Day's exit also follows that of several other senior Cbus staff in recent times. These include deputy chief executive Marianne Walker and chief investment officer Brett Chatfield.

After admitting it didn't sufficiently assess the First Guardian Master Fund before making it available to super members, Netwealth is being sued by ASIC and will repay $101 million to victims.

Global infrastructure manager Stonepeak will acquire Allgas, a gas distribution network in Queensland. The US$80 billion asset manager has bought the network from APA Group, Marubeni Corporation, and ...

The Federal Court has appointed receivers for the assets of First Mutual Private Equity and its sole director Gregory Raymond Cotton over allegations investor funds were gambled.