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10 July 2023 • By Jon Bragg • 1 min read

GQG’s FUM climbs above US$100bn

The global investment boutique recorded more than US$6 billion of net flows during the first half of the year. ASX-listed global investment ...

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Bill Evans steps down as Westpac chief economist after 30-year stint

One of Australia’s top bank economists will move on from his role early next year and will be succeeded by Luci Ellis. Westpac has announced that ...

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Australian Unity, Cromwell agree on unlisted property funds merger

Cromwell is set to take over management of the combined portfolio valued at $1.1 billion. CDPF’s responsible entity, Cromwell Funds Management ...

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Aware Super default fund returns 10.7%

Super funds’ strong financial year member returns continue, with Aware Super returning 10.7 per cent on its default MySuper Lifecycle option. Aware ...

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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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