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Showing 1771 - 1780 of 10303 results for "STI"

Economic recap: Week to October 22

BENJAMIN ONG  |  MONDAY, 25 OCT 2021
It wasn't so long ago - before the COVID-19 pandemic struck to be precise - that every other central bank around the planet were hopin' and wishin' and prayin' for consumer price inflation to, at the very least, move higher to within ...

Better Advice Bill gets green light

KARREN VERGARA  |  FRIDAY, 22 OCT 2021
The landmark Better Advice Bill, which introduces a new disciplinary body, passed the senate overnight. Under the Financial Sector Reform (Hayne Royal Commission Response-Better Advice) Bill 2021 (Better Advice Bill), from 1 January 2022, the Financial ...

AMP reports mixed quarter

JAMIE WILLIAMSON  |  THURSDAY, 21 OCT 2021
AMP's wealth management business saw $1.4 billion in outflows last quarter and AMP Capital's assets dropped by $7 billion; however, its North platform swelled by $1.7 billion. Providing a quarterly update to the ASX this morning, AMP said improved ...

Abrdn launches new strategy

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 OCT 2021
The recently rebranded abrdn has launched a new strategy in Australia. The fund manager's Global Risk Mitigation (GRM) Strategy is available to Australian professional and advised investors from today. Abrdn said the strategy aims to help investors ...

What family offices want: Report

ELIZABETH MCARTHUR  |  TUESDAY, 19 OCT 2021
KPMG Australia and The Table Club have produced a new report revealing how much growth family offices expect from investments and what they want from investment managers. The report found that the average wealth of an Australian family office is $1.12 ...

Macquarie leads Aussie managers in global ranking

KARREN VERGARA  |  MONDAY, 18 OCT 2021
Macquarie Group continues to be Australia's largest fund manager with US$424 billion in assets and places it 64th in a global ranking. In this year's top 500 largest global asset managers list compiled by Willis Towers Watson and Thinking Ahead ...

Economic recap: Week to October 15

BENJAMIN ONG  |  MONDAY, 18 OCT 2021
"...participants generally assessed that, provided that the economic recovery remained broadly on track, a gradual tapering process that concluded around the middle of next year would likely be appropriate. Participants noted that if a decision to begin ...

Industry mixed over FSC advice framework

ANNABELLE DICKSON  |  FRIDAY, 15 OCT 2021
The financial advice industry welcomes the Financial Services Council (FSC) recommendations to help reduce red tape and make financial advice more affordable, but one dealer group is unsure whether the FSC is trustworthy - particularly for risk advisers. ...

Global equities ETFs surge

ANNABELLE DICKSON  |  WEDNESDAY, 13 OCT 2021
Australian investors are favouring global equities exchange traded funds (ETFs), with the sector recording nearly 50% growth year on year, research shows. Industry research from Vanguard showed global equities ETFs recorded $4.9 billion in inflows in ...

Maple-Brown Abbott hires for new strategy

ELIZABETH MCARTHUR  |  WEDNESDAY, 13 OCT 2021
Maple-Brown Abbott has appointed a global head of emerging markets as it launches a new strategy investing in the space. The boutique hired John Moorhead to the newly created role. He is based in Sydney and will report to chief executive and managing ...