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24 May 2024 • By Maja Garaca Djurdjevic • 1 min read

AI is fuelling market share gains of ASX-listed advice platforms

The rapid adoption of artificial intelligence (AI) by ASX-listed tech giants like HUB24 and Netwealth is reshaping the financial advisory landscape, ...

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Cromwell sharpens focus on Australia with sale of European platform

The property group has announced the sale of its European funds management platform for $457 million as it looks to Australia and New Zealand for ...

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Australian Ethical to grow FUM above $12bn with new acquisition

The acquisition, when completed, will see Australian Ethical grow its funds under management to circa $12.3 billion. Australian Ethical has entered ...

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GO.FARM launches $300m capital raise

The purpose-led Australian agribusiness with more than $1.1 billion in assets under management, has launched a $300 million capital raise, which ...

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Pengana Global Private Credit Trust IPO reaches $100m on first day

The investment vehicle, limited to $250 million, has seen strong interest as investors and advisers seek exposures to global private credit

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Global X bitcoin ETF tops $100m, awaits SEC Ethereum approval

Global X’s Australian-listed bitcoin ETF has surpassed a record $100 million in assets under management. With the price of bitcoin still supported ...

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Schroders’ CIO envisions AI as the next standalone portfolio manager

A CIO believes her role may be obsolete in the near future as AI’s impact on the investment process continues to grow. Schroders is already using ...

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Sydney investment firm hit by alleged data breach, impacting 400k+ customers

A member of a popular clear web hacking forum has claimed they have the personal details of more than 400,000 Australian customers of a Sydney-based ...

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GQG completes acquisition of US boutiques from PAC

The three firms will represent the foundational investments for GQG’s private capital investment advisory business, with PAC CEO Paul Greenwood coming ...

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Loomis Sayles launches global bond fund

The Natixis affiliate has announced a new offering for Australian wholesale investors. The newly launched Loomis Sayles Global Bond Fund aims to ...

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