Michael Burry, who reaped millions from the subprime mortgage crisis of 2007, has shuttered Scion Asset Management.

Macquarie yesterday announced it is terminating several investment options within its SMA Model Portfolio over the coming weeks.

ASIC commissioner Simone Constant said the regulator's focus on private markets is not about "picking market winners" but rather just reaching its mandate.

Passive strategies continued to outperform their actively managed counterparts across major segments over the past year, according to Morningstar's latest Active/Passive Barometer.

Although agentic artificial intelligence (AI) is still nascent across financial services globally, its adoption will be crucial in achieving growth, a new report indicates.

AUSTRAC has warned that as a greater number of Australians reach retirement age, monitoring for money laundering needs to become a greater focus for the super sector.

Pacific Current Group confirmed Michael Clarke as managing director and chief executive, and Ron Patel as acting chief financial officer.

US President Donald Trump's policies have had a negative impact on quant investors' strategies, but the investment style has now bounced back and is entering a positive growth phase.

Originally launched for institutional investors in 2008, the Lazard Global Equity Advantage Fund is now available as an Australian unit trust.

MST Financial has bolstered its funds under management and advice to $700 million with the acquisition of FIIG Securities' asset management unit from AUSIEX.

Pengana Capital Group has bolstered its Australian equities investment expertise with the appointment of a senior portfolio ...

The head of investment risk at the prudential regulator will join one of the nation's biggest superannuation funds.