CFS flagship fund grows to $10 billion FUM
[ad_1] Colonial First State’s (CFS) flagship CFS Geared Share Fund has surpassed $10 billion in funds under management (FUM). Returning 23.3% in FY 2023-2024 and delivering an average annual return of 14.2% since inception in 1997, CFS clarified that a…
Industry celebrates green light of Senate climate reports
[ad_1] The Albanese Government has passed the Treasury (Financial Market Infrastructure and Other Measures) Amendment Bill 2024 through the Senate to establish the climate risk disclosure framework in Australia. The Bill sees the new mandatory climate reporting requirements apply to…
Is gold poised for a new record high?
[ad_1] Driven by a combination of factors, including increased interest from central banks and investors with a preference for diversification, gold has made a name for itself as a strategic asset in portfolios, according to Robin Tsui, Asia-Pacific gold strategist…
Overcrowding in data centers is prompting investors to look beyond them
[ad_1] While data centers and AI-related infrastructure have attracted significant interest, investment executives believe there are many opportunities in other areas of the digital economy. Speaking to InvestorDaily, Dan Farmer, chief investment officer at MLC Asset Management, described a preference…
AustralianSuper says it remains “strongly committed” to private equity despite the $1.1 billion hit
[ad_1] The pension fund wrote off a $1.1 billion investment in Pluralsight after the latter entered restructuring. The fund invests in US-based educational software in 2021. through the private equity firm Vista Equity Partners, in which he is an investor…
Emerging markets are about to shake off their lagging status, experts say
[ad_1] The outlook for emerging markets (EM) looks positive as the US Federal Reserve signals a shift to a more accommodative monetary policy amid other headwinds. In particular, economic fundamentals are much better than previous years, according to investment executives,…
“Larger than expected” outflows weigh on Perpetual
[ad_1] Perpetual posted a statutory after-tax loss of $472.2 million for the full year ended June. In an announcement on Thursday, the ASX confirmed that the $547 million pre-tax impairment due to net outflows it noted earlier this week weighed…
Australia is a ‘hotspot’ for private wealth in the Asia-Pacific region, an expert has highlighted
[ad_1] Australia leads the charge for the highest share of private equity investors in the Asia-Pacific (APAC) region, accounting for 23 percent of the region, Preqin data shows. According to Preqin’s latest Raising funds from private wealth report, Australia and…
Ready, Set, Play: The Investment Opportunity in Video Games
[ad_1] As the popularity of video games turns out to be more than a temporary trend driven by pandemic lockdowns, professionals highlight the strong prospects for investment in these companies. According to the latter Global Gaming Market Report by gaming…
Are Gold Prices Pointing To A Republican Victory?
[ad_1] With investors closely watching the presidential race in the world’s largest economy, the growing uncertainty has raised questions about its impact on assets such as gold. Gold prices have held in recent weeks above US$2,500, reaching a new high…