BlackRock will acquire a minority stake in Generation Development Group (ASX: GDG), forming a strategic partnership with its retirement income subsidiary Generation Life to "set a new standard for ...

Mercer's annual periodic table, which charts 17 major asset classes investment returns on an annual basis over the last decade, reveals that there's few reliable themes, except that greater risk tends ...

Total Australia-focused assets under management (AUM) remained steady at $139 billion in 2024, with private equity, venture capital (VC), and private credit funds accounting for nearly half at $65 ...

Australian Ethical has called on QBE to justify why it's allowing the continued unrestricted underwriting of new oil and gas projects.

Betashares has launched three fixed income ETFs, designed to replicate the characteristics of traditional bonds.

The investment manager has launched the Franklin Lexington Private Equity Secondaries Fund, offering Australian investors access to a diversified private equity portfolio focused on the secondaries ...

The US Federal Reserve has taken a "patient" stance on interest rates as it waits to see the full effect of Trump's tariffs.

Sequoia Financial Group has appointed Daryl Stout as head of licensee and adviser services, set to join the leadership team later this month. Stout will report directly to chief executive Garry Crole ...

The joint venture, which includes three partnering institutions, is aiming to establish a differentiated platform focused on the US middle market.

ASIC is again taking action against Macquarie Bank for "multiple and significant compliance failures" relating to its futures-dealing business and over-the-counter (OTC) derivatives trade reporting.

The Financial Advice Association of Australia (FAAA) has opposed collective charging for "always complex and costly" retirement planning advice and emphasised the need for consumer protection in the ...

Australia is becoming a financial services hub, recording the highest global job growth in March within the sector.