The Shield Master Fund (SMF) is expected to make a distribution to victims by selling a large portion of its listed equities portfolio, according to liquidators Alvarez & Marsal.
Australians continue to seek advice from their super funds but struggle to know exactly when they can retire, an MFS Investment Management survey found.
ASIC has refreshed its regulatory guidance on codes of conduct for the financial services sector, saying that they have an important role in how financial products and services are regulated.
T. Rowe Price has promoted Cassandra Crowe to head of institutional distribution for Australia and New Zealand. She will also continue to serve as head of consultant relations for Asia Pacific.
ASIC commissioner Alan Kirkland said the regulator has identified its main concerns in the private credit sector, saying it's keeping an eye on advisers recommending funds.
UniSuper head of fixed interest David Colosimo says the November pullback in the US market is driven by the waning optimism on the sustainability of the AI thematic and a rate cut by the Federal ...
A large proportion of investment teams within life insurance firms say they will increase their reliance on external fund managers over the next five years, a new survey finds.
First Sentier Investors is listing its second ETF on the Australian Securities Exchange (ASX), leveraging its ex-20 Australian share strategy.
Despite controversy over the risks in the US private credit market, the asset class is being seriously considered by cashed up Australian investors as it continues to grow.
The $100 billion super fund has launched a new clearing house solution as it prepares for the introduction of Payday Super laws.
Super Consumers Australia (SCA) states that a financially comfortable retirement requires $432,000 in superannuation for couples and $322,000 for singles who are homeowners.
Royal London Asset Management has launched four new funds for Australian investors and selected Equity Trustees as responsible entity.