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06 September 2022 • By Neil Griffiths • 1 min read

Magellan FUM drops again in August

The fund manager has released its latest funds under management (FUM) update. Magellan has reported $1.3 billion of net outflows as at 31 ...

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RBA undeterred by warnings, keeps foot to the floor

Some economists now expect the RBA to raise official interest rates to 3 per cent by the year’s end. The Reserve Bank of Australia (RBA) has ...

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BlackRock expands fixed income ETF range

An Australian dollar hedged version of the iShares Global Aggregate Bond ESG ETF has been launched. The iShares Global Aggregate Bond ESG AUD ...

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Fund size ‘not a definitive predictor’ of performance, research shows

Smaller super funds were among the best performers in the last financial year. Analysis by Frontier Advisors has concluded that asset allocation ...

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Financial services industry puts anti-money laundering on the agenda

New research has examined the attitudes of banking and finance professionals towards anti-money laundering. Anti-money laundering (AML) has risen ...

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IFM Investors appoints first chief strategy officer

The investment manager has added an experienced leader to its global executive team. Industry super fund-owned global investment manager, IFM ...

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Property price slump to deepen if rates surpass 3%, expert says

The slump in home prices could deepen beyond expectations if the cash rate pushes above 3 per cent, an expert has warned. Currently, AMP’s chief ...

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Ban on binary options for retail clients extended to 2031

ASIC has extended its product intervention order banning the issue and sale of binary options to retail clients, after they were estimated to cause ...

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eToro launches Australian stocks portfolio

EToro has launched its AussieEconomy portfolio enabling users exposure to some of Australia’s best-performing stocks. EToro announced the launch of ...

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Schroders appoints new head of private wealth

Schroders has appointed Theone Star as head of private wealth. Ms Star will be based in Sydney and report to Schroders Australia CEO, Sam Hallinan, ...

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