POWERED BY MOMENTUM MEDIA
Government backs securities changes
The Federal Government has thrown its backing behind the Australian Securities Exchange and the Australian Securities and Investments Commission rule changes with respect to partly-paid securities.
The Minister for Superannuation and Corporate Law, Senator Nick Sherry, said the Government shared the concern of the Australian Securities Exchange and the regulator that retail investors had not fully understood their potential obligations with regard to partly paid securities.
He said that a falling share market this year had meant that some securities that looked like a bargain actually had huge liabilities attached to them and were not understood by the retail investors who purchased them.
"Today's announced rule changes will greatly assist in ensuring retail investors more fully appreciate the implications of this type of security, and that aligns with the Government's overall focus on market integrity," Senator Sherry said.
Recommended for you
Private market assets in super have surged, while private debt recorded the fastest growth among all investment types.
The equities investor has launched a new long-short fund seeded by UniSuper, targeting alpha from ASX 300 equities using AI insights.
The fund has strengthened efforts to boost gender diversity, targeting 40:40:20 balance across its investment teams by 2030.
The lower outlook for inflation has set the stage for another two rate cuts over the first half of 2026, according to Westpac.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
92.15 3 y p.a(%)
2
Global X 21Shares Bitcoin ETF
53.24 3 y p.a(%)
3
Global X GlobalX FANG+ ETF
43.15 3 y p.a(%)
4
DomaCom Shoreline North Coogee
36.26 3 y p.a(%)
5
GAM LSA Private Shares AU I
35.87 3 y p.a(%)
