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24 January 2025 • By Jessica Penny • 1 min read

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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Bitcoin on road to US$120k as promise of pro-crypto future drives momentum

With Trump now officially in the Oval Office, industry experts predict that bitcoin will continue to gain dominance but worry that Australia could ...

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AMP remains overweight on US stocks as focus on AI ups the ante

AMP intends to maintain its overweight position in US shares while keeping alert to quality buying opportunities in select asset classes, including ...

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Positive market movements boost Praemium’s performance

Praemium has seen its highest net inflows in over two years for Q2 FY2024–25 as its Powerwrap platform returns to inflows after back-to-back outflows

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Netwealth welcomes consecutive record quarterly inflows

The wealth manager has reported a second consecutive quarter of record performance. Netwealth’s funds under administration (FUA) was $101.6 billion ...

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