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Showing 21 - 30 of 2559 results for "Push"

RBA anticipated to delay interest rate cuts

ANDREW MCKEAN  |  TUESDAY, 6 FEB 2024
... rat cuts may be a distant prospect," he said. T. Rowe Price portfolio manager Scott Solomon similarly expects the RBA to push back on the idea that the rate cutting cycle is just around the corner. "Central bankers are much happier to surprise markets ...

Pinnacle affiliates push FUM to $100bn

KARREN VERGARA  |  FRIDAY, 2 FEB 2024
Pinnacle Investment Management's funds under management grew 9% to $100.1 billion, buoyed by a strong market rally and overseas investor inflows. The $8.2 billion FUM increase in the first half of financial year 2024 comprised net inflows of $4.5 ...

Inflation falls to 4.1%, RBA weighs rate cut

ANDREW MCKEAN  |  THURSDAY, 1 FEB 2024
Annual inflation in December 2023 was 4.1%, down from 5.4% the previous quarter, but still above the Reserve Bank of Australia's (RBA) 2-3% target band. This marks the fourth consecutive quarter of declining annual inflation, down from a peak of 7.8% ...

Netwealth records $78bn FUA, flags departure

JAMIE WILLIAMSON  |  MONDAY, 29 JAN 2024
... were $700 million. Managed accounts also saw net inflows of $600 million, and positive market movement of $700 million to push them towards $15.5 billion. In terms of business operations, among a range of previously announced enhancements and partnerships ...

Adviser registration deadline moves to February 16

KARREN VERGARA  |  FRIDAY, 19 JAN 2024
ASIC has again pushed back the financial adviser registration deadline in fear that many relevant providers will not make the February 1 cut off. The 4036 advisers who as of January 18 have outstanding registrations, according to ASIC, now have until ...

Macquarie Wrap rolls out new features for advisers

ANDREW MCKEAN  |  TUESDAY, 9 JAN 2024
... security by developing Macquarie Authenticator, the sole multi-factor authentication method for access to Adviser Online, using push notifications to provide real-time verification for logins and transactions. Noting that the ACCC reported Australians ...

Global X accelerates push to leapfrog local rivals

ANDREW MCKEAN  |  WEDNESDAY, 6 DEC 2023
Global X is intensifying efforts to challenge local ETF managers, targeting an ambitious growth in assets under management (AUM) by the end of 2024. The ETF manager, having reached $6 billion AUM in 2023, is now pursuing a goal of $10 billion by 2025 ...

Payday super timing, deliberate: Chalmers

CASSANDRA BALDINI  |  TUESDAY, 5 DEC 2023
Treasurer Jim Chalmers has responded to criticism of the government's plans around the introduction of payday superannuation, saying holding off until 2026 is deliberate and will give employers plenty of time to get it right. Unpaid superannuation ...

ASIC forced to pay James Mawhinney's legal costs

JAMIE WILLIAMSON  |  TUESDAY, 28 NOV 2023
ASIC has been ordered to pay the costs Mayfair 101 managing director James Mawhinney incurred during the regulator's failed attempt at bringing an expanded case against him. The order follows the Federal Court of Australia's decision last month to reject ...

Super funds increasing offshore investment, currency hedging lessens: NAB

ANDREW MCKEAN  |  MONDAY, 27 NOV 2023
... and expected, though not necessarily surprising. There's a distinct large firm-small firm split in terms of driving the push for increased internationalisation." The 2023 report also revealed that while funds are continuing to increase offshore holdings ...