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03 May 2024 • By Jessica Penny • 1 min read

Mercer Super expands offering with workforce super solutions

The fund has expanded its corporate superannuation solutions to partner with Australian businesses of all sizes. Mercer Super has announced the ...

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Macquarie reports 32% profit drop amid market volatility

The bank’s net profit plummeted by 32 per cent, primarily due to challenges in its commodities trading division. Macquarie Group announced on ...

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Asset owners acknowledge ‘return penalty’ of poor investment governance

A survey of over 20 Australian institutional asset owners has found the majority believe poor investment governance could cost their portfolios 1 per ...

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Australian institutional investors turn to private markets for risk management

Australian institutional investors are reducing investment risks as a direct result of the current environment by increasing their allocations to ...

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Powell delivers ‘fairly dovish surprise’ amid Fed rate hold

The Fed has tempered concerns of a rate hike despite stickier-than-expected inflation in the US, with markets now guessing when this “high for longer” ...

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AFM to bring ‘unprecedented’ Euro energy transition market growth Down Under

AFM Investment Partners has teamed up with German renewable infrastructure specialist KGAL to establish a local Australian feeder fund, enabling ...

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Iress upgrades earnings guidance following OneVue sale

Iress has upgraded its adjusted EBITDA by $5 million for the 2023–24 financial year in light of the sale of its platform business to Praemium

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Insignia reports $8.3bn FUA lift in 3Q24

Insignia Financial unveiled its results for the third quarter of the 2023–24 financial year. Insignia’s funds under administration (FUA) hit $223.4 ...

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Insignia looks to asset manager for board hire

Former Russell Investments head of APAC, Jodie Hampshire, has joined the board of Insignia Financial. Hampshire is expected to join the board from ...

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NAB announces profit dip alongside $1.5bn on-market buy-back

The big four bank has announced a considerable drop in its first-half cash profit alongside a $1.5 billion increase in the on-market share buy-back ...

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