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| | | ... The Vanguard S&P 500 alone pulled in US$20.9 billion in net new assets for the month, surpassing the combined total of the next three ETFs by net new assets: the SPDR Bloomberg Barclays 1-3 Month T-Bill ETF (US$6 billion), Huatai-Pinebridge CSI 300 ETF ... |
| | | | The Reserve Bank of Australia (RBA) is expected to cut interest rates when it meets next week by 25 basis points, bringing the official cash rate down to 3.85%. However, Commonwealth Bank (CBA) head of Australian economics Gareth Aird said he is not ... |
| | | | ... three-year horizon is seen as "a more reasonable and achievable objective from a multi-manager perspective." What unfolds next, he said, is that many strategies have long investment time horizons, raising the question of whether they align with internal ... |
| | | | ... state insurer undergoes reviews of its investment strategy and operational performance. Iverson, who will replace Paul Dyer next month, has led ACC's dynamic asset allocation programme for the past four years. His appointment signals continuity at ... |
| | | | Industry veteran David Atkin will step down as chief executive of the Principles for Responsible Investment next year, giving the UN-backed body for institutional investors ample time to find his replacement. Atkin, who joined the PRI in 2021, replaced ... |
| | | | ... will oversee the Fidelity Australian High Conviction Fund, including the ASX-listed vehicle and associated mandates, from next month. She has had around 25 years of experience in Australian equities, joining Fidelity in 2017 as an investment analyst ... |
| | | | ... issuers, bleeding $285.6 million - far ahead of Franklin Templeton (-$80.5 million) and Platinum (-$75.2 million), which had the next largest outflows. Total industry inflows for the month were just shy of a record set in January at $4.46 billion. Betashares ... |
| | | | ... higher administrative costs than the revenue it will generate." AMP's Alexis George also welcomed Mulino, saying: "Over the next decade, more than 2.5 million Australians are expected to transition into retirement. That number is set to rise to nearly ... |
| | | | ... world, with Hong Kong (7.6%), Japan (4.9%), Germany (4.4%) South Korea (4.3%), Vietnam (4%) and India (3.5%) making up its next-biggest export destinations. Several news outlets report that China's exports overall jumped 8.1% in April year on year ... |
| | | | Bill Gates says he will give away all his wealth over the next two decades and close the Gates Foundation permanently in 2045. It's a big change for the foundation which, when established in 2000, was done so with the charter that it would continue ... |
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