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InvestorDaily | Latest News for the Financial Services Sector
Finance and investment news for Australian investors, their advisers and the financial services industry.
GDG to acquire Evidentia for $320m, merging it with Lonsec
Generation Development Group has announced its acquisition of 100 per cent of Evidentia Group Holdings for $320 million, marking a significant expansion in the managed accounts sector. In …
Treasurer eyes AI and private sector to boost Australia’s productivity
Also last year, Labor announced its National AI Capability Plan, which aims to harness artificial intelligence to grow the economy. Touching on the topic last week, Chalmers highlighted AI as …
New managed fund capital grows fivefold in 2024 - InvestorDaily ...
4 days ago · With a surge in new capital expected to flow into local managed funds this year, recent data shows that the strong performance of ESG-related funds is setting Australia apart …
Magellan faces turbulent period following Stack’s departure, …
Feb 4, 2025 · It was announced last week that Stack would be leaving the fund manager after 18 years in July 2025.He is the lead portfolio manager on the firm’s four infrastructure funds and …
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Finance and investment news for Australian investors, their advisers and the financial services industry.
News - InvestorDaily
27 January 2025 • By Maja Garaca Djurdjevic • 1 min read. Platinum takes contrarian stance on US market, targets speculative bubbles . While many fund managers remain overweight on …
5 disruptors expected to influence Australian economy in 2025
Jan 9, 2025 · Commenting on the Australian labour market, Lawson emphasised that it remains “surprisingly resilient, defying the forward indicators”. Although the unemployment rate …
Australia’s first sovereign green bond set for warm welcome
Mar 26, 2024 · A syndicated transaction is expected to follow shortly after the conclusion of the roadshow. According to Liddell, the issuance of the Treasury green bond will “create increased …
RBA caught off guard by recent jobs boom - InvestorDaily
Oct 22, 2024 · Interviewing Hauser was CBA’s Gareth Aird, one of the few economists still predicting rate cuts this year. However, earlier this month, Aird conceded that September’s …
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