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| | | Magellan has confirmed "a number of roles" will be impacted after it outsourced its global equities strategy earlier this week. The Magellan Global Fund - Open Class Units - Active ETF (ASX: MGOC) and the Magellan Global Fund Hedged investment strategy ... |
| | | | ... income and cash management where investors are seeking alternatives to traditional savings products amid shifting interest rate conditions. Managed by First Sentier's short-term investments and global credit team, the strategy focuses on high-quality ... |
| | | | The Reserve Bank of Australia (RBA) hiked interest rates by 0.25% at the May meeting, bringing the official cash rate to 4.35%. This hike has now fully reversed the 75bps of cuts delivered last year and the cash rate is now in-line with its peak during ... |
| | | | ... recent macro volatility. "The security price is currently impacted by the Middle East conflict, foreign exchange and interest rate movements and increasing illiquidity due to IFM's holding - all factors which are unrelated to the fundamental value of ... |
| | | | ... was also running at 6% in 2022, whereas currently it is closer to 3%. Wage inflation has also slowed to 3.4%, the slowest rate of growth since 2021. Fed rates were closer to negative three years ago compared to the mid-threes they are in now. It is not ... |
| | | | ... (0.8%). Meanwhile, the DisabilityCare Australia Fund set a benchmark return of the Australian three-month bank bill swap rate +0.3%, calculated on a rolling 12-month basis, Future Fund said. In all, total funds under management (FUM) have grown to $337.2 ... |
| | | | ... Corporate Bond Active ETF (ASX: 31BB) will provide investors with exposure to a diversified portfolio of high yielding, fixed-rate, Australian dollar denominated investment grade corporate bonds, maturing in the 12 months leading up to May 2031. Additionally ... |
| | | | ... low-income worker who saves around $165 per month and qualifies for the Saver's Match of around $1000 per year could, at a 6% rate of return, end up with around $465,000 by the age of 65, with nearly $155,000 attributable to the Saver's Match. "Hardworking ... |
| | | | ... will avoid a recession, J.P. Morgan Asset Management predicts. The asset manager downgraded Australia's annualised growth rate from 2% tipped at the start of the year before the breakout of the Israel-US attack on Iran to now just 1.5%. J.P. Morgan Asset ... |
| | | | ... the data reinforces market expectations that the Reserve Bank of Australia (RBA) will continue lifting the official cash rate. "While business and market sentiment remain fragile amid geopolitical uncertainty, persistently high oil prices and a tight ... |
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