While CPI remained in the central bank's target range, trimmed mean inflation was still above the central bank's target range.

Active fund managers Regal Partners and Magellan Financial Group earned $25 million and $6 million in performance fees respectively in the last six months of 2024.

Morgans Financial has toppled AMP Financial Planning (AMP FP) to become the licensee with the largest number of financial advisers.

Superannuation funds turned in double-digit returns for the 2024 calendar year thanks to the bull market, according to the Association of Superannuation Funds of Australia (ASFA), with some achieving ...

Perpetual has appointed Equity Trustees (EQT) to oversee two of its superannuation products as the new trustee.

MetLife Investment Management, the US$603 billion asset management arm of insurance giant MetLife, is set to acquire PineBridge Investments from Pacific Century Group in a deal valued up to US$1.2 ...

New York-based CC Capital Partners has expressed interest in taking over Insignia Financial, upping Bain Capital's offer that was recently rejected.

Goodman Group has welcomed the Norwegian Sovereign Wealth Fund as a new investment partner in its North American partnership.

Sanlam Private Wealth, the Australian arm of the South African Sanlam Group, has admitted to breaching licensee obligations by "failing to adequately supervise" its authorised representatives, ...

AustralianSuper has won the Global SWF Fund of the Year award for its leadership, growing investment activity, and significant expansion overseas.

Brighter Super has handed Barings $100 million to acquire real assets in the Sunshine State, the first tranche of its Queensland Investment Strategy. Brighter Super's Queensland Investment Strategy, ...

Providing an outlook for the new year, Fidelity International portfolio manager Casey McLean said M&A and IPO activities will likely increase in 2025.