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Showing 391 - 400 of 4043 results for "Inflation"

SSGA launches new gold fund

ELIZA BAVIN  |  THURSDAY, 11 JUL 2024
... and fixed income assets." SSGA Asia Pacific gold strategist Robin Tsui said gold may also help investors hedge against inflation. "The price of gold is determined by a complex matrix of global macroeconomic and fundamental factors including central bank ...

Australian ETF industry blazes past $200bn

ANDREW MCKEAN  |  WEDNESDAY, 10 JUL 2024
The Australian ETF industry has rocketed past $200 billion in assets under management, with a prominent fund manager forecasting it could grow to $500 billion by 2030. ETF market capitalisation jumped by 15.7% in the first half of 2024 to $205.3 billion. ...

Inflation pummels adviser pay by 20%

KARREN VERGARA  |  WEDNESDAY, 10 JUL 2024
Financial advisers' remuneration has failed to beat inflation for more than 20 years, going backwards by 20%, according to a recruiter. An analysis by Recruit 2 Advice found that since 2000, advisers' salaries increased 1.9% annually or 2.8% averaged ...

MLC MySuper option returns 9.8%

ANDREW MCKEAN  |  FRIDAY, 5 JUL 2024
... annum, respectively. MLC Asset Management head of diversified portfolios Steve Gamerov said the return is well above the inflation rate for the year, indicating growth in the real value of balances for members fully invested in the fund. Gamerov said ...

Cbus MySuper investment option returns 8.35%

ANDREW MCKEAN  |  FRIDAY, 5 JUL 2024
... the 2023/24 financial year was driven by strength in Australian and overseas share markets, particularly US shares, as inflation eased, and global growth remained solid. Strong returns from our global credit investments and infrastructure assets have ...

AustralianSuper reports 'solid return', lags rivals

ANDREW MCKEAN  |  THURSDAY, 4 JUL 2024
... consumer spending in Australia and overseas, which helped to drive up company earnings," Delaney said. He added that easing inflation boosted investor confidence, which also lifted markets. Notwithstanding Delaney's comments that the fund's investment ...

Colonial First State reports strong super returns

ANDREW MCKEAN  |  THURSDAY, 4 JUL 2024
... this has allowed us to deliver another year of solid returns for members. "Looking ahead, we continue to believe that inflation data will be volatile, keeping interest rates higher for longer and creating continued headwinds for some sectors such as ...

RBA minutes confirm potential August rate hike

ELIZA BAVIN  |  WEDNESDAY, 3 JUL 2024
... confirmed it did consider the possibility of a hike. The minutes also confirmed the RBA is vigilant to the upside risks for inflation, but the evidence was not yet sufficient that inflation won't return to the target range of 2% to 3% within a reasonable ...

Rest's MySuper option returns 8.67% in FY24

ANDREW MCKEAN  |  WEDNESDAY, 3 JUL 2024
... were a continuation of the fund's strong long-term performance, notwithstanding global markets grappling with stubborn inflation. "As we neared the end of last calendar year, Rest believed there was a significant risk that markets were declaring a premature ...

Australian Retirement Trust delivers 11.3% in FY24

KARREN VERGARA  |  MONDAY, 1 JUL 2024
... over the last two years have been "surprisingly resilient given the inflationary environment." "We think of equities as inflation hedging assets. The average company should be able to pass through higher inflation to revenues. But what tends to happen ...