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Chief economist update: Rate cuts coming, but not on race dayBY BENJAMIN ONG | MONDAY, 21 OCT 2019 10:42AM
Unless a positive shock emerges over the next few months, expect the RBA to continue lowering interest rates and the Morrison government to increase fiscal spending (but only after it's achieved having the Budget surplus immortalised on paper).
Read more: Budget, Melbourne Cup Day, ABS, ANZ, International Monetary Fund, Philip Lowe, Reserve Bank of Australia, Westpac-Melbourne Institute
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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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