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Showing 1091 - 1100 of 14210 results for "Interest"

Aussie economy grows 0.2% in June quarter

ELIZA BAVIN  |  WEDNESDAY, 4 SEP 2024
... keeping economic growth in positive territory," Smooth said. "This is not a sustainable position and shows that higher interest rates have done their job in slowing the economy. The Australian economy was fully 1% smaller than it would have been in the ...

Advisers add 5.7% premium

KARREN VERGARA  |  WEDNESDAY, 4 SEP 2024
... temptation to chase more gains. One challenge in 2024 was curbing investors' enthusiasm as the AI boom and anticipated interest rate cuts pushed markets upwards. Investors typically face the risk of falling into the trap of buying while markets are ...

Former ASIC commissioner joins Insignia Trustees

KARREN VERGARA  |  WEDNESDAY, 4 SEP 2024
A former ASIC commissioner will join Insignia Financial as the chair of its trustees business on September 19. Danielle Press also assumes the position of non-executive director at Insignia Financial Trustees, replacing Lindsay Smartt. Press had a five-year ...

Australian Ethical locks in new custodian

ANDREW MCKEAN  |  TUESDAY, 3 SEP 2024
... said. In selecting State Street, Financial Standard understands that Australian Ethical was encouraged by the strong interest shown from several custodians in partnering together. It's understood that Australian Ethical conducted a broad-based market ...

SPAC acquires Australian Food & Agriculture

KARREN VERGARA  |  TUESDAY, 3 SEP 2024
... which is the parent company of Bell Financial Group (BFG), Bell Securities, and Bell Asset Management, has about 66% interest in AFA. Former BFG chair Provan, the late Colin Bell's estate and Lewis Bell each had more than a 20% interest in BGH, according ...

End of the road for three Franklin Templeton funds

KARREN VERGARA  |  TUESDAY, 3 SEP 2024
Franklin Templeton has terminated two funds and is in the process of shuttering another as the strategies failed to scale assets under management (AUM). The funds are Martin Currie Diversified Income Fund, Martin Currie Tactical Allocation Fund, and ...

CFS reviews Ironbark mandate

KARREN VERGARA  |  TUESDAY, 3 SEP 2024
Colonial First State (CFS) is reviewing its mandate with Ironbark Asset Management, which recently decided to sever ties with Royal London Asset Management (RLAM), whose former investment team left to set up a new Pinnacle Investment Management affiliate. ...

Australian ETF market hits $206bn: Global X

MATTHEW WAI  |  MONDAY, 2 SEP 2024
... valuation of $1 trillion by 2030 if this momentum continues." "Artificial intelligence, regional pockets of investor interest, and fixed income are the three main trends which we expect will accelerate into the second half of 2024." Currently, ETFs only ...

Super funds fail to meet millennial members' expectations: ASIC roundtable

ANDREW MCKEAN  |  MONDAY, 2 SEP 2024
... takeaway was that "superannuation is competing with more immediate issues" in the minds of millennials. "There is a lack of interest in superannuation among many millennials who are often juggling competing priorities because of cost-of-living pressures ...

Funds SA exec jumps ship

ELIZABETH FRY  |  MONDAY, 2 SEP 2024
Tony Keenan has left the $43 billion investment corporation after a seven-year stint as executive manager of corporate engagement. Keenan left the organisation in August and was a core member of Funds SA's close-knit leadership team. Keenan plans ...