InvestorDaily understands that funds are largely opposed to the government mandating annuities, following the release of a confidential proposal outlining plans to address the challenges of ...

Magellan is hopeful its new executive leadership structure will help the asset manager tap into sustainable growth, while confirming that Stack’s departure could impact client retention in listed ...

Almost a year after it was referred, the parliamentary joint committee inquiry into the wholesale investor test has kicked the can down the road. Last week, the parliamentary joint committee (PJC) on ...

February’s rate decision has been the most anticipated in over a year. For the first time in over four years, the Reserve Bank of Australia has delivered a rate cut, reducing the rate from 4.35 per ...

Interest in bitcoin ETFs is on the rise, with retail investors still leading the charge, but cautious institutional involvement is steadily growing. According to Jamie Hannah, VanEck’s deputy head of ...

The Future Fund has upped its stake in CDC Data Centres under a deal worth over $2 billion. In a statement on Tuesday, the country’s sovereign wealth fund said it has inked a deal with the ...

A report advocating for reduced union involvement in super funds was tabled on Thursday on behalf of Senator Andrew Bragg. Tabled just after 5pm on Thursday, the third interim report of the 15-month ...

Macquarie has become the first major Australian lender to exit the Net-Zero Banking Alliance (NZBA) following a series of exits last year by its US banking peers in the wake of Trump’s re-election. In ...

AMP is here to play again, says Alexis George, after the firm released its latest financial update, revealing how the sale of its advice business dented its profits. Having successfully completed the ...

Qantas Super has announced the completion of its merger with the Australian Retirement Trust. In a statement on Thursday afternoon, Qantas Super said its board has signed a successor fund transfer ...

The firm has expanded its suite of products offering exposure to US markets with the launch of a dedicated Russell 2000 Capped Index-tracking ETF. Global X announced on Wednesday the launch of the ...

Investor allocations into US equity ETFs have surged since Trump’s first term, with an investment strategist predicting that the President’s pro-growth agenda will benefit an even wider segment of the ...