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19 April 2024 • By Keith Ford • 1 min read

Macquarie Bank fined $10m for failing to prevent unauthorised fee transactions

Macquarie Bank will pay a $10 million penalty for failures related to preventing and detecting unauthorised fee transactions conducted by third ...

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Perennial launches ‘evergreen’ public to private fund

The firm has created its latest private company investment fund for wholesale investors. Perennial Partners has launched the Perennial Private to ...

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Macquarie garners support for green energy portfolio

The asset manager is bolstering its investments in the global energy transition and climate opportunities. The Macquarie Green Energy and Climate ...

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BlackRock and Blackstone outline next ‘enormous’ opportunity in AI

Global mega managers are looking beyond traditional artificial intelligence to uncover the next significant development arising from this boom

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Praemium’s Powerwrap outflows continue amid FUA growth

Praemium’s Powerwrap platform experienced net outflows of $53 million as advisers continued to transition, bringing total gross outflows from these ...

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Is the energy transition being left out of the thematic ETF resurgence?

Thematic ETFs are back in favour but those tracking the energy transition are being left behind, according to new data. While the energy transition ...

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Australian Ethical continues FUM growth streak, surpasses $10bn

The ethical investment manager has reported record FUM as its growth trajectory continues apace. Australian Ethical’s funds under management (FUM) ...

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Positive investment markets drive AUM growth at AMP

The wealth management company reported a substantial increase in its superannuation and investments AUM in the first quarter. In an announcement on ...

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Super fund CIOs highlight attraction and risks of private credit

Super funds invest in illiquid assets like private credit despite their nature, without inherent restrictions, the chief investment officers of ...

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Platinum CEO updates on firm’s turnaround strategy

Platinum Asset Management chief executive, Jeff Peters, has shared a progress update on its turnaround strategy, first announced in February

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