Funds Management News

InvestorDaily Australia’s ETF market has enjoyed a string of successes in 2024, with recent analysis hinting the asset class is poised for further significant growth. The Australian exchange traded fund (ETF) industry’s market cap has reached a new high of $247 billion, according to new research from VanEck, following growth of 38 per cent growth […]

InvestorDaily In a bold move, AMP confirmed to InvestorDaily last week a modest allocation to bitcoin, acknowledging that the digital currency is now “too big to ignore”. This marks a significant departure from the cautious stance many of AMP’s industry peers have maintained, despite bitcoin’s growing prominence as an asset class. UniSuper, for instance, remains […]

InvestorDaily Gold is on track for its best annual performance in more than a decade after seeing 28 per cent gains through November, or 34 per cent in Australian dollars, according to the World Gold Council. The yellow metal is now trading 22 per cent higher on average this year than during 2023, and has […]

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 […]

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 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 […]