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13 July 2023 • By Jon Bragg • 1 min read

Australian ETF industry reaches $150bn milestone

The funds under management of the local ETF industry has hit an all-time high. The latest BetaShares Australian ETF Review has revealed that the ...

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‘Who knows?’: ANZ CEO uncertain on long-term path of interest rates

In an appearance before the House standing committee on economics on Wednesday, ANZ CEO Shayne Elliott fielded a question about where the bank sees ...

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NAB CEO says ‘no plans’ for return to financial advice

The CEO of NAB has said that the bank is staying out of advice. Asked about the Quality of Advice Review’s (QAR) recommendation to allow banks back ...

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Global equity market volatility tipped to continue

American Century has shared its global market outlook for the third quarter, which the US-based asset management firm expects will be characterised by ...

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Managed funds suffer record level of outflows

Billions of dollars flowed out of managed funds during the second quarter of the year, according to new data from Calastone. Calastone’s latest ...

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Investors see select equity opportunities amid economic tightening

As economic conditions tighten throughout the second half of 2023, the implications of higher interest rates will start to emerge with equity ...

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Why 1 in 6 asset managers may vanish in 5 years

The asset and wealth management industry is currently facing a set of “existential challenges”, according to a report by PwC. A new global survey ...

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2 more rate hikes predicted as RBA grapples with ‘delicate balance’

Franklin Templeton has released its latest assessment of global central bank policy, including the challenges being faced by the Reserve Bank of ...

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CBA invests in global climate specialist, confirms strategic alliance 

The big four bank has joined Wollemi’s capital raising as a major strategic investor to foster collaboration in the carbon market services sector

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GQG’s FUM climbs above US$100bn

The global investment boutique recorded more than US$6 billion of net flows during the first half of the year. ASX-listed global investment ...

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