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16 October 2024 • By Maja Garaca Djurdjevic • 1 min read

Nvidia rally tipped to continue as bull market enters third year

Nvidia reached a new record this week, driving Wall Street to new highs as the company edges closer to overtaking Apple as the world’s most valuable ...

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HUB24 reports ‘strong start to FY25’

HUB24 has reported a 37 per cent annual rise in funds under administration. In the three months to 30 September 2024, HUB24’s funds under ...

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ART’s London office points to growing interest in private markets

ART’s decision to open its first overseas office in London was fuelled by a growing interest in private markets and a desire to capitalise on ...

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Pengana expands private credit suite with new SMA fund

The fund manager is continuing to grow its non-institutional private credit division. Pengana Credit has launched a separately managed account ...

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Nuveen adds global credit strategy to impact range

The global asset manager has launched the fourth product in its fixed income impact suite. Nuveen has announced the launch of its Global Credit ...

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2024 set to break records as index ETFs drive industry surge

Fund managers suggest that if cash flows into local ETFs maintain their current trajectory, this year is poised to surpass all previous records

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Wealth giant to trial 4-day work week in industry-first

Insignia has agreed to pilot a four-day work week for staff following months of workplace negotiations. The licensee said it “acknowledges that a ...

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Platinum welcomes first FUM rise since February 2024

On the back of positive investment performance, the firm has seen its first rise in funds under management (FUM) in seven months. Platinum Asset ...

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New merger laws to empower ACCC to scrutinise private markets transactions

The legislative package, touted as the biggest reform to Australia’s merger settings in almost five decades, will also include further scrutiny of ...

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Netwealth achieves record high in quarterly FUA growth

Netwealth has seen a record $7.4 billion rise in funds under administration (FUA) over the September quarter. Netwealth confirmed that its FUA as ...

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