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29 May 2023 • By Reporter • 1 min read

AMP appoints new CFO, announces ‘simplified structure’

AMP has confirmed its decision to dissolve its wealth management business. In a statement on Monday, AMP announced that its Australian wealth ...

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Surprise spending dip locks in rate pause: CBA

A sharper-than-expected fall in retail spending is “just what the Reserve Bank wants to see” ahead of its next monetary policy board meeting, ...

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Mercer Super says it intends to keep growing amid another merger

The super fund is set to welcome members of Holden’s employee super fund next month after earlier mergers with BT Super and Lutheran Super

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What are the global implications of UK’s sticky inflation?

Higher than expected UK inflation may give the RBA reason to remain hawkish. As the central bank prepares to announce its next monetary policy ...

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New analytics firm to shine a spotlight on funds management fees

The new firm aims to provide super funds and other institutional investors in Australia with greater insights into the fees charged by investment ...

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Latitude says profit to sink in wake of cyber attack

After suffering a cyber attack in March, Latitude has provided guidance on its half-year and full-year profit, indicating it is unlikely to declare an ...

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Aware Super announces new risk division, boosts investment strategy team

Two hires are to play a founding role in a new investment risk division while the fund’s macro strategy team undergoes an expansion. Leading the ...

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ASX offloads Yieldbroker stake

The market operator has confirmed a proposed transaction with a US-based trading platform. ASX has entered into a binding agreement to sell 100 per ...

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Is the death of the 60/40 portfolio overstated?

Super funds and asset managers have mixed views on the 60/40 portfolio. While the 60/40 portfolio has recently been abandoned by asset managers ...

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‘Keep an open mind when investing globally’, says fund manager 

Investors must look beyond the sectors they are used to when investing globally, according to a fund manager. Josh Snyder, global investment ...

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