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Commonwealth Bank finally relents on interest rate call

ELIZA BAVIN  |  THURSDAY, 31 OCT 2024
... economics Gareth Aird was one of the last experts predicting a rate cut before Christmas, but yesterday's data forced the top economist to finally relent. "As a result of [the CPI] data we see the RBA on hold at both the November and December board meetings," ...

EQT wins RE mandates for FIIG Securities, Nanuk AM

MATTHEW WAI  |  WEDNESDAY, 30 OCT 2024
... across the globe. "Investors can gain access to FIIG's investment management experience and our established process. On top of that, they benefit from the in-depth research conducted by FIIG's own credit research team," FIIG Securities chief ...

Australia a top destination for international investment: QIC

ELIZA BAVIN  |  MONDAY, 28 OCT 2024
QIC chief economist Matthew Peter has revealed that Australian ranks 6 th as a top destination for international investment on a global scale. QIC collated and analysed data to reveal the attractiveness of countries around the globe as investment destinations. ...

MLC AM awards listed property mandate

KARREN VERGARA  |  FRIDAY, 25 OCT 2024
... USD$13.1 billion in global real estate assets, already had a mandate in the MultiActive strategy. MLC said Cohen & Steers is a "top tier-listed real estate manager and have generated meaningful and consistent value add for MLC MultiActive portfolios ...

ClearView announces executive changes

MATTHEW WAI  |  FRIDAY, 25 OCT 2024
... business strategy and our priorities are clear, and our technology and business transformation, and regulatory matters, remain top priorities for us," Gooderick said. "In executing on our strategy and simplifying our business it makes sense to consolidate ...

Medium-sized advice firms flourish: Research

KARREN VERGARA  |  THURSDAY, 24 OCT 2024
... number of new advisers. In terms of most-popular platforms, FirstChoice, BT Panorama, and IOOF are the most widely used. The top three platforms are used by almost one third of all advisers.

Shifting retirement intentions require super rule change: ASFA

MATTHEW WAI  |  TUESDAY, 22 OCT 2024
... superannuation need to change to reflect this. Currently, Australians who've hit preservation age can't draw down on their super, and top up the same account," she said. "Being forced to have two or more accounts - one account to take money from and ...

Australian equities rise, but global markets preferred: Morningstar

ANDREW MCKEAN  |  MONDAY, 21 OCT 2024
... its previously depressed regional indexes, with the CSI 300 and Hang Seng each gaining over 15%. "These markets represent top performers in 2024 following the sharp recovery in September," Morningstar said. Meanwhile, in the US, the Nasdaq and S&P 500 ...

CBA's conviction on December rate cut has 'dipped'

ELIZA BAVIN  |  FRIDAY, 18 OCT 2024
... everything is fine when it's not," he said. "Australia's made really quite considerable progress when it comes to getting on top of the inflation challenge in our economy, less than half what we inherited on the monthly gauge and that's a good thing. ...

JANA awarded mandate for $2bn construction leave scheme

MATTHEW WAI  |  THURSDAY, 17 OCT 2024
... members' funds are managed with the highest level of oversight and strategic insight," Tassone said. "JANA's ability to combine top-tier investment advice with a deep understanding of liability management gives us confidence that we can deliver sustainable ...