The professional indemnity insurance (PII) sector will be forced to play a bigger role in making the Compensation Scheme of Last Resort (CSLR) sustainable, Assistant Treasurer Daniel Mulino proposes, ...

Aberdeen Investments has reached an agreement with MFS Investment Management to acquire nine MFS funds to create two separate closed end funds.

Natixis Investment Managers has appointed Daniel Shelest as distribution director for researchers and consultants. Bringing a decade of experience to the role, Shelest will be responsible for ...

Praemium has acquired Technotia Laboratories, a specialist in advanced technology, and computing and machinery intelligence.

ASIC has obtained commitments from the ASX on a package of reforms including a strategic reset of the ASX's transformation program.

Experts have identified the megatrends that are likely to play out in financial markets in 2026. Speaking to Financial Standard, policy changes coming out of the US, sticky inflation and how the ...

AustralianSuper has shifted its chief technology officer to the newly created role. Mike Backeberg will lead the fund's technology, digital and data services strategy, and has been managing ...

Currently, South Korea's existing wealth fund, Korea Investment Corporation, only manages foreign currency assets. The new fund will be able to invest more broadly, including "proactively acquiring ...

The Association of Superannuation Funds of Australia (ASFA) has launched two new tools to help super trustees strengthen their fraud controls. The new features, dubbed the Scams and Fraud Toolkit and ...

Hearts & Minds Investments (HM1) is the latest fund manager to write off its stake in the beleaguered Corporate Travel Management (CTD), while Wilson Asset Management slashed its value by 50%.

ASIC has suspended the Australian financial services licence (AFSL) of MW Planning, a subsidiary of MWL Financial Group, after it failed to appoint a new responsible manager.

Dexus has launched the Dexus Strategic Investment Trust (DSIT) series, acquiring 25% stake in Westfield Chermside, Brisbane to seed the first fund in the series DSIT1.