Today
Pinnacle eyes global expansion, raising $400m to buy up offshore funds
The ASX-listed asset management juggernaut’s founder, Ian Macoun, said it was paying a fair price to buy stakes in the two businesses in the US and the UK.
- 1 hr ago
Yesterday
Business says Trump’s return turns up competition for investment
Executives from Telstra, QBE, Challenger and Mirvac have warned that the US and even Britain risk pulling away from Australia by cutting red tape.
- Updated
This Month
- Opinion
- Managed funds
Is anyone brave or stupid enough to bet against America?
Stock pickers have been punished for betting against the US. The choice between consensus or contrarianism on American exceptionalism is now harder than ever.
Eleven stock tips from Sohn to get you through 2025
Presenting in Adelaide on Friday, top investors pitched their ideas for how to make big returns from the sharemarket over the next 12 months.
Trump unifies top investors in decade-long bullish outlook for US
From Howard Marks to fellow billionaire Mike Novogratz, big-name asset managers say the return of Donald Trump to the White House will turbocharge growth.
Billionaires gather in Adelaide for Sohn big bash
The major stock picking conference is on tour for the third time in its nine-year history – as the supercar championships also come to the city of churches.
ANZ creates new roles to fix risk issues
ANZ wants to hire a new risk manager and a head of regulatory relations as it begins the long task of shedding its $750 million capital charge.
Dutton casts doubt on tax cuts for high earners
More than 1 million high-income earners had been expected to get further tax relief from the Coalition ahead of the next election. That now looks unlikely.
Platinum founder leads shareholder protest over exec pay
Platinum’s board was hit with a dreaded second strike after founder Kerr Neilson led a shareholder revolt against the company’s remuneration report.
Road toll fight shows risk of contract changes a reality for investors
The threat of changes by the NSW government to toll-road concessions is a “reality” for asset owners, but it may erode confidence in Australian assets.
Five macro trends to watch in Trump’s new world order
As economists and strategists scramble to forecast the likely impact of Donald Trump’s next four years in office, one thing remains sure – it’s going to be big.
- Opinion
- World markets
Global fundies gather in Sydney as world order reshapes in real time
Sydney is crawling with fundies and traders who are trying to work out how to position their books and build their portfolios in the age of Donald Trump.
- Updated
ANZ bond scandal hits Shayne Elliott’s bonus, with all staff at risk
The bank’s chief executive said there were clearly “morale” issues in the markets division at the centre of the trading allegations as executives took pay cuts.
Inside a decade-long rollercoaster ride with Afterpay’s Nick Molnar
Ten years ago this week, the buy now, pay later firm’s founder sold some jewellery to his business partner Anthony Eisen in a novel way: pay-in-four.
MinRes governance nightmare rages with Hesta putting it on ‘watch’
Hesta said the governance failures at Mineral Resources are “extremely concerning” and ASIC has progressed to an official investigation.
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Market winners and losers from Trump’s landslide
Australian superannuation funds, small caps and renewable energy will celebrate and despair as the Republican returns to the Oval Office.
The expats in Australia helping to decide if it’s Trump or Harris
The Democrats Abroad movement has helped at least 10,000 Americans living in Australia vote in this year’s presidential election.
- Analysis
- Interest rates
RBA baffled by home loan growth despite rate hikes
Higher interest rates were meant to put the brakes on the housing market. The RBA is asking why the opposite happened.
Antipodes’ Ross says short-term wealth hinges on US election
The portfolio manager says defensive stocks pose a bigger risk than the magnificent seven for investors that are overexposed to the American sharemarket.
- Opinion
- World markets
Super funds brace for election day
In 2016, Donald Trump’s win stunned Australians and sparked a sharemarket rally. This year, we may be more prepared, but we’re four times more exposed.