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17 August 2022 • By • 1 min read

Profit, FUM slide at Magellan

Magellan wrapped up a tumultuous year with a 9 per cent drop in average funds under management. In an ASX listing on Wednesday, Magellan revealed ...

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More retirees want age pension support from their super fund

A new white paper has been released. People seeking retirement are looking to superannuation funds for support that age pension is currently not ...

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Aussie ETF industry back on growth trajectory

Australian ETFs have recorded their strongest net inflows in nine months. After suffering three months of declines, the assets under management ...

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HESTA appoints Sydney firm to manage global equities mandate

HESTA has appointed a Sydney-based global equities investment manager to manage a major global equities mandate. Antipodes has announced its ...

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Further rate hikes to keep economy on 'even keel', RBA says

The RBA reiterated it is not on a pre-set path, but confirmed it expects to take “further steps” in the process of normalising monetary conditions

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BlackRock announces $1bn investment in local battery storage assets

BlackRock has committed $1 billion to build-out over 1 Gigawatt of battery storage assets across Australia at a critical time in the country’s energy ...

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FSC says Climate Change Bill 'just the beginning'

The FSC has called for a mandatory climate risk reporting regime to enable funds to properly price climate risk and efficiently allocate capital ...

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'Strategic review' confirmed for Challenger Bank

The investment manager has released its FY22 results. Challenger has announced a 19 per cent increase in normalised net profit before tax of $472 ...

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Fiducian posts 18% lift in gross revenue

The firm has released its results for the 2022 financial year. Fiducian Group has reported its highest ever net inflows of $309 million for FY22, ...

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Super funds 'coped well' with super early release, research finds

While super funds coped well with the early release of super arrangements, the impact on young people, women, single parents and the unemployed was ...

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