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Chief economist update: Fairy tales can come trueBY BENJAMIN ONG | MONDAY, 20 MAY 2019 11:01AM
The elimination of domestic political uncertainty surrounding the elections (with a government majority at that), the recent depreciation in the Australian dollar and, working in the background, the rise and rise in iron ore prices makes this time's promise of a budget surplus workable.
Read more: Liberium, Josh Frydenberg, Scott Morrison
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Victoria Funds Management Corporation has promoted a senior portfolio manager to head of equities, and hired from outside the company to fill the vacant role
The government's move to extend the ban on conflicted remuneration to listed investment companies and trusts is expected to provide financial advisers with some much needed certainty.
Aussie equities fund managers steadily improved in performance relative to benchmark from January to March, according to an updated SPIVA Australia Scorecard from S&P.
In the pre-pandemic world, there was a lot of talk around passive investment but now that the markets have taken investors on a rollercoaster ride, are the active managers leaving or just biding their time?
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