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04 December 2024 • By Rhea Nath • 1 min read

BlackRock expands alts footprint with $18bn acquisition

The wealth giant has announced an $18 billion deal to acquire a leading US-based private credit manager, marking its third major alternatives deal ...

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Long-standing equities exec departs Tyndall AM

Brad Potter, who has helmed Australian equities at Tyndall Asset Management for the last decade, has announced his retirement from the business

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Prime Super unveils revamped leadership team

Prime Super has announced new additions to its executive team, saying the retirement of two long-serving executives has presented an opportunity to ...

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Government spending props up economy amid stalled private sector

Economic growth was weaker than expected, once again highlighting an economy largely sustained by population growth and government spending

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Bullock stresses RBA’s focus on domestic conditions amid global tariff uncertainty

Reserve Bank governor Michele Bullock has emphasised that decisions on interest rates are not influenced by the new US administration, despite its ...

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Magnitude of investment and longevity theme attract investors to defence sector

Rising defence spending and ongoing geopolitical conflicts have made the defence sector attractive to investors, offering strong growth and appealing ...

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Deloitte praises Cbus but unveils key governance gaps

Cbus has publicly released Deloitte’s independent review of the fund, which found that while the directors met the fit and proper criteria, ...

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PAC finalises Carlisle divestment

Pacific Current Group (PAC) has completed the divestment of its holding in Carlisle Management Company to alternative asset manager Abacus Life

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Praemium teams up with alternative investment platform

The firm has entered into a strategic partnership with alternative investment platform Stropro, which will see the latter’s structured product ...

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Super funds move forward with $60bn ‘merger of equals’

The deal will create a combined fund with more than $60 billion in funds under management and over 225,000 members. TelstraSuper and Equip Super ...

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