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.

Citi economists have changed their outlook from an assumption the RBA would remain on hold to anticipating a rate hike as early as February. "We believe a tight labour market, new (higher) inflation ...

Financial Standard has named the 2025 FS Power50, the most influential financial advisers in Australia. Each year Financial Standard conducts the search for the 50 most influential financial advisers ...

Mercer is doubling down on the for-purpose sector, appointing a senior business development manager to its burgeoning ...

Craig Stanford has been appointed chief executive officer of the Auckland-based asset manager that runs about $8 billion on ...

A former Insignia Financial exec will lead managed accounts provider Trellia Wealth Partners, signalling a new phase of ...

Australian Ethical Investments has bolstered its team with a new business development manager and a senior equities trader.

Nathan Lim is retiring after three decades in global asset management, stepping down from his role as chief investment ...