Iress says cyber breach was limited to small number of clients

| By Keith Ford |

The software firm has completed its investigation of the breach to its GitHub user space in May.

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ASIC, APRA put trustees on notice over retirement strategies

| By Rhea Nath |

A recent pulse check by the regulators has raised concerns about trustees’ lack of progress in tracking the success of their RIC strategies.

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Aware Super advice exec departs

Having led the fund’s advice firm for almost five years and through multiple mergers, Sarah Forman has announced her intention to leave the $170 billion fund.

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ART flags conducive environment for growth in FY25

Despite high inflation and ongoing geopolitical tensions, the head of investment strategy at ART sees a promising outlook for growth assets.

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ART ushers in new default investment approach in new financial year

Australia’s second-largest super fund has announced a high-growth shift in its default offering as it launches 15 new investment options commencing the financial year 2025..

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Future Fund flags need for ‘more true diversifiers’ in face of geopolitical risk

Australia’s sovereign wealth fund has identified geopolitics as fundamental to a new investment paradigm, highlighting heightened risks as a primary driver for shifting away from the traditional 60:40 investment portfolio.

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First Super, Stafford pen $220m evergreen co-investment

Stafford Capital has secured a $220 million mandate, its second co-investment with a super fund in recent weeks.

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Rate hike expectations strengthened following strong CPI data

Economists are now more aligned on the future actions of the Reserve Bank of Australia, with most now viewing further interest rate hikes as a real possibility.

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Record gap emerges between default super funds and indexed counterparts

New research suggests that 2024 represents the biggest gap ever seen between the average default super fund and an indexed super fund of similar risk.

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Industry funds’ dominance threatens outlook for asset managers

According to equity analyst Shaun Ler’s Morningstar Industry Pulse Survey, Australian asset managers are navigating a complex landscape marked by earnings challenges and competitive pressures.

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Grant Banner

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