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Showing 1721 - 1730 of 16290 results for "Product"

RBA issues warning over inflationary spending

ELIZA BAVIN  |  WEDNESDAY, 19 JUN 2024
The Reserve Bank of Australia (RBA) kept the official cash rate on hold at 4.35% in June but would not rule out another hike in the future. The RBA board noted that inflation had fallen substantially since its peak in 2022 but said recent federal and ...

Australia's competitiveness climbs world rankings

ELIZA BAVIN  |  TUESDAY, 18 JUN 2024
Stronger business and government investment, population growth and budget positions have seen Australia record its best international competitiveness ranking since 2011. The nation rose from 19th to 13th in the IMD World Competitiveness Yearbook 2024 ...

Betashares captures most net flows in managed funds industry

ANDREW MCKEAN  |  TUESDAY, 18 JUN 2024
... interest products, four were low-cost indexed market cap weighted equity products, and one was an international equities product. The Vanguard International Shares Index Fund recorded the highest negative net flows, haemorrhaging $2.8 billion over the ...

TAL appoints new chief executive

ELIZA BAVIN  |  TUESDAY, 18 JUN 2024
TAL has appointed Fiona Macgregor as its new group chief executive and managing director, effective 1 October 2024. The appointment follows the promotion of TAL's current chief executive Brett Clark to the role of chief executive and managing director ...

ASIC appeals judge's call to not penalise Block Earner

JAMIE WILLIAMSON  |  TUESDAY, 18 JUN 2024
... company of any liability to pay a fine. Judge Jackman said the company acted honestly and not carelessly in offering the product, and that Block Earner was not "careless or imprudent, let alone guilty of carelessness or imprudence of such a degree as ...

First Bitcoin ETF to launch this week on ASX

ANDREW MCKEAN  |  MONDAY, 17 JUN 2024
... Asia Pacific Arian Neiron said the firm is pleased to bring Bitcoin to the Australian market as a regulated financial product on the ASX. "Notwithstanding that crypto investing is a polarising topic, we recognise Bitcoin is an emerging asset class that ...

Temasek invests $300m in Betashares

KARREN VERGARA  |  MONDAY, 17 JUN 2024
The Singapore government's Temasek Holdings will become part owner of Betashares, injecting $300 million into the exchange-traded fund (ETF) provider. The $38 billion Betashares said it entered into a binding agreement with Temasek in a bid to accelerate ...

Advisers call for apology from Super Members Council

JAMIE WILLIAMSON  |  FRIDAY, 14 JUN 2024
The Financial Advice Association Australia and members say the super lobby group should formally apologise for its recent remarks about "dodgy financial advisers." Earlier this week, the Super Members Council (SMC) renewed calls for anti-hawking legislation ...

Apex, ACA partner to broaden client services

ANDREW MCKEAN  |  FRIDAY, 14 JUN 2024
... additional governance, risk, and compliance capabilities to our customers in the UK and Americas," Apex Group global head of product, compliance solutions Jude Hilton said. A statement from Apex Group said that the partnership will benefit global private ...

Morningstar hires fixed income lead from PATRIZIA

ELIZABETH FRY  |  FRIDAY, 14 JUN 2024
Morningstar has hired a new executive to replace Tim Wong who departed for Genium Investment Partners in April. Thomas Dutka joined this week as director of manager research and asset class leader for fixed income, multi-assets, and alternatives. The ...