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18 April 2024 • By Rhea Nath • 1 min read

BlackRock and Blackstone outline next ‘enormous’ opportunity in AI

Global mega managers are looking beyond traditional artificial intelligence to uncover the next significant development arising from this boom

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Praemium’s Powerwrap outflows continue amid FUA growth

Praemium’s Powerwrap platform experienced net outflows of $53 million as advisers continued to transition, bringing total gross outflows from these ...

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Is the energy transition being left out of the thematic ETF resurgence?

Thematic ETFs are back in favour but those tracking the energy transition are being left behind, according to new data. While the energy transition ...

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Sequoia chair steps down

Sequoia Financial Group has seen a top-level reshuffle as the chair of the board, John Larsen, steps down after five years. Larsen joined the board ...

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Australian Ethical continues FUM growth streak, surpasses $10bn

The ethical investment manager has reported record FUM as its growth trajectory continues apace. Australian Ethical’s funds under management (FUM) ...

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Positive investment markets drive AUM growth at AMP

The wealth management company reported a substantial increase in its superannuation and investments AUM in the first quarter. In an announcement on ...

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Gradual loosening in the jobs market not consistent with near-term rate cuts, economist says

According to an economist, for the RBA, the key question will be whether the very gradual loosening in the jobs market will be enough to continue to ...

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Rate cut delay looms larger as Aussie dollar hits 5-month low

Powell has quashed expectations of a June Fed interest rate cut, sending the Australian dollar to new lows and planting seeds of doubt in rate ...

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Super fund CIOs highlight attraction and risks of private credit

Super funds invest in illiquid assets like private credit despite their nature, without inherent restrictions, the chief investment officers of ...

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Platinum CEO updates on firm’s turnaround strategy

Platinum Asset Management chief executive, Jeff Peters, has shared a progress update on its turnaround strategy, first announced in February

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