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18 July 2024 • By Laura Dew • 1 min read

Boutique fund manager buys out Fidante stake in business

The Sydney-based firm has acquired the minority stake in the business owned by Fidante. Merlon Capital Partners, which was founded in 2010, is ...

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Australian small-cap managers unveil merger plans

Two small-cap asset managers have announced they are seeking to merge their businesses. Monash Investors has announced it will be acquired by DMX ...

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MLC taps Janus Henderson for $285m equities mandate

The mandate will be invested in the Janus Henderson Emerging Markets Equity strategy. Janus Henderson Investors has been appointed a $285 million ...

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Markets unfazed, yet political instability looms post-Trump shooting

While the attempted assassination of Donald Trump has not shaken markets, an economist warns that the current rise in populism and political ...

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Corporate super fund commits to net zero via new investment

TelstraSuper has committed to funding new renewable energy infrastructure projects, including utility-scale solar farms and sustainable data centres

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Betashares drops currency hedged S&P 500 ETF

Betashares launched on Monday a currency hedged version of its popular S&P 500 Equal Weight ETF. The firm’s flagship ETF is now available as a ...

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Promoter of online crypto platform convicted for unlicensed financial advice

The Australian promoter of a financial services business and online crypto platform has been convicted of providing unlicensed financial advice

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Chalmers suggests ‘mid-teens’ surplus to ease inflation

Chalmers has hinted at a surplus in the “middle teens of billions” for the 2023–24 budget. Treasurer Jim Chalmers has revealed that he expects ...

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Momentum Media launches inaugural Australian AI Awards

Submissions and nominations have opened for the inaugural Momentum Media Australian AI Awards 2024, which champions the wealth management industry for ...

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Corporate regulator intensifies spotlight on private markets

ASIC said it is expanding its focus to respond to changes in the structure of capital markets. Just over a month since ASIC commissioner Simone ...

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