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Investment Magazine The announcement of a partnership between BlackRock and Generation Development Group goes some way to addressing a question that Larry Fink, the CEO of the world’s largest asset manager, pondered in his 2024 letter to investors: how to get retirees to spend all the money they’d saved in their pension plans over the […]

Money Management Having officially opened its doors, ETF Shares has launched its first three US-focused ETF vehicles on Cboe Australia for financial advisers. It was announced last week that former Global X employees David Tuckwell and Cliff Man had established their own ETF provider, ETF Shares, to disrupt Australia’s concentrated ETF market. Co-founders Tuckwell and Man […]

Financial Standard Wholesale trading platform AUSIEX will acquire fixed income trading business FIIG Securities by the end of June 2025. The acquisition price has not been disclosed, but Financial Standard understands it has been described as “fair value”. Financial Standard also understands the FIIG executive team will stay on in their current capacity for the transition and the […]

InvestorDaily Cbus’ recently appointed deputy chief investment officer (CIO), Leigh Gavin, has been promoted to lead the fund’s investment team, with current CIO Brett Chatfield announcing his departure from Cbus. Gavin’s appointment to deputy CIO was only announced in February, having first joined Cbus in 2023 as head of portfolio strategies. Cbus confirmed in a […]

InvestorDaily David Tagg has joined the alternative asset manager as head of investments, alongside Catherine Donatiello commencing as head of product support. The company said the dual appointment will strengthen its senior leadership as it looks to expand its investment offerings. Tagg has spent more than three decades working across funds management, wealth management and […]

InvestorDaily 2025 kicked off with the emergence of DeepSeek-V3, a cost-effective AI model from a Chinese start-up, which sent ripples through global markets and signalled a shift towards an emphasis on not only power but efficiency in AI. But the case for Chinese tech extends beyond DeepSeek, according to Global X, with the start-up’s low-cost […]