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28 January 2025 • By Jessica Penny • 1 min read

Another fund joins $100bn+ club, records double-digit returns

Cbus’ default Growth (MySuper) investment option generated returns of 10.77 per cent in calendar year 2024. Its second largest option, the high ...

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Platinum takes contrarian stance on US market, targets speculative bubbles

While many fund managers remain overweight on the US, Platinum Asset Management is betting against it, citing recent signs of speculative fervour in ...

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Labor committed to Div 296 despite lack of support

Despite the unlikelihood of securing enough Senate crossbench votes for the controversial tax change, the Treasurer remains firm on Division 296

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Milford AM names CEO

Milford Asset Management has appointed a new chief executive to replace Mark Ryland who departs after 11 years. Blair Turnbull will join the New ...

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Trump makes good on his crypto pledge with latest executive order

Amid concerns that Trump was neglecting digital assets, having left them out of his initial batch of executive orders, the President put ink to paper ...

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Global private credit set for rapid growth as ABF and retail markets expand

The global private credit market is poised for rapid growth in 2025, with assets under management expected to reach US$3 trillion by 2028, fuelled by ...

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Clime IM returns to profitability following cost-cutting initiatives

Clime Investment Management declared a small profit in the December quarter, following a statutory loss of $3.8 million in FY2023–24 and subsequent ...

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ASIC prepping regulatory response to ASX’s ‘unprecedented’ CHESS incident

The country’s largest securities exchange has unpacked the details of the CHESS Batch Settlement incident that occurred last month, with ASIC ...

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InvestorDaily article cited in landmark ASIC case against Firstmac

Firstmac has been ordered to pay $8 million in penalties for failing to meet its design and distribution obligations, according to court documents ...

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Trump's DEI crusade could ripple through Australia, warns professional

The growing push for US corporations to rethink their diversity, equity, and inclusion (DEI) policies is sparking concern among Australian ...

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