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Showing 1811 - 1820 of 12383 results for "May"

First Sentier clients walk away with $13bn

KARREN VERGARA  |  MONDAY, 5 JUN 2023
... example, cash is an asset class that sees volatility of flows based on interest rates - a higher interest rate environment may see clients seeking to take advantage of higher yields." One fund that took a massive hit, the First Sentier Wholesale Imputation ...

Economists divided over cash rate decision

ANDREW MCKEAN  |  MONDAY, 5 JUN 2023
... RBA's 2-3% target. "We see the mostly likely outcome of the June meeting as a pause." After the RBA surprised the market in May lifting the cash rate by 25 basis points, HSBC chief economist Paul Bloxham concurs that a hike is unlikely, but equally can't ...

Vanguard fined for defective account statements

KARREN VERGARA  |  MONDAY, 5 JUN 2023
... rules. A firm's duty of supervision includes the responsibility to reasonably investigate red flags that suggest misconduct may be occurring."

ASIC issues first-of-its-kind stop order

CASSANDRA BALDINI  |  MONDAY, 5 JUN 2023
... "ASIC made the interim order to protect retail investors from acquiring CFDs or margin FX from Mitrade, where those products may not be suitable for their financial objectives, situation or needs," it said. The order does not prevent Mitrade's existing ...

Australia-UK FTA a boon for local business

KARREN VERGARA  |  FRIDAY, 2 JUN 2023
... businesses are poised to reap from the Australia's free trade agreement (FTA) with the United Kingdom which came into effect on May 31. Some 99% of Australian products will enter the UK duty free thanks to the deal that was signed on 17 December 2021. ...

Wage increases to offset more rate hikes: Experts

CASSANDRA BALDINI  |  FRIDAY, 2 JUN 2023
... Bloxham agreed with Oliver's point. "The decision presents upside risk to the outlook for wages growth, which, in turn, may slow the pace of the decline in inflation," he said. "It makes it less likely that the RBA will be cutting its cash rate any ...

The Australian small-cap conundrum: VanEck

CASSANDRA BALDINI  |  FRIDAY, 2 JUN 2023
... compared to the global index, is one of the smallest sectors. "This means that exposure to an Australian small-cap strategy may not be a sound investment approach. Australian small caps have almost double the exposure to non-profitable companies, compared ...

Family offices look to infrastructure for alpha

KARREN VERGARA  |  FRIDAY, 2 JUN 2023
... valuations had not declined by at least those numbers by the end of 2022," BlackRock said. "Challenges in the venture ecosystem may keep family offices away over the near term, but there is little evidence to suggest such a shift will be permanent." ...

Spaceship told to cease super, funds distribution

JAMIE WILLIAMSON  |  FRIDAY, 2 JUN 2023
... a super fund has been penalised with stop orders under the Design and Distribution Obligations. The orders were served on May 31, barring Spaceship Capital and its issuer Diversa from distributing or providing financial product advice to retail clients ...

TPB grilled over handling of PwC scandal

JAMIE WILLIAMSON  |  THURSDAY, 1 JUN 2023
... thinks about the fact that two members of your board were potentially going to lose money if you took a decision... which may well have been something that should have been considered in relation to the code of conduct." "This is not something that should ...