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14 February 2022 • By Maja Garaca Djurdjevic • 1 min read

Praemium posts record first half FUA

Praemium posted record FUA of $49 billion, up 43 per cent. Praemium reported net revenue growth of 25 per cent to $39.2 million for the first half ...

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Magellan funds under management continue to drop

Magellan Financial Group’s funds under management have continued to slide amid news Hamish Douglass is departing to focus on his health

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Why investors are targeting the electric utility sector

“We need to be slamming the breaks hard on fossil fuels,” Sarah Lau from Resolution Capital said, noting the investment potential of the electric ...

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Government removes super guarantee threshold

About 300,000 more Australians will now receive super guarantee contributions following the removal of the monthly income threshold. Australians ...

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ESG and crypto amongst top priorities for ASIC in 2022

The corporate regulator chair has outlined its biggest areas of focus this year. Addressing the parliamentary joint committee on Friday (11 ...

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Prosecutor drops cartel charges against Citi, Deutsche Bank

The Australian Competition and Consumer Commission’s (ACCC) charges against Citi, Deutsche Bank, and four senior executives in relation to alleged ...

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US inflation spike surprises governor Lowe

US high inflation has come as a surprise to governor Philip Lowe. US inflation has hit a 40-year high after food, electricity, and shelter ...

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APRA defends super funds paying fines with members’ cash

APRA has thrown its support behind super funds, labelling pools of emergency-use funds as a means to safeguard members’ financial interests

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Sustainable investing reaches record levels

More than $44 billion is now invested in sustainable funds across Australasia. Sustainable funds in Australia and New Zealand received record flows ...

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Asset managers admit target customers are men

Women could add billions to Australian investments and trillions to investments globally. New research from BNY Mellon Investment Management has ...

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