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10 May 2024 • By Jessica Penny • 1 min read

Investors lean on fixed income as risk appetite dips towards neutrality

The most recent State Street Risk Appetite Index reflects a challenging month for bonds and equities, described as “frightful”, yet investor responses ...

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Former investment manager pleads guilty to forging reports

The man was arrested last year over forged reports that allegedly falsely verified or claimed a history of investment returns. Brett Paul ...

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Doubts raised about benefits of KKR deal for Perpetual shareholders

Morningstar’s equity analyst, Shaun Ler, has weighed in on KKR’s proposed acquisition of Perpetual’s wealth management and corporate trust businesses, ...

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Active management essential in transitioning to expanded markets, says professional

According to a professional, the fog of an extended period of limited opportunities is expected to clear, opening up a wider range of opportunities ...

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Betashares announces new fixed income offering

The fund manager has launched a new ETF, providing exposure to floating rate subordinated bonds issued by the big four banks. Betashares has ...

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HESTA interim CFO takes up permanent role

Natalie Kelly has been appointed to the role permanently. She was appointed to the role on an interim basis in March 2024 following the departure ...

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CBA reports quarterly profit drop as arrears grow

The big four bank has seen its cash profit decline 5 per cent compared to the previous third quarter. Commonwealth Bank has reported a quarterly ...

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Super returns see end of 6-month streak

With sticky inflation plaguing Australian and global markets, super funds have reported their first negative monthly return since October 2023

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JP Morgan Securities Australia rapped for market gatekeeper failure

The firm has been hit with a $775,000 penalty by the corporate regulator. JP Morgan Securities Australia Limited (JPMSAL) has been penalised by the ...

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Winners of Australian Wealth Management Awards revealed

There were 25 winners at the first-ever Australian Wealth Management Awards, held in Sydney tonight. The Australian Wealth Management Awards 2024 ...

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