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17 October 2023 • By Jon Bragg • 1 min read

New fund to give access to ‘lucrative’ US property market

An international property fund focused on the US residential housing market has been launched for retail and wholesale investors in Australia

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HUB24 reports ‘strong’ FUA growth as inflows recover

The firm has declared a strong start to the financial year in a quarterly market update. HUB24’s total funds under administration (FUA) climbed to ...

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Stable global markets as investors rule out Iranian involvement, says economist

An economist has explained the relatively limited impact of the recent escalation in geopolitical tensions on global markets. The flare-up of the ...

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Magellan ‘well-positioned for success’ despite FUM losses, says chair

Andrew Formica, the recently appointed chairman of Magellan, has written to shareholders ahead of the fund manager’s annual general meeting next month

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US inflation data suggests another rate hike likely

New CPI data from the US released on Thursday has provided further evidence to support the case for an additional interest rate hike by the Federal ...

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Market volatility tugs at Australian ETFs despite robust inflows

Strong inflows failed to offset a decline in asset values during September, resulting in a fall in funds under management for the local ETF industry

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Perpetual turns net outflows into inflows

Outflows have turned to inflows in Perpetual’s asset management business. Perpetual’s assets under management (AUM) held steady over the September ...

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Aussie equities ‘back in favour’ as rates stabilise

A renewed level of interest in equities is among the major trends identified by Vanguard in the Australian ETF space. The stabilisation of interest ...

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HSBC tips sustained consumer spending ‘squeeze’

An extended period of elevated inflation, higher interest rates, and a heavier tax burden will likely underpin a prolonged drag on household ...

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US equities buoyed by dovish Fed remarks

Recent remarks from Federal Reserve officials are supporting speculation of an end to the central bank’s monetary policy tightening cycle

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