Fund manager GQG Partners reported a 7.1% rise in funds under management (FUM) to USD163.9 billion ($231.2 billion) for the 2025 calendar year, despite posting net outflows of USD3.9 billion.
Even among Sussan Ley’s supporters, there is relief at the scale of Angus Taylor’s victory as the Liberal Party seeks unity.
Plus: Schroders to be acquired by Nuveen in $19b deal; Anthropic donates to AI policy PAC, finalises USD30b funding round; Trump agrees to end immigration surge in Minnesota.
Australia’s largest bank was found to have breached its disclosure obligations leading up to the $700 million AUSTRAC ...
Plus: Sussan Ley’s political career draws to a close; US stocks lose steam, inflation eases in January; SpaceX mulls dual-class share structure for IPO.
US inflation fell more than expected in January, prompting investors to increase bets on the Federal Reserve cutting interest rates as price pressures ease.
The news: Angus Taylor is the new Liberal leader, after defeating incumbent Sussan Ley in a partyroom spill. The context: Taylor, the former shadow treasurer under Peter Dutton, defeated Ley on Friday ...
The benchmark ASX 200 fell 1.39% to end at 8,917.6, as nine of the 11 sectors finished in the red. The technology index dived 5% as a selloff flowed from Wall Street onto the ASX. WiseTech (-10.4%), ...
Australian shares are set to open lower after Wall Street's major indices fell on Thursday amid a renewed sell-off in software and technology shares.
Shipbuilder Austal was the worst performer on the ASX 200 in morning trade after slashing its full-year earnings guidance on ...
Bunnings landlord BWP Trust reported a 41% jump in first-half net profit to $221.8 million, and raised its interim dividend, ...
Anthropic has completed a USD30 billion funding round at a USD380 billion valuation, roughly doubling its prior valuation and ...