Insights

InvestorDaily The government’s adjustment to the Future Fund’s mandate could set a dangerous precedent, warns an economist, raising concerns that it may pave the way for problematic future policies in the superannuation industry. Speaking on a recent episode of Relative Return Unplugged, AMP’s Shane Oliver said the government’s move is a “slippery slope”. “You start […]

The American people have spoken by electing Donald Trump back to the White House. Trump joins Grover Cleveland as the only two American presidents to win two non-consecutive terms to the Oval Office. But the result has been met with concern by many global economies. Trump promised huge tariffs on imports throughout his campaign which suggests there could be […]

InvestorDaily The Future Fund has announced the promotion of six investment professionals into new executive directors roles within its new investment team structure. In September, the fund first revealed the new structure, which is organised into five pillars; portfolio design, real assets, investment capability and intelligence, portfolio risk, and responsible investment and listed equities. Now, […]

InvestorDaily Speaking at the ASIC Annual Forum, the regulator’s chair, Joe Longo, cut through the hype with a blunt “who cares” about bitcoin’s price jump. Asked to comment on bitcoin’s performance since the US election, Longo called it a classic case of the “bigger fool theory”. The chair also criticised bitcoin’s environmental impact, pointing out: […]

InvestorDaily The local exchange-traded fund (ETF) market attracted $3.2 billion in investor inflows during October – marking the second highest level for monthly flows on record, according to Betashares. Notably, year to date (YTD) industry net flows amounted to $23.7 billion at the end of the month, surpassing the previous annual record of $23.2 billion […]

Financial Standard LGT Crestone has inked a deal to scoop up Commonwealth Bank’s (CBA’s) remaining personal advice business, which serves high-net-worth and ultra-high-net-worth clients. Commonwealth Private Advice has around 500 clients with assets exceeding $5 billion. As part of the deal that’s slated for completion by mid-2025, LGT Crestone, which is owned by the Princely […]