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| | The Reserve Bank of Australia (RBA) has decided to leave interest rates unchanged at 4.1%, however, it flagged that inflation remains too high. During governor Philip Lowe's last monetary policy meeting, the RBA said its reason for holding rates ... |
| | | The global investment manager has appointed Aaron Thirukumar and Sabrina Kwek to the position of director for institutional sales and senior director for wealth distribution, respectively. In their new roles, Thirukumar and Kwek will be responsible ... |
| | | More than one quarter of all Australians are turning to collectibles to make money, including Pokemon cards, handbags, and designer furniture. According to data from Finder, 28% of Australians, representing 5.6 million individuals, have invested in ... |
| | | Former Morningstar executive Tim Murphy has resurfaced as head of research at a specialist investment consulting firm as it plans to launch a rival ratings business. Murphy - who was Morningstar's director of manager research for Asia Pacific for ... |
| | | The corporate regulator has made several executive changes within its enforcement and compliance, regulation and supervision and markets group teams. ASIC's current senior executive leader, investigations Chris Rowe has been promoted to the role of ... |
| | | Industry Fund Services (IFS) is partnering with the tech build and design unit of Boston Consulting Group to develop financial education and wellbeing solutions for super fund members. IFS will work with BCG X to "explore how the sector could work together ... |
| | | MLC Life Insurance has assisted the launch of Risk Hub, a new support platform designed to help advisers excel in risk advice. Risk Hub was officially launched this month by founder and former Zurich Financial Services head of digital Marc Fabris. It ... |
| | | APIR Systems has noted a significant rise in the registrations of new financial products, particularly of managed funds and managed accounts. According to APIR chief executive Chris Donohoe, while product registrations were slightly down from the previous ... |
| | | Natalie Jarvis will join the fund in September to head up its business development function and assist in expanding its financial adviser network. Jarvis joins from Australian Unity where she worked since 2020 and most recently held the position of ... |
| | | Northern Trust has named Caroline Higgins as its head of global fund services (GFS) Asia Pacific. Higgins, who first joined Northern Trust in 2016, was most recently head of Hong Kong, Macau, and Taiwan. She brings over two decades of experience in ... |
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