Little Black Book of Industry

Recently launched arcpoint OCIO has won three mandates including securing wealth manager and family office Larapinta Private, a new venture set up by a former Koda Capital partner.

Brandon Capital, a life sciences venture capital firm has exited from its investment in Myricx Bio, following its agreement to be acquired by Novartis for US$1.5 billion ($2.2bn).

A rising concentration risk across global and local equities is reorienting investors to income stocks and fixed income exposure, JBWere said.

The ETF issuer is making a switch to one of its ETFs, telling Financial Standard the ETF will be Australia's first to use artificial intelligence (AI) to select international stocks, while confirming several new products will be available in the near future.