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28 July 2023 • By Keith Ford • 1 min read

AFCA complaints increase 34% in FY22–23

The ombudsman received almost 97,000 complaints over the last financial year. The Australian Financial Complaints Authority (AFCA) has announced ...

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Treasurer announces appointments to RBA’s Payments System Board

Jim Chalmers has confirmed two new board appointments as well as a reappointment. Michelle Deaker and Ross Buckley have been appointed as part-time ...

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Franklin Templeton nabs Future Fund alternatives specialist

The appointment comes as the firm aims to expand its alternative investment capabilities. Franklin Templeton has announced the appointment of ...

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Investor confidence maintains growth streak

While investor confidence has improved to its highest level since October, investors worldwide continue to maintain a defensive stance. State ...

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Insignia achieves FY23 positive inflow target

The firm has provided its quarterly update for the three months ending 30 June 2023. Insignia Financial’s funds under management and administration ...

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Regal and GQG seek to acquire Pacific Current Group

GQG Partners has announced its intention to submit a bid for the multi-boutique asset management firm, just a day after Regal Partners confirmed its ...

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Perpetual reports higher AUM in spite of ‘disappointing’ mandate losses

The group has benefited from positive market movements and strong investment performance. Perpetual has reported that its assets under management ...

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Fed signals more hikes may still be necessary as rates hit 22-year high

The US Federal Reserve has delivered its 11th rate hike since May last year. As widely anticipated, the Federal Open Market Committee (FOMC) raised ...

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NGS Super ‘ahead of schedule’ on decarbonisation pledge

The industry super fund is on track to decarbonise its portfolio by 2030. NGS Super has revealed that it is making “faster than expected” progress ...

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Macquarie suffers blow from ‘weak trading conditions’

Following a successful FY23 result, Macquarie’s operating groups have underperformed in net profit contributions this past quarter. Macquarie Group ...

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