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02 December 2024 • By Jessica Penny • 1 min read

Magellan launches first long-short fund as part of Vinva collab

The fund manager has unveiled its third fund launch in collaboration with Vinva Investment Management, introducing its first long-short strategy

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Netwealth surpasses $100bn FUA milestone, launches new platform

The firm has now surpassed $100 billion in funds under administration (FUA), comprising $99.5 billion of custodial FUA and $0.7 billion of ...

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Bullock defends RBA’s rate hold as economists push back rate cut expectations

Reserve Bank governor Michele Bullock’s defence of the RBA’s decision to hold interest rates at 4.35 per cent was followed by economists revising ...

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Guillotines, bills, and elections: Is this Albanese’s frenzied endgame?

Much like Marie Antoinette, the Albanese government’s term could end with a guillotine. Speculation around an early election has been swirling ever ...

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Swan defends competency of Cbus directors in Senate appearance

The Cbus chair has maintained the fund’s directors satisfy necessary fit and proper tests, while also defending the board nominations made by the ...

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Australia secures merger overhaul as sweeping reform passes Senate

While merger parties are now set to face new mandatory notification requirements, the competition regulator has welcomed its expanded regulatory ...

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RBA slated for 1 March transformation: Will it impact monetary policy?

The Albanese government has passed historic reforms to overhaul the Reserve Bank of Australia, splitting it into two boards. After a flurry of ...

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Objective of super now in ‘ironclad law’: Industry reacts

A decade in the making, industry bodies have praised the passage of the objective of super on Thursday. In a dramatic final day of Parliament, the ...

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Global asset managers sued over alleged anti-competitive ESG practices

Texas and 10 other Republican states have filed a lawsuit against some of the world’s largest asset managers for their “ESG agenda”

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Markets enter ‘lame duck’ period ahead of Trump inauguration

With Trump’s inauguration still weeks away, an investment firm warns that market momentum may slow as investors await clearer signals on policy ...

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