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11 December 2024 • By Jessica Penny • 1 min read

US equity allocations reach 16-year high as instos embrace risk

The State Street Risk Appetite Index saw its fourth consecutive month of risk-seeking activity, rising to 0.27 in November. Notably, institutional ...

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MLC Life, Resolution Life Australasia to merge

The two life insurers have announced a merger following the total acquisition of Resolution Life’s Australasian subsidiary by Nippon Life Insurance ...

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Business confidence takes sizeable hit in November

After reaching its highest level since early 2023, business confidence has now fallen back to “well below average”. Business confidence fell ...

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GQG closes fundraising on first private markets fund

GQG Partners has closed fundraising on its initial private markets fund, having raised $145 million. In March, the firm acquired stakes in Avante ...

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Insignia taps global firm to ‘transform’ Master Trust business

Just weeks after the firm finalised the separation of MLC Wealth from NAB, Insignia has entered an agreement to “simplify and transform its Master ...

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Perpetual flags tax blow, revises shareholder proceeds in KKR deal

Perpetual has announced it is in discussions with KKR to assess the implications of a significant tax revision related to its asset sale to the ...

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Australia’s investment management sector struggles to close gender gap

A new study has put a spotlight on the stubborn gender gap in Australia’s investment management sector, revealing that women make up just 27 per cent ...

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International shares drive November fund return rebound

Fund returns bounced back in November following a subdued October, with SuperRatings reporting 2.4 per cent return for the median balanced ...

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9 in 10 asset managers embrace or plan AI integration: Mercer

Artificial intelligence is reshaping the asset management industry, with a majority of asset managers already leveraging or planning to integrate the ...

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GQG FUM remains resilient despite Adani backlash

GQG Partners has reported funds under management (FUM) have remained reasonably steady after it reported its first FUM decline in 12 months in October

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