Macquarie Investment Management (MIM) today announced it will shed more than 240 actively managed and passive funds on its Wrap platform.

The fall of the Shield Master Fund and First Guardian Master Fund calls for tougher scrutiny of research houses and licensees to strengthen their governance framework, according to experts, who warn ...

Exchange-traded products (ETPs) that charge less than 0.65% p.a. in management fees tend to experience higher net inflows and greater success, new research from Rainmaker Information shows.

Roughly half of family businesses globally intend to increase focus on strategic partnerships and joint ventures in the next 12 to 24 months.

Superannuation funds are tipped to pour US$1.44 trillion into the US economy in 10 years' time - a whopping 44% jump from what the sector originally predicted.

Commonwealth Superannuation Corporation has formed a new partnership with GPT Group after selling a 50% stake in an office building.

Federated Hermes has agreed to acquire a large stake in FCP Fund Manager for US$331 million as it looks to expand its private markets capabilities.

The prudential regulator said the changes came after it held 57 meetings and roundtables with more than 150 stakeholders ...