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

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 ...

Investment manager Zagga has unveiled a new real estate private credit fund that invests directly in quality prime commercial real estate across Australia's east coast.

Foreign investment in Australia topped $4.9 trillion in 2024, according to data from the Australian Bureau of Statistics, but our own investment abroad is catching up.

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

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 ...

An alarming number of licensees are spending less on compliance, a new survey from Holley Nethercote shows, but a slew of reforms slated within the next 18 months could catch them off guard.

Channel Capital has launched an open-ended, semi-liquid investment solution providing Australian wholesale investors access to Apollo's asset-backed finance strategies.

First Sentier Investors has announced the appointment of Ashley Conn as chief financial and strategy officer, effective late May. Conn will be based in Sydney and brings 25 years' experience of ...

Platinum Investment Management is set to lose a sizeable institutional mandate at the end of the week. The ASX-listed manager disclosed it received notice overnight that an institutional mandate worth ...

Magellan has sustained another blow, reporting monthly outflows of $1 billion, however its partnership with Vinva Investment Management gave AUM a boost.