Do sector-specific real estate bets have alpha potential?
As property markets recover from recent challenges, McGibbon, Nuveen’s global head of real estate, believes a tactical focus on specific sectors, backed by a deep understanding of mega trends, can “definitely” generate alpha for savvy investors. On a recent…
Chalmers tells China Australia maintains rules-based order as RBA sounds alarm
In its latest publication, published on Thursday, the central bank identified three notable vulnerabilities to Australia’s financial stability – the fragile state of China’s financial system, overly optimistic investment markets leading to low risk premiums, and operational vulnerabilities arising from…
Instos continue to look for opportunities amid the decline in mergers and acquisitions
The outlook for mergers and acquisitions (M&A) remains modest as tighter economic conditions lead to more caution, according to the latest HLB Mann Judd Australian M&A report. Analyzing the Australian M&A market, including deal trends, industry dynamics and valuations, the…
How Australia’s biggest banks predict RBA monetary policy easing
Three of Australia’s four biggest banks now agree on when the Reserve Bank of Australia (RBA) is likely to start cutting interest rates from their current level of 4.35 percent, although that consensus has only begun to take shape in…
New defensive tech ETF to hit the ASX
Global X has announced that it is bringing its Defense Tech ETF, under the ASX symbol DTEC, to Australian shores. The offering, which has been listed on the NYSE Arca since 2023. under the symbol SHLD, has over $540 million…
Federal Court upholds ruling that ANZ breached continuous disclosure laws
The Full Bench of the Federal Court on Wednesday (October 2) morning upheld a finding that Australia and New Zealand Banking Group (ANZ) breached continuous disclosure obligations when it failed to disclose a $790 million surplus in August 2015. During…
Origin abandons hydrogen amid ‘slower than expected’ market growth
Origin Energy on Thursday announced its intention to exit its potential Hunter Valley hydrogen project, the Hunter Valley Hydrogen Hub (HVHH). In doing so, the ASX-listed company also confirmed its intention to cease work on all hydrogen development opportunities. Explaining…
Regal and Platinum renew merger talks
A week after Platinum indicated it would not proceed with Regal’s bid to acquire all the shares in the fund manager, Platinum confirmed it had decided to grant Regal the right to carry out a due diligence process. In an…
Magellan sees institutional inflows boosting FUM
In an ASX filing, Magellan Financial Group said it had $38 billion in funds under management (FUM) as at September 30, up from $37.8 billion at the end of August. In September, Magellan experienced net outflows of $200 million, made…
Citi and Apollo’s $25 billion deal will shake up the private credit market
Late last month, Citibank and Apollo Global Management announced their partnership to create a $25 billion private lending program. Dubbed the largest collaboration between a bank and a private credit manager, the program aims to fund approximately $25 billion in…