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| | | Hostplus has announced it is introducing three new investment options for members from October 1. The super fund said the new options are Indexed Growth, Indexed Conservative Balanced and Indexed Capital Stable. Indexed Growth will target 2.5% above ... |
| | | | The ASX earned record revenue of $1.03 billion in the 2024 financial year despite a volatile period for equity markets and lower capital raising. Total revenue grew 2.4% from the prior corresponding period, largely driven by the exchange's markets ... |
| | | | State Street Corporation now offers Shariah-compliant global custody and fund administration services. The announcement follows the company attaining a Shariah-compliant certificate from Amanie Advisors, a Shariah advisory firm. The Islamic finance ... |
| | | | On Wednesday, the Reserve Bank of New Zealand (RBNZ) trimmed its interest rate by 25 basis points to 5.25% after holding a decades-high rate of 5.50% since May 2023. The central bank pointed to inflation converging to its target range as the core reason ... |
| | | | Australians' pay packets grew by 0.7% in the June quarter, the latest Australian Bureau of Statistics (ABS) shows, down 0.9% from the prior quarter. Annually, the rate of growth for wages in the private sector was 4.1%, down from three consecutive ... |
| | | | A new report commissioned by the Council of Australian Life Insurers (CALI) revealed that Australians are experiencing higher living costs and increasing mental health issues, making reliable financial safety nets more important. The inaugural State ... |
| | | | ESSSuper has launched a new option designed to help members boost their savings in retirement. The new Balanced Growth Managed option aims to help members increase their super balance for retirement by delivering stable returns via diversification. ... |
| | | | J.P. Morgan Asset Management (JPMAM) today announced the listing of JPMorgan Global Equity Premium Income Complex ETF (JEGA) to its equity premium income suite, which houses other strategies of JEPI and JPEQ. The new ETF, which seeks to generate 7-9% ... |
| | | | There are four key themes that will drive investment outcomes over the next generation, says La Trobe Financial's Michael Watson. Speaking at the Advisers Big Day Out (ABDO) regional roadshow in Terrigal this morning, Watson outlined the four themes ... |
| | | | After Perpetual reported worse than expected outflows yesterday, Morningstar has lowered its fair value estimate for the 138-year-old wealth giant. However, it says things aren't all bad. In a quarterly update yesterday, Perpetual disclosed $8.9 ... |
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