Powered by MOMENTUM MEDIA
lawyers weekly logo

News

markets

29 May 2023 • By Jon Bragg • 1 min read

Magellan CEO says move away from ‘entrepreneurial attachments’ is key for future growth

Since being appointed last year, Mr George has been instrumental in shaking things up at Magellan and helping it move away from its “entrepreneurial” ...

READ MORE
icon

US income data dents hopes of rate pause

Further hikes to interest rates may be on the cards, with the latest US spending data pointing to continued household resilience. The battle ...

READ MORE
icon

ASX bounces back as White House, Republicans strike debt ceiling deal

An ‘in-principle’ agreement has been struck between the White House and Republican leaders, renewing confidence in the equities market

READ MORE
icon

Will the Reserve Bank tip Australia into a recession?

The RBA is at risk of “overdoing it” and potentially triggering a recession in Australia if it keeps its foot on the accelerator, according to one ...

READ MORE
icon

AMP appoints new CFO, announces ‘simplified structure’

AMP has confirmed its decision to dissolve its wealth management business. In a statement on Monday, AMP announced that its Australian wealth ...

READ MORE
icon

Surprise spending dip locks in rate pause: CBA

A sharper-than-expected fall in retail spending is “just what the Reserve Bank wants to see” ahead of its next monetary policy board meeting, ...

READ MORE
icon

New analytics firm to shine a spotlight on funds management fees

The new firm aims to provide super funds and other institutional investors in Australia with greater insights into the fees charged by investment ...

READ MORE
icon

Latitude says profit to sink in wake of cyber attack

After suffering a cyber attack in March, Latitude has provided guidance on its half-year and full-year profit, indicating it is unlikely to declare an ...

READ MORE
icon

ASX offloads Yieldbroker stake

The market operator has confirmed a proposed transaction with a US-based trading platform. ASX has entered into a binding agreement to sell 100 per ...

READ MORE
icon

Is the death of the 60/40 portfolio overstated?

Super funds and asset managers have mixed views on the 60/40 portfolio. While the 60/40 portfolio has recently been abandoned by asset managers ...

READ MORE