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| | | The deputy chief investment officer of Cbus has left the super fund eight months after being appointed to the post. Alexandra Campbell, has resigned from her role after a total of four years with the fund, Cbus confirmed to Financial Standard. Campbell ... |
| | | | ... financial product or service" without approval from an FCA-authorised person may be committing a criminal offence. In Australia, ASIC has advised influencers that when discussing financial products and services online or promoting affiliate links, they ... |
| | | | Sophia Rahmani officially took over as managing director of Magellan Asset Management as of today. As announced in February, Rahmani will step into the role of chief executive in 12 months' time. As managing director, Rahmani oversees all aspects ... |
| | | | ... Interestingly, Ferguson's departure comes as Cbus advertises for a new head of portfolio construction. According to the post, the job calls for expertise in portfolio construction and strategy and a deep understanding of investment risk and performance ... |
| | | | ... return. The hedged returns were slightly lower due to the Federal Reserve raising rates higher than the Reserve Bank of Australia in 2023. Global small caps (unhedged) achieved a 15.62%, followed by Australian equities at 12.13%, and emerging market ... |
| | | | Financial advisers, licensees, and superannuation trustees are facing the ire of ASIC after an investigation found they are profiting from boiler room tactics that convince members to switch funds. An overwhelming number of members are goaded into leaving ... |
| | | | ... inflation and interest rates. "Markets have priced in this economic resilience and expectations of several rate cuts in Australia and the US before year end. But as we have been saying for some time, inflation remains sticky and while it remains above ... |
| | | | South Australia leads in economic performance across all Australian states and territories, according to the CommSec State of the States quarterly report. CommSec said South Australia was "the most consistent performer," securing the top spot in half ... |
| | | | ... expected retirement age for both men and women are unchanged, which suggests a fundamental shift in labour market dynamics post-COVID. KPMG urban economist Terry Rawnsley said the adoption of working from home has made many older Australians in professional ... |
| | | | One year since post-acquisition, Regal Partners has shuttered East Point Asset Management (EPAM) following a period of "challenging performance" and the exit of a seed investor. Regal acquired the Hong Kong-based alternative fund manager last year. ... |
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