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08 May 2024 • By Laura Dew • 1 min read

Perpetual broken up following strategic review, CEO to retire

Perpetual is to become solely focused on asset management and chief executive Rob Adams will retire as the firm announces the outcome of a six-month ...

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Prepared to raise rates if necessary: RBA admits all options are still in play

Economists have perceived the RBA’s latest statement as showing no near-term appetite towards rate easing. The Reserve Bank of Australia (RBA) left ...

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Inflation-fighting and future-making: Chalmers reveals key budget themes

According to the Treasurer, the government is charting a “responsible middle path” between “slashing and burning” the budget and turning it into a ...

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Online investment adviser to launch ‘ETF-exclusive’ super solution

Stockspot is aiming to launch the Australia-first vehicle in the coming months. Online investment adviser and fund manager Stockspot has introduced ...

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GQG loses positive FUM momentum

The fund manager has seen its first FUM loss this year after a months-long growth streak. GQG Partners has reported that its funds under management ...

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RBA announces latest rate decision amid stubborn inflation

The central bank has announced its latest rate decision amid stubborn inflation and increasing geopolitical tension. The Reserve Bank of Australia ...

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ANZ reports profit drop, announces $2bn share buyback

The big four bank’s latest results indicate a drop in the cash profit of 7 per cent on the prior corresponding period. ANZ has reported a half-year ...

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ART brings AvSuper into fold with successful merger

The country’s second largest super fund has completed its fourth SFT this past financial year, and welcomes almost 5,000 new members. Australian ...

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When does a mega fund choose to engage or divest?

Aware Super has outlined its systematic approach to corporate engagement as institutional investors increasingly assert their influence on company ...

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Institutional sustainability flows hindered by obstacles

While there is a strong global appetite for responsible investment, three executives have pointed out obstacles hindering investors from funding the ...

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