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23 March 2022 • By Maja Garaca Djurdjevic • 1 min read

VanEck ETF dumps Zip and Magellan

VanEck has deemed the BNPL sector unprofitable. VanEck has rebalanced its Australian Equal Weight ETF (MVW) following the sharp rise in bond ...

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Praemium platform includes ClearBridge SMA

Praemium has added ClearBridge Developed Markets Infrastructure Income Model Portfolio to SMA platform. Praemium has added ClearBridge Investments’ ...

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ASIC concerned consumers being misled by marketing of managed funds

The corporate regulator has commenced a surveillance into the marketing of managed funds. On Wednesday (23 March), ASIC said it is seeking out ...

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New options added to North’s investment menu

The investment platform has added the options progressively since December. North has confirmed 18 more options to its menu which cover equities, ...

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Mixed response to government’s digital asset reform

Responses are mixed to the government’s commitment to digital asset reform. On Monday, Senator Andrew Bragg proposed the creation of new ...

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CBA forecasts $40bn budget improvement

The strong economic rebound and increased commodity prices are expected to result in a significant improvement to the budget bottom line, a big four ...

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Gender superannuation gap narrows

The average super balance for women has grown at a faster pace than for men. A new report has revealed that the average superannuation balance for ...

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ASX adds non-executive director

A former Westpac chief information officer has joined the board of the ASX. The ASX has announced that David Curran has been appointed to its board ...

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New ACCC chair commences role

Gina Cass-Gottlieb has officially commenced her role as new chair of the Australian Competition and Consumer Commission (ACCC). With over 25 years’ ...

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Fed eyes 50bps rate hikes to stem inflation growth

In the eyes of the Fed, inflation is too high, and it may need to move more quickly to return monetary policy to a more neutral level. “There is an ...

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