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27 July 2023 • By Jon Bragg • 1 min read

Perpetual reports higher AUM in spite of ‘disappointing’ mandate losses

The group has benefited from positive market movements and strong investment performance. Perpetual has reported that its assets under management ...

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Fed signals more hikes may still be necessary as rates hit 22-year high

The US Federal Reserve has delivered its 11th rate hike since May last year. As widely anticipated, the Federal Open Market Committee (FOMC) raised ...

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Macquarie suffers blow from ‘weak trading conditions’

Following a successful FY23 result, Macquarie’s operating groups have underperformed in net profit contributions this past quarter. Macquarie Group ...

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Looming tailwinds could shake up soft landing relief

While a robust start to the year has many strategists agreeing that the risk of a recession is reduced, an investment manager warns that the market ...

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IMF lifts global growth forecasts, but says risks remain ‘tilted to the downside’

The International Monetary Fund has updated its World Economic Outlook. Global growth is expected to slow to 3.0 per cent in 2023, according to the ...

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‘Great opportunity’ for investors in current economic environment: Fidelity

Fidelity’s portfolio managers have identified opportunities in a number of sectors. Pockets of opportunity are still available in certain sectors ...

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Softer inflation figures may give RBA cause to pause

Inflation has come in below expectations in the lead up to the RBA’s next rate call. The Consumer Price Index (CPI) lifted 0.8 per cent in the June ...

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BetaShares floating rate bond ETF surpasses $1bn milestone

Fixed income ETFs received record inflows in the first six months of this year. Amid strong interest in fixed income so far this year, the ...

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Mercer named as investment adviser for Pengana’s new private credit division

Pengana will seek to leverage Mercer’s global footprint, access, and expertise. Pengana Capital Group has appointed Mercer to act as investment ...

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Dexus healthcare property fund receives $220m backing

The firm has announced a fully subscribed capital raise to one of its unlisted property funds. Dexus has successfully raised $220 million for its ...

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