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30 April 2024 • By Jessica Penny • 1 min read

Challenger completes banking arm sale to Heartland Group

Heartland Group’s New Zealand banking subsidiary has completed its acquisition of Challenger Bank. Effective 1 May, Challenger Bank will begin ...

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Engagement over divestment: Unlocking the path to net zero

With energy transition remaining a significant challenge, a global index provider executive has argued that engagement could trump divestment

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Markets shifting to be less driven by top-down views: SSGA

While valuations remain elevated in most parts of the market, State Street Global Advisors is forecasting company fundamentals to come to the fore as ...

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NAB completes strategic move in New Zealand

NAB has announced the completion of the sale of its New Zealand wealth management businesses to FirstCape. National Australia Bank Limited (NAB) ...

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Supreme Court gives green light to Link’s $1.2bn takeover

The NSW court has agreed to the proposed acquisition of Link following recent approval from shareholders. The Supreme Court of NSW has made orders ...

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Funds’ views on superannuation performance test enhancement diverge

AustralianSuper, Rest, and HESTA agree on the need to retain and enhance the test, yet they differ in their perspectives on the specific areas that ...

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Why alternatives are key to diversifying modern portfolios

The role of alternative investments is to diversify a portfolio and capture differentiated sources of return, according to UBS Asset Management

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Top-performing Australian funds revealed

Mercer’s latest analysis reveals the top 10 Australian shares funds that have outperformed their benchmarks in the past year, with three funds ...

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Future Fund’s ‘higher for longer’ rates conviction reaps returns

The sovereign wealth fund grew $11.5 billion in the March quarter according to its latest portfolio update, having previously voiced caution regarding ...

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ClearBridge unveils inaugural global equity strategy for local investors

The firm has launched its first global equity fund in Australia. ClearBridge Investments has unveiled its inaugural global equity strategy designed ...

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