-
6 days ago | 
moneymanagement.com.au | Jessica Penny
Iress has finalised the sale of its superannuation business to global financial services provider, Apex Group. First announcing in January that it had entered into a binding share sale and purchase agreement to divest its super business, Apex Group purchased Iress’ superannuation arm for $40 million in cash consideration, plus additional payments of up to $20 million over 12 months.
-
6 days ago | 
superreview.com.au | Jessica Penny
The financial services software firm has confirmed the finalised sale of its superannuation business as it seeks to increase its focus on other key functions within the company. Iress has finalised the sale of its superannuation business to global financial services provider Apex Group.
-
6 days ago | 
investordaily.com.au | Jessica Penny
02 June 2025 05:13 PM By Jessica Penny 5 minute read Facebook X LinkedIn Copy link Betashares has exceeded $50 billion in assets under management – a fact it plans to leverage as it continues to diversify. According to the financial services firm, the milestone follows consistent growth across its investment solutions, which span exchange-traded funds (ETF), managed accounts, diversified portfolios, as well as its investment platform Betashares Direct.
-
1 week ago | 
investordaily.com.au | Jessica Penny
30 May 2025 06:51 PM By Jessica Penny 5 minute read Facebook X LinkedIn Copy link Trump is making a habit out of threatening countries with trade levies and then back-pedalling, suggesting a short-term trading opportunity for those ready to capitalise on the chaos. In April, global markets were rocked by Donald Trump’s larger-than-expected “Liberation Day” tariffs imposed on economies around the world.
-
1 week ago | 
investordaily.com.au | Jessica Penny
30 May 2025 05:38 PM By Jessica Penny 7 minute read Facebook X LinkedIn Copy link With value becoming harder to find at home, a local investment firm is expanding its Australian equity growth strategy to include offshore opportunities. From next month, InvestSMART’s Intelligent Investor Australian Equity Growth Fund - Active ETF will be able to invest up to 30 per cent of its net asset value in global shares.
-
3 weeks ago | 
superreview.com.au | Jessica Penny
The country’s sovereign wealth fund has unveiled a flurry of changes to its leadership team, including the appointment of a key executive role. The Future Fund has named Nancy Collins as its chief financial officer and chief risk officer, where she will be tasked with overseeing finance, enterprise risk and select enablement functions at the fund.
-
3 weeks ago | 
superreview.com.au | Jessica Penny
While Australia’s largest super funds are increasingly bringing investment management in-house, Brighter Super is charting a different course as it continues to grow. The $34 billion fund has seen a sizeable increase in scale in recent years, largely driven by a series of successful mergers. Born out of a merger between LGIAsuper and Energy Super in 2021, the resulting $22 billion entity became Brighter Super. Since then, the fund has picked up Suncorp’s super business to expand beyond $30 billion.
-
3 weeks ago | 
superreview.com.au | Jessica Penny
While Australia’s largest super funds are increasingly bringing investment management in-house, Brighter Super is charting a different course as it continues to grow. The $34 billion fund has seen a sizeable increase in scale in recent years, largely driven by a series of successful mergers. Born out of a merger between LGIAsuper and Energy Super in 2021, the resulting $22 billion entity became Brighter Super. Since then the fund has picked up Suncorp’s super business to expand beyond $30 billion.
-
3 weeks ago | 
superreview.com.au | Jessica Penny
The industry superannuation fund-owned global private markets manager has finalised a landmark partnership with a UK pension fund. UK pension fund, Nest, has officially become a 10 per cent shareholder in IFM Investors, supporting the latter's expansion into global markets and bringing UK expertise into its ownership group. According to IFM, Nest is now the investment manager’s first overseas investor, alongside 15 local super funds.
-
3 weeks ago | 
superreview.com.au | Jessica Penny
Australia’s superannuation industry has welcomed the appointment of Dr Daniel Mulino as Assistant Treasurer and Financial Services Minister. On Monday Prime Minister Anthony Albanese confirmed Mulino would take over the portfolio, citing his PhD from Yale as strong evidence of his suitability for the position.
