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07 July 2023 • By Maja Garaca Djurdjevic • 1 min read

BlackRock extends cost reductions on popular iShares ETFs

An ETF provider has announced further fee cuts. In a statement on Friday, BlackRock said it has lowered the fees on two iShares ETFs, from 0.2 per ...

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Credit crunch could spur gold rally

Gold prices could be set to soar if mounting expectations of a deeper global recession materialise. Over the first half of 2023, gold prices ...

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Bloomberg receives accolade as ‘best market data provider’

The company’s flagship data feed, B-PIPE, has been recognised at the WatersTechnology Asia Awards 2023. Bloomberg, a leading provider of financial ...

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Super funds deliver better-than-expected results in June

SuperRatings has published its estimates for June’s super fund returns. The median balanced superannuation option delivered a 1.2 per cent return ...

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Fed divided on monetary policy, minutes reveal

A group of the central bank’s board members needed to be convinced to support a monetary policy pause, according to newly released minutes

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Treasury bond rates surge as shares brace for ‘correction’

Fixed income assets continue to gather momentum amid evolving inflation and monetary policy expectations. Ten-year US Treasury bond yields surged ...

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Cbus touts solid returns in the face of volatility

Cbus Super is the latest super fund to announce a solid return for members despite a volatile year for markets. On Thursday, Cbus announced an 8.95 ...

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Magellan FUM drops below $40bn

The firm’s June funds under management (FUM) results are the latest in its continued downtrend. Magellan Financial Group has disclosed net outflows ...

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Ignition unveils chief platform and technology officer role

The firm has named an experienced wealth management design lead to take on the inaugural role. Ignition Advice has bolstered its executive team ...

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AustralianSuper welcomes chief strategy and corporate affairs officer

Ms Benson will commence from 18 September. AustralianSuper has announced the appointment of Paula Benson to the role of chief strategy and ...

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