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Showing 311 - 320 of 3941 results for "Trend"

Australian ETF market hits $206bn: Global X

MATTHEW WAI  |  MONDAY, 2 SEP 2024
The Australian exchanged-traded fund (ETF) sector will likely hit $1 trillion by 2030, accelerating at a faster rate than the US today. According to Global X's Australia ETF Landscape report, the ETF market grew 37.3% over the past year to $206.2 ...

Cairns resurfaces at Associate Global Partners

KARREN VERGARA  |  WEDNESDAY, 28 AUG 2024
... delivering its largest net inflow since December 2021 in Q4 FY2024," AGP managing director Marty Switzer said. "The positive trend and recent inflows are primarily attributed to the launch of the Vinva Fund, highlighting the group's strong relationships ...

SSGA takes 5% stake in Raiz

KARREN VERGARA  |  MONDAY, 26 AUG 2024
State Street Global Advisors (SSGA) has taken a 5% stake in micro-investment platform Raiz as the latter uses funds to expand its market share and jump on the artificial intelligence bandwagon. SSGA will acquire its 4.8% interest worth $1.97 million ...

How many advisers will Australia have in 2044?

KARREN VERGARA  |  TUESDAY, 13 AUG 2024
... advisers by 2044. "The projection scenarios are somewhat arbitrary. But they serve a purpose; they reinforce that the current trend of advice industry exits is so baked-in that it is naïve to expect a significant recovery in financial adviser numbers ...

Vanguard, Betashares, iShares neck and neck in battle for inflows

ANDREW MCKEAN  |  MONDAY, 12 AUG 2024
... $215.6 billion, driven by record net flows of $3.5 billion in July. Betashares attributed the flows to the long running trend of investors using the new financial year as an opportunity to add to their portfolios. Notably, the local ETF industry has ...

CareSuper returns 8.54% for default members

MATTHEW WAI  |  FRIDAY, 9 AUG 2024
CareSuper's MySuper option returned 8.54% for FY24, receiving a boost from its investment in global shares. CareSuper reported positive returns in most categories except for its direct property option, which has been negative for two consecutive ...

Pandemic-era savings to dry up: CBA

ELIZA BAVIN  |  FRIDAY, 9 AUG 2024
... evidenced by a positive savings rate on average over time. As such, total household savings are almost always on an upward trend," CBA head of Australian economics Gareth Aird said. However, Aird said Australians have been drawing down on their savings ...

TelstraSuper fields influx of merger offers

JAMIE WILLIAMSON  |  FRIDAY, 9 AUG 2024
After announcing in May that it is looking to merge, TelstraSuper has received "a high level of interest" from its peers. In an update on the merger process, TelstraSuper said its board is currently considering information provided by a range of superannuation ...

Macquarie AM splurges on data centre

KARREN VERGARA  |  WEDNESDAY, 7 AUG 2024
Macquarie Asset Management (MAM) will splurge US$530 million on a Korean data centre company. MAM via its Macquarie Korea Infrastructure Fund (MKIF) agreed to acquire the Hanam Data Centre, a data centre with a total capacity of 40 megawatts and a target ...

Pinnacle FUM soars 20%, introduces new boutique

KARREN VERGARA  |  FRIDAY, 2 AUG 2024
... tax. The retail channel saw record fund flows of $3.9 billion, while the international segment had $7 billion. Bucking the trend, institutional flows from Australia cost Pinnacle $0.9 billion. Retail FUM stood at $28.8 billion at the end of the period ...