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| | | Commonwealth Bank (CBA) has appointed Luke Yeaman as its new chief economist and head of global economic and markets research. Yeaman is currently a deputy secretary in the Department of Treasury and head of their macroeconomic group, a position he's ... |
| | | | Texas and 10 other Republican-led states are suing BlackRock, State Street and Vanguard, saying their climate activism violated antitrust laws and caused reduced coal production and higher energy prices. Texas Attorney General Ken Paxton filed a case ... |
| | | | Hostplus has made changes to its investment fees and costs for FY23/24, increasing them between 0.06% to 0.16%. Members invested in the Conservative Balanced option and the Capital Stable option saw fees rise 10bps from 0.69% and 0.59%, respectively ... |
| | | | ... level of control and flexibility which in-turn empowers and encourages greater level of engagement," Burgess said. "This extra flexibility and control can manifest itself in many ways including investment flexibility, estate planning flexibility and ... |
| | | | ... sufficient funds available to invest in the areas highlighted by Treasury without the need for the Future Fund to "tip in extra." "Further, in the case of residential property, additional capital is unlikely to do much to lift the number of new dwellings ... |
| | | | ... correlated with profitability". Specifically, top performing advice practices ranked 24% more profitable when conducting an extra client meeting per adviser per week. Meanwhile, the report found that participants who use a single software platform were ... |
| | | | The extraordinary performance of mega-cap tech stocks has significantly impacted factor returns, creating both opportunities and challenges for systematic investors, according to a new study from Invesco. Invesco released its ninth annual Global Systematic ... |
| | | | Senator Andrew Bragg has called on Cbus chief executive Kristian Fok to face a Senate inquiry over the recent legal proceedings launched by ASIC against the fund and the CFMEU scandal. "The reason that we're having a Senate inquiry in Canberra into ... |
| | | | E&P Financial Group will delist from the ASX after shareholders narrowly approved the move at the Extraordinary General Meeting (EGM). Some 76.5% of E&P shareholders agreed that the company should delist at the EGM held on November 1. The delisting ... |
| | | | ... informed decisions for specific insurance products, and under the reform, life insurers will be able to achieve that at no extra cost. This would be particularly helpful amid the cost-of-living crisis, it noted. However, under current laws, life insurers ... |
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