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| | | PIMCO has marked its entry to the Australian ETF space with four new active offerings, providing institutional-grade fixed income opportunities to local investors. The PIMCO Global Bond Active ETF (PGBF), PIMCO Diversified Fixed Interest Active ETF ... |
| | | | The Australian Wealth Advisors Group (AWAG) has become a major shareholder in Sequoia Financial Group. AWAG, which is also ASX-listed, has an 18.02% stake in Sequoia across more than 22.37 million securities. According to the 2024 annual report, Unrandom ... |
| | | | Superannuation funds' promotional expenses continue to balloon as new APRA data shows that AustralianSuper has the biggest marketing budget while Hostplus continues to splurge on sponsorship deals. Hostplus splashed a staggering $13.7 million on ... |
| | | | ... withdrawing funds without proper planning," she said. "Making simple information and advice available to more Australians is a big missing piece of the retirement puzzle. The coming financial advice reforms will help make advice more affordable." The ... |
| | | | ... value destruction) are all Mag-7 stocks - eight of which are Nvidia alone," Gleeson said. "The US market has become reliant on big tech to drive returns in the last few years. It's perhaps a little early to call an end to the AI market narrative, but ... |
| | | | ... from internal auditors. The new standards permit internal auditors' involvement, while Australia may see a ban. Three of the Big Four accounting houses - Deloitte, KPMG, and PwC - support a ban, as do the major industry associations. Specialist fund ... |
| | | | Treasurer Jim Chalmers has announced the release of a consultation paper to gather insights and feedback on how to restructure Australia's financial reporting architecture with the aim to make it more efficient, effective, and fit for purpose. Chalmers ... |
| | | | ... been appointed as portfolio manager, arriving from Rest Super, where he managed quantitative research. Rigney will play a big role in research, analysis, and development, reporting to the head of capital markets at the Queensland state government investor. ... |
| | | | ... Morgan Stanley experienced a seven-fold increase in the total value of deals it advised on last year, due to its involvement in big-ticket deals. "Resultantly, its ranking by value took a leap from ninth position to the top position," Bose said. Morgan ... |
| | | | ... beating performance objectives over the period, positioning us well for long term returns. " Australian Ethical noted other big factors influencing markets over the last 12 months were interest rates, particularly in the US where a rotation to lower ... |
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