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06 April 2023 • By Jessica Penny • 1 min read

Mercer Pacific leadership welcomes BT Super execs

Post-merger, Mercer has announced its Pacific executive team as 350 BT Financial employees join the firm. Mercer has welcomed former BT Super ...

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Global X launches US investment grade corporate bond ETF

The fund manager is meeting Australia’s increasing demand for fixed income assets.  Global X ETFs (Global X) has launched the Global X USD ...

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‘Prudent’ rate pause does not signal end to hiking cycle: Lowe

The governor has stressed the Reserve Bank remains open to actioning additional hikes to the cash rate amid speculation of an end to the cycle

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Government will need to deliver more than just YFYS ‘tweaks’: ISA

While some have expressed support for the government’s planned changes to the Your Future, Your Super test, Industry Super Australia has called for a ...

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Magellan discloses almost $4bn in net outflows

The fund manager has released its monthly FUM update. Magellan Financial Group has disclosed that it experienced $3.9 billion in net outflows ...

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ANZ partners with GCV to trade tokenised ACCUs

Big four bank ANZ has partnered with Grollo Carbon Ventures (GCV) to trade Australian Carbon Credit Units (ACCUs). The partnership is ANZ’s first ...

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UBS eyes return to wealth management in Australia

The global financial services giant is reportedly set to re-establish its presence in the Australian wealth management space. UBS has hinted at a ...

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Franklin Templeton fills newly created sustainability stewardship role

A new senior hire expands the firm’s global stewardship and sustainability team. James Andrus has been named Franklin Templeton’s vice-president of ...

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RBA hiking cycle could be over: CBA, HSBC

The central bank remains open to further increases to the cash rate but some economists have claimed its decision to pause rates in April has ...

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ACCC casts doubt over ANZ, Suncorp merger

The competition watchdog has flagged preliminary concerns regarding ANZ’s proposed acquisition of Suncorp Bank. The Australian Competition and ...

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