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06 March 2024 • By Maja Garaca Djurdjevic • 1 min read

Is bitcoin’s ‘historic moment’ an indication of growing mainstream trust?

Bitcoin briefly surpassed $100,000 this week before settling back around $97,000. Bitcoin’s comeback has been hailed a “truly historical moment” ...

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Q4 GDP falls short of expectations

The Australian economy expanded at a slower pace than expected in the fourth quarter of 2023. Australia’s GDP grew by 0.2 per cent in the fourth ...

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Magellan continues FUM uptick

The fund manager has reported its fourth consecutive monthly increase in funds under management. Troubled fund manager Magellan Financial Group has ...

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NYCB's struggles: A warning sign for broader banking crisis?

Commercial real estate has taken a dive but so have banks with exposure to the sector, so could this spark a broader banking crisis? Shares in US ...

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Loftus Peak takes over reins of disruption fund

The firm commenced management of the Orca Global Disruption Fund this month, bringing its total FUM to more than $700 million. Loftus Peak has ...

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Don’t put all your eggs in the AI basket, market specialists warn

While winners of the tech rally have posted considerable earnings growth this reporting season, market specialists are warning investors not to wholly ...

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Finalists unveiled at first-ever Australian Wealth Management Awards

Over 260 finalists have qualified for the inaugural Australian Wealth Management Awards 2024. InvestorDaily invites them to lodge their ...

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Investment managers jostle to deliver first ASX-listed bitcoin ETF

VanEck believes it is “uniquely placed” to be the first to deliver the offering, though it has culled expectations of a listing in the near-term while ...

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Vanguard weighs in on Australia’s ‘index revolution’

The investment manager’s Asia-Pacific CIO has discussed the hurdles to active fund outperformance, observing that beating the market is “really much ...

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Blackwattle announces first global-focus fund

Blackwattle has appointed former Antipodes founding partner and portfolio manager Sunny Bangia to launch a new global equity fund. Bangia is one of ...

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