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05 July 2024 • By Jessica Penny • 1 min read

Global X rounds up Mag Seven in hedged ‘next-gen’ tech ETF

The ETF provider has launched the currency hedged ETF version of its most popular growth-oriented fund. Global X ETFs has announced the launch of ...

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Is Labor reconsidering the $3m super tax?

The word on the street is that the government is rethinking its approach to the $3 million super tax after the bill was sidelined in the House of ...

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ANZ, Blackstone team up to launch HNW alts fund

Blackstone and ANZ have launched the Graphene Alternative Fund for the bank’s private clients. The fund, which is described as an absolute return ...

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‘Narrow’ ASX universe spurs funds to mull overseas opportunities

While funds acknowledge that there are asset-specific opportunities domestically, they concede that the narrowing prospects on the ASX have driven ...

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Retail funds cite equity allocations as ‘core drivers’ of FY23–24 returns

AMP and CFS have highlighted how domestic and global equities have contributed to strong results in the last financial year. Exposure to the share ...

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‘Not a capable regulator’: Why Bragg wants to split ASIC

The committee chair singled out the regulator’s broad remit as cause for concern, but government senators say he’s just out to grab headlines

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Cbus announces high single-digit FY23–24 results

It noted funds with a more diversified approach like itself saw a more staggered performance compared to those with concentrated exposures to shares ...

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Aware Super reports second consecutive double-digit result

The $175 billion fund has announced a strong return from its high growth default option. Aware Super has announced a double-digit return of 11.02 ...

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Global private equity firm sets up shop in Australia

A new private equity firm has entered the Australian market. Advent International has announced the opening of its office in in Sydney to service ...

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Magellan’s swaying fortunes dampen FUM recovery in June

Magellan Financial Group has reported a drop in funds under management (FUM) as the firm’s flows continue to fluctuate. In an ASX statement, ...

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