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02 June 2023 • By Charbel Kadib • 1 min read

Fair Work lifts minimum wage as inflation battle persists

Australia’s minimum award rates are set to increase over the coming financial year amid ongoing cost-of-living pressures and expectations of further ...

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How AI is driving change at the world’s largest wealth managers

JPMorgan and Morgan Stanley are among the major financial institutions that are exploring the use cases of artificial intelligence in their operations

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Janus Henderson welcomes independent board director

The asset manager has appointed a veteran board member to its ranks. Janus Henderson has announced the appointment of Leslie Seidman as an ...

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US regulator fines Vanguard for ‘misleading’ customers

The global funds manager has been hit with a fine for reportedly overstating projected yields in customer account statements. The Financial ...

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High-quality fixed income tipped for growth

High-quality fixed income is expected to deliver strong returns this year. Schroders is quite confident that fixed income is set to be a standout ...

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ASIC slaps halt orders on Spaceship Super and Spaceship Voyager Funds

The corporate regulator has halted offers of Spaceship Super and Spaceship Voyager Funds. In a statement on Friday, the corporate regulator said it ...

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Equities recover as US House greenlights debt ceiling deal

The passing of legislation to suspend the US debt ceiling has helped restore investor confidence following a sustained dip in global equities

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‘Increasingly entrenched’ property rebound a ‘headache’ for RBA

Residential property values have continued to defy contractionary monetary policy settings, with sustained increases heightening the risk of further ...

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Sequoia enters trading halt due to delay in Morrison Securities divestment

The firm entered into a binding agreement to divest 80 per cent of its equity interest in Morrison Securities to New Quantum back in March

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Insignia class action set to begin over alleged misconduct

The firm is alleged to have breached its continuous disclosure obligations and misled its shareholders. A trial investigating alleged misconduct by ...

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