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06 June 2023 • By Keith Ford • 1 min read

How generative AI could impact investment management

Financial services company Northern Trust says that while generative AI has the ability to radically alter every industry on the planet, its use in ...

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RBA delivers highly anticipated June rate decision

The central bank has announced its official cash rate decision amid signs of a resurgence in inflationary pressures. The Reserve Bank of ...

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Sequoia confirms Morrison divestment

The firm has confirmed the sale of 80 per cent of its equity interest in Morrison Securities to New Quantum. In an ASX listing this week, Sequoia ...

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Magellan FUM shrinks again

The fund manager released its monthly funds under management (FUM) update, which showed slightly lower net outflows than over previous months

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ASX releases CHESS audit reports

The ASX has released a special report relating to the clearing and settlement system for Australia’s securities market. The securities exchange ...

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MA Financial welcomes managing director to bolster Middle East investor relations

A global asset management veteran will join the firm in mid-June. ASX-listed MA Financial Group has announced the appointment of Anthony Habis as ...

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Ex-Perpetual, MLC CEO appointed Stake chair

Financial services leader Geoff Lloyd has joined the brokerage platform as it doubles down on long-term growth. In a major move for the firm, Stake ...

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Cboe launches global listing offering

The market operator has expanded the trading reach of growth companies and asset managers “committed to innovation with a global impact”

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Competition ‘far from a concern’ in super industry: APRA

The deputy chair of the prudential regulator has dismissed competition concerns in the superannuation industry amid the rise in mergers and ...

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Aussie investors rooted in local small cap bias, fund manager suggests

A fund manager has suggested that Australian investors are overlooking an opportunity by only investing in small companies closer to home

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