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| | | The number of financial advisers is close to dipping below the 17,000 mark as more than 700 recently exited the industry. As of March 17, the ASIC Financial Adviser Register recorded 17,246 active advisers, Rainmaker modelling of the data reveals. On ... |
| | | | Magellan Financial Group reported another massive outflow in which $5 billion left the ASX-listed fund manager in two weeks. This brings total funds under management to $69.1 billion as at March 11. Some $4.7 billion of the most recent outflows came ... |
| | | | AGL Energy has rejected another takeover bid offer made by the consortium led by Atlassian's Mike Cannon-Brookes. The $8.25 per share offer "is still well below both the fair value" of the company, the AGL board told the ASX this morning. Cannon-Brookes ... |
| | | | Investors continue to abandon Magellan Financial Group as funds under management currently dip below $80 billion. Some $18.3 billion disappeared from the ASX-listed fund manager between December 2021 and February 23, as total FUM now sits at $77.2 billion. ... |
| | | | ... with young children, HESTA said. Women's workforce participation rate when the youngest child is 0-5 years is almost 28.2% below that of fathers, and 12.2% lower where the youngest child is 6-14 years. "There have been some significant reforms such as ... |
| | | | Media Super has confirmed the two funds will merge on April 9 and that its members will see their administration and investment fees increase slightly in return for a more comprehensive offering. In an update to members, Media Super said its merger ... |
| | | | According to new quantitative analysis, higher inflation in Australia is set to have a negative impact for ASX investors. SigTech, a quantitative technology company, provided analysis on how various inflation levels over the past 50 years have impacted ... |
| | | | Magellan Financial Group chair Hamish Douglass continues to take a contrarian stance by shunning "turnaround companies", claiming they make it difficult for fund managers to be profitable. A company in the process of turning around its operations are ... |
| | | | Finder's RBA cash rate survey reveals 58% of economists expects a rate rise in 2022. In this month's survey, 36 experts and economists weighed in on future cash rate moves and other issues relating to the state of the economy. While almost all ... |
| | | | Plato Investment Management predicts income from global shares will continue to rise in 2022, following a strong 2021 calendar year. The fund manager's Global Income Report shows dividend income increased in all but one country (Switzerland) when comparing ... |
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