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22 March 2024 • By Keith Ford • 1 min read

Sophisticated investor test under scrutiny amid a new inquiry

A parliamentary committee has kicked off an inquiry into the wholesale investor thresholds. The parliamentary joint committee on corporations and ...

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Recent SEC action spurs discussions of ‘AI washing’ in Australia

Regulatory action in the US against two investment advisers has raised concerns about the potential for financial firms to face accusations of “AI ...

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Markets welcome ‘friendly’ decision as Fed holds rates

While the Federal Reserve opted for a hold in its March meeting, its dovish tone suggests a quiet confidence for a soft landing ahead, according to ...

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‘Macro bullishness’ drives fundie allocations as recession woes dissipate

Global fund managers are the most bullish they have been in more than two years, new data has shown. Growth expectations are at a two-year high for ...

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Allens reports uptick in financial services class actions

Financial services class actions are back on the agenda after a “brief reprieve” in recent years, reporting a 69 per cent uptick during 2023, with ...

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ART welcomes former APRA deputy chair to board

Australian Retirement Trust (ART) has announced two new board appointments, welcoming Helen Rowell and Dr Martin Parkinson as new independent ...

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Maple-Brown Abbott appoints BDM

Maple-Brown Abbott has appointed Sophie Metcalfe as a business development manager. The boutique investment manager, which recently saw its chief ...

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Director of crypto fund rapped for unlicensed services

The corporate regulator has handed down a permanent ban to the director of a crypto fund, whom ASIC deemed to lack “integrity, trustworthiness and ...

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RBA expected to take cautionary stance on latest jobless data

The RBA is expected to approach the latest jobless data very cautiously. The unemployment rate in Australia fell by 0.4 percentage points to 3.7 ...

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Economists divided: When will the RBA cut interest rates?

The timing of when the RBA will begin cutting interest rates has become a subject of speculation among economists. On Tuesday, the Reserve Bank ...

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