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27 April 2023 • By Charbel Kadib • 1 min read

Banking stability fears resurface following investor sell-off

A 30 per cent slide in the share price of an embattled US bank has renewed financial stability concerns following a period of relative stability

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Perpetual AUM bolstered by Pendal takeover, equities rebound

The group’s new-look business has been buoyed by the acquisition of Pendal Group and the early-year recovery across equities markets

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Closing ‘dud’ Choice products to new members is no punishment, says ISA

Industry Super Australia has responded to APRA’s latest Choice Heatmap. Preventing underperforming funds from taking on new members will not help ...

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Morningstar reveals latest upgrades and downgrades for fixed income strategies

The firm has updated its ratings for seven fixed income strategies following a review. Three fixed income strategies have been upgraded by ...

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Future Fund expects real returns will be ‘substantially below’ recent years

Higher inflation and interest rates are weighing on the sovereign wealth fund’s outlook. Future Fund chair Peter Costello has warned that real ...

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Janus Henderson secures senior fixed income economist

The planned retirement of a veteran investment strategist will be supported by the fund manager’s latest appointment.  Janus Henderson has welcomed ...

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Insignia reports higher FUMA as investment markets stabilise

The firm has provided an update covering the third quarter of the financial year. Insignia Financial’s funds under management and administration ...

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BetaShares expands adviser services leadership

The fund manager has made a senior hire and promotion to bolster its national distribution efforts. BetaShares has announced the appointment of ...

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Credit Suisse sheds $100bn ahead of UBS takeover

The Swiss bank recorded a second consecutive quarterly contraction in net fund flows before its “emergency” takeover by competitor UBS

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1 in 5 Choice options ‘significantly underperform’ APRA’s benchmarks

The prudential regulator has published its latest Choice Heatmap. The Australian Prudential Regulation Authority’s (APRA) latest Choice Heatmap has ...

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