ETF has surpassed a record $100 million in assets under management. With the price of bitcoin still supported ...

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Schroders’ CIO envisions AI as the next standalone portfolio manager

A CIO believes her role may be obsolete in the near future as AI’s impact on the investment process continues to grow. Schroders is already using ...

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Sydney investment firm hit by alleged data breach, impacting 400k+ customers

A member of a popular clear web hacking forum has claimed they have the personal details of more than 400,000 Australian customers of a Sydney-based ...

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GQG completes acquisition of US boutiques from PAC

The three firms will represent the foundational investments for GQG’s private capital investment advisory business, with PAC CEO Paul Greenwood coming ...

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