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| | | IOOF ended March quarter with $203.9 billion in funds under management and administration, after significant outflows from advice and pensions business. The March end FUM was $1.5 billion higher than the previous quarter, and primarily driven by a $5.4 ... |
| | | | Latest inflation figures released by the Australian Bureau of Statistics (ABS) underscore both the Reserve Bank of Australia's prescience and governor Philip Lowe's expectation that the official cash rate will remain low until at least 2024. ... |
| | | | ... crimp demand for iron ore. But this had been negated by rising demand elsewhere. Reuters points out that "imports by the rest of the world are rising, with ex-China arrivals estimated at 41.25 million tonnes in March, up from 34.43 million in February ... |
| | | | Gordon Brothers and Ritchie Bros. have created a joint venture to service the Australian and South-East Asian insolvency and restructuring market. Gordon Brothers is an independent advisory firm that provides restructuring and asset remarketing while ... |
| | | | AMP has confirmed Boe Pahari will leave the business as it pursues a demerger of its Private Markets business, after plans to sell to Ares Management fell through. AMP will demerge its $50 billion Private Markets business from AMP Limited and list it ... |
| | | | ... distribution team and 15 investment analysts will provide additional support to Perennial Better Future. "We'll still work with the rest of the asset management business and they'll continue to work closely with us," Cottier noted. The intention will ... |
| | | | Browse through recent monetary policy statements released by many central banks around the world and you'll notice a central theme - economic recovery starting this year powered by vaccinations, eased restrictions (in some countries), adaptation ... |
| | | | The Australian Bureau of Statistics has revealed what people who accessed their super early due to financial hardship caused by COVID-19 spent the money on. The ABS found that 29% of people who accessed their super in the early release of super program ... |
| | | | ... Financial Standard revealed it was working on late last year, introducing one of the lowest cost SRI vehicles in the market. Rest's 1.7 million members will now have access to 'Sustainable Growth', the fund's first socially responsible investment option ... |
| | | | Copper prices continue to rally and indications are it won't be long now until it recaptures the US$10,000 a tonne record it reached 10 years earlier. At the current price of US$9,415.00, copper's only 5.9% away and won't be long till it ... |
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