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04 March 2025 • By Jessica Penny • 1 min read

BlackRock expands private markets footprint with completed Preqin buyout

The wealth giant has completed its acquisition of a leading provider of private markets data as investors continue to increase allocations to this ...

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RBA maintains cautious stance, no commitment to more rate cuts

The RBA has signalled a cautious approach to further rate decisions, noting that it does not commit to additional reductions in the cash rate target ...

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Global X adds BDM amid business growth

Global X has appointed a senior business development manager (BDM) to its sales team as it targets $11 billion in assets under management (AUM) by the ...

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Global asset manager inks $345m investment with AZ NGA

Global investment manager Barings has announced a $345 million debt investment into Oaktree Capital-backed AZ NGA. The company confirmed it has ...

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Gender pay gap persists in financial and insurance industry, data shows

Despite being considered a “gender-balanced” industry, a new outlook on the gender pay gap in Australia has flagged the ongoing challenges in pay ...

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Accenture’s rollback on DEI raises concerns over Australian compliance

Minister for Finance Katy Gallagher last week warned that multinational firms dropping DEI practices to comply with US President Trump’s executive ...

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AustralianSuper penalty sparks debate on industry v retail fines

A $27 million fine imposed on AustralianSuper has raised concerns over ASIC’s approach to penalties, with a senator questioning whether the ...

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Wealth managers worldwide set to boost active ETF allocations

Wealth managers globally have said they are highly likely to increase their allocations in active ETFs, according to MSCI. The index providers’ ...

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Super summit highlights growing global role, NSW to host follow-up later this year

Australia’s superannuation system was front and centre at the inaugural Superannuation Investment Summit in the US last week, positioning the nation’s ...

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Longo calls crypto ‘highly speculative’ and risky, urges greater transparency

The ASIC chair has reiterated that while cryptocurrency is “highly speculative” and risky, it is not illegal. Speaking at Senate estimates last ...

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