IAB's Tech Supplement 2025 is now live and available to read here. This edition features expert insights from our partners and sponsors on how the accountancy profession is utilising the latest technology. Praxity CEO Sam Louis examines how success now hinges on a firm’s ability to embrace a digital-first mindset, one that identifies value-add through the strategic alignment of its tech stack, relationships and talent. Paul Lodder, VP of Accounting Product Strategy at Dext, unpacks the challenges for s ...

Liberty Mutual Insurance has introduced a new Infrastructure Solutions unit to support complex infrastructure programmes across construction, energy and digital projects. The unit will address projects ranging from construction to large civil and technical undertakings and will be positioned within Global Risk Solutions (GRS), Liberty Mutual’s global commercial, specialty and reinsurance business. GRS currently provides services to 80 of the top 100 Engineering News-Record contractors. Two senior roles ...

Core Viewpoint - A class action lawsuit has been filed against Alto Neuroscience, Inc. for allegedly misleading investors regarding the effectiveness of its treatment ALTO-100 for Major Depressive Disorder (MDD) [7]. Allegation Details - The lawsuit claims that the Offering Documents for Alto's IPO were negligently prepared and that the company failed to disclose critical information about ALTO-100's effectiveness [7]. - Specifically, it is alleged that ALTO-100 was less effective in treating MDD than the company had indicated, leading to overstated clinical, regulatory, and commercial prospects [7]. Stock Performance Impact - Following the announcement of the Phase 2b trial results on October 22, 2024, which indicated that ALTO-100 did not meet its primary endpoint, Alto's stock price plummeted by $10.17 per share, a decrease of 69.99%, closing at $4.36 per share on October 23, 2024 [7]. Next Steps for Investors - Investors who purchased Alto securities between February 2, 2024, and October 22, 2024, are encouraged to contact the law firm for more information and to discuss their legal rights [4]. - The deadline for investors to apply to be appointed as lead plaintiff in the lawsuit is September 19, 2025 [7]. About the Law Firm - Bragar Eagel & Squire, P.C. is a nationally recognized law firm that represents individual and institutional investors in complex litigation [5]. - The firm has offices in New York, California, and South Carolina and specializes in commercial and securities litigation [5].

Group 1 - ASML announced an investment in Mistral AI, which is seen as a significant development for the European AI sector [1] - The investment group, The Aerospace Forum, focuses on identifying investment opportunities in the aerospace, defense, and airline industries [1] - The analysis provided by the group is informed by data and aims to contextualize industry developments and their potential impact on investment strategies [1]

Core Insights - The WisdomTree India Earnings ETF (EPI) is a smart beta ETF that debuted on February 22, 2008, providing broad exposure to the Asia-Pacific (Emerging) ETFs category [1] - Smart beta ETFs aim to outperform traditional market cap weighted indexes by using alternative weighting strategies based on fundamental characteristics [2][3] - EPI has amassed over $2.9 billion in assets, making it one of the largest ETFs in the Asia-Pacific (Emerging) ETFs space [5] Fund Details - EPI is managed by WisdomTree and seeks to match the performance of the WisdomTree India Earnings Index, which measures the performance of profitable companies incorporated and traded in India [5][6] - The fund has an annual operating expense ratio of 0.84%, which is relatively high compared to other options in the market [7] - EPI has a 12-month trailing dividend yield of 0.27% [7] Holdings and Sector Exposure - The fund's holdings are primarily in US Dollar, accounting for approximately 116.47% of total assets, with significant positions in Wt India Investment Portfolio Inc and HDFC Bank Limited [8] - The top 10 holdings represent about 205.13% of total assets under management, indicating a concentrated investment strategy [9] Performance Metrics - As of September 19, 2025, EPI has added approximately 0.51% year-to-date but is down about -7.73% over the past year [11] - The ETF has traded between $40.08 and $50.82 in the last 52 weeks, with a beta of 0.48 and a standard deviation of 15.12% over the trailing three-year period, categorizing it as a medium-risk investment [11] Alternatives - Other ETFs in the space include Franklin FTSE India ETF (FLIN) and iShares MSCI India ETF (INDA), which have lower expense ratios and larger asset bases [12][13] - FLIN has $2.5 billion in assets with an expense ratio of 0.19%, while INDA has $9.45 billion with an expense ratio of 0.62% [13]

Zijin Gold International, a wholly owned subsidiary of China's Zijin Mining, is seeking to raise HK$24.98bn through an initial public offering (IPO) in Hong Kong. The company is offering 349 million shares at HK$71.59 each, with trading scheduled to begin on 29 September. The IPO will give Zijin Gold an estimated value of $24.1bn, reported Reuters. The IPO comes at a time when gold prices, typically buoyed by low interest rates and market uncertainty, have gained nearly 39% this year. This offering wil ...

The MSI Global Alliance, an international consortium of legal and accounting companies, has added two new accounting companies Al Nuha International in Oman and Simplica in Switzerland to its network. Al Nuha International, based in the capital city of Muscat, is known for its auditing, accounting, and consulting services. The company has established a diverse clientele, catering to various sectors including multinational corporations, small and medium-sized enterprises, and government entities in Oman ...

Why are gold prices up 44 per cent so far this year?Gold prices have gained primarily due to fears of higher global inflation, economic uncertainty due to the US’ trade dispute and geopolitical tensions. Australia’s Office of the Chief Economist says that since late 2024, gold prices have been boosted by 3 factors: first, a sharp rise in trade barriers raised concerns over world economic growth and corporate earnings. Then, worries over the US fiscal outlook saw investors take a less favourable view of US T ...

Deliveroo founder and CEO, Will Shu, has decided to step down following the company's takeover by US competitor DoorDash. This takeover, which values Deliveroo at approximately £2.9bn ($3.9bn), was announced in May and is expected to be finalised on 2 October. The deal terms offer a significant premium on Deliveroo’s shares, with a 29% increase over the closing price on 24 April 2025, and a 40% premium on the three-month volume-weighted average price. A court hearing to approve the acquisition is antici ...

Moderna (NASDAQ:MRNA) has agreed to resolve a patent litigation in which Alnylam Pharmaceuticals (NASDAQ:ALNY) has alleged that the delivery technology used in the company’s COVID-19 vaccine has violated the latter’s patent rights. According to court filings submitted on Thursday, the duo ...