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11 January 2024 • By Maja Garaca Djurdjevic • 1 min read

‘Watershed day’ for crypto market: SEC approves bitcoin ETFs

The SEC has greenlit the commencement of trading for bitcoin ETFs in the US, marking a significant milestone in the recognition of bitcoin as a ...

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Aviva forecasts global growth slowdown amid low recession risk

The asset manager predicts the impact of restrictive fiscal policies will begin to take full effect in 2024, with potential rate cuts paving the way ...

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SG Hiscock welcomes new CIO

The fund manager has added a seasoned investment strategist to its executive team. SG Hiscock & Company has announced the appointment of Robert ...

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SEC Twitter hack triggers bitcoin price roller-coaster

On Wednesday, the price of bitcoin experienced a surge triggered by the apparent approval of exchange-traded funds linked to the spot price of the ...

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Bracing for a market paradigm shift

Investors are now confronted with a vastly different market landscape to a decade ago, an investment manager says. While the Global Financial ...

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Directors hit with $390k penalty for breaches of duty

The Federal Court has ordered four current and former directors of a responsible entity for a managed investment scheme to pay $390,000 in penalties

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Economists divided on rate cuts following cool inflation data

Economists suggest that the most recent CPI data aligns with the notion that the cash rate may have reached its peak, but while some anticipate ...

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AFCA complaints skyrocket amid cost-of-living woes

As the number of disputes escalated to the scheme hits 100,000 for the first time in 2023, the continued increase is putting “unnecessary pressure” on ...

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New Platinum CEO to take over reins

The asset manager has confirmed the appointment of its new chief executive following the approval of his working visa. Platinum Asset Management ...

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Bragg proposes reforms to curb big super sway

Noting the growing influence of Australia’s major super funds, Senator Andrew Bragg has put forward reforms to protect Australia’s retail investors ...

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