Platinum Asset Management has seen its profits halve in the first half of FY2024–25 to $15.9 million as it announces a major investment team shake-up. Funds under management (FUM) were $11.1 billion, ...

Perpetual has withdrawn from its sale agreement with KKR, with Morningstar earlier predicting the move but warning that the company’s $686 million debt could disappoint shareholders hoping for capital ...

The RBA’s concern about repeating its past mistake of responding too slowly to inflation was a key factor behind its decision to implement a rate cut on Tuesday, the governor said. Speaking before the ...

In what it has called the “first partnership of its kind in Australia”, UniSuper has announced it will launch a digital advice offering for members in June. The super fund, which is the fourth largest ...

Charter Hall Group has announced operating earnings of $196.4 million for the first half of FY2024–25, an increase of 0.7 per cent on 1H24. In an ASX announcement on Thursday, the fund manager ...

Betashares has announced the launch of two new exchange-traded funds (ETF) – the Betashares Bitcoin ETF (QBTC) and Betashares Ethereum ETF (QETH). According to the firm, QETH marks the first ...

The prudential regulator confirmed it is considering BUSSQ’s federal court appeal. BUSSQ has lodged an appeal against a decision made by the Federal Court on 31 January, which found the trustee should ...

The investment chief of the $139 billion fund UniSuper has doubled down on his scepticism of cryptocurrency. The CIO of UniSuper, John Pearce, described the recent rally in cryptocurrencies as a “sign ...

The ETF manager has reached a new milestone and has now set its sights on $11 billion by the year’s end. Global X Australia has exceeded $9 billion in assets under management (AUM). This comes just ...