HMC Capital will raise $300 million to underwrite the acquisition that will see it establish a global digital infrastructure platform.

Insignia Financial saw a marginal increase to its funds under management and administration (FUMA) in the first quarter of FY25, however net outflows driven by institutional clients came in at $1 ...

The investment manager has lowered fees on the Australian Alpha Tilts Fund and the Advantage Australian Equity Fund.

Westpac has named a new acting chief executive for its wealth business ahead of its new chief executive commencing.

Financial advice firms with 51 to 100 advisers are the fastest-growing cohort in the past year, new Rainmaker Information research shows.

The Council of Australian Life Insurers (CALI) is urging the federal government to take action on processing the second tranche of its Delivering Better Financial Outcomes (DBFO) package, saying any ...

The $3.5 trillion wealth transfer will be Australia's biggest economic event over the next 20 years, according to AMP Advice national lead Anjuum Siingh, who chaired a panel of financial advisers at ...

Following consultation, APRA has lowered the minimum operational risk financial requirement (ORFR) target amounts for larger superannuation funds.

The controversial $370 billion pact between the US, Australia, and the UK, or 'AUKUS', is being sold as a boon for the economy and nation-building exercise that will amplify defence capabilities and ...

Morningstar has released its industry pulse for asset managers for Q3, with the spotlight on GQG, Pinnacle, Insignia, Magellan, Challenger and more.

Citi Australia has appointed Elizabeth McAlpine as chief risk officer and head of corporate credit risk. McAlpine has over two decades of experience in risk management and corporate banking.

The prudential regulator is clamping down harder on super trustees' spending, saying it has identified "deficient" and "questionable" practices among funds.