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07 June 2023 • By Charbel Kadib • 1 min read

Latest GDP figures revealed amid mounting uncertainty

The latest national accounts data has shed light on the trajectory for the Australian economy, which observers increasingly expect to slip into ...

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RBA wage ‘fright’ fuels hiking bias, recession fears mount

The Reserve Bank has retained its monetary policy tightening bias, remaining open to future hikes despite risks the economy would be “knocked” off the ...

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RBA delivers highly anticipated June rate decision

The central bank has announced its official cash rate decision amid signs of a resurgence in inflationary pressures. The Reserve Bank of ...

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Sequoia confirms Morrison divestment

The firm has confirmed the sale of 80 per cent of its equity interest in Morrison Securities to New Quantum. In an ASX listing this week, Sequoia ...

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Magellan FUM shrinks again

The fund manager released its monthly funds under management (FUM) update, which showed slightly lower net outflows than over previous months

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ASX releases CHESS audit reports

The ASX has released a special report relating to the clearing and settlement system for Australia’s securities market. The securities exchange ...

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Cboe launches global listing offering

The market operator has expanded the trading reach of growth companies and asset managers “committed to innovation with a global impact”

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Aussie investors rooted in local small cap bias, fund manager suggests

A fund manager has suggested that Australian investors are overlooking an opportunity by only investing in small companies closer to home

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Magellan boss gives verdict on Future Fund’s strategic pivot to active equity management

The CEO of Magellan has shared his insights on the Future Fund’s recent return to active equity management. Speaking on a recent episode of the ...

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How AI is driving change at the world’s largest wealth managers

JPMorgan and Morgan Stanley are among the major financial institutions that are exploring the use cases of artificial intelligence in their operations

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