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| | | ... invested with Macquarie. "The fact that they had this underlying investment into this complex Shield Master Fund has come as news to them. The documents that they saw, many had the Macquarie brand on them," she said. "So, we are very concerned about ... |
| | | | ... year. After seven years with First Sentier Investors, Mark Steinberg has announced he plans to step down. Confirming the news, a First Sentier spokesperson said: "To ensure a seamless transition, a comprehensive search for his successor has commenced." ... |
| | | | Daily financial news can better predict stock market volatility and deliver more accurate signals about risk than backward-looking macroeconomic data, a new study suggests. University of Auckland finance lecturer Justin J. Case and Queensland University ... |
| | | | ... the Section 899 protective measure from consideration in the One, Big, Beautiful Bill." Treasurer Jim Chalmers welcomed the news after confirming he had a "productive" conversation with his US counterpart yesterday. "This development on Section 899 is ... |
| | | | ... deflation continues. "The substantial easing in annual trimmed mean inflation in the May monthly CPI report is reassuring news after the slight uptick in the previous month," Bassanese said. "The low trimmed mean result keeps the door open for a potential ... |
| | | | ... shifts from active managed funds to ETFs, total fees paid across the financial industry will likely decline, which is bad news for high-cost fund managers, but a win for investors. This trend underscores Australian investors' fee sensitivity and their ... |
| | | | ... closed, crypto gold tokens-digital assets backed by physical bullion-were the only instruments available to trade on the news. Leading tokens PAXG and XAUT jumped as much as 1.57% before paring gains, with trading volumes surging more than 180%, according ... |
| | | | ... good for growth, it's not good for inflation, and it's not good for company earnings," he said. But, he said, the news in May was toward less rather than more tariffs. "The big one there was the negotiation of a 90-day pause with China," he said. ... |
| | | | ... mortgage stress since the cash rate accelerated in May 2022. "But it's a step in the right direction and it's great news for homeowners. It's two down and maybe two more to go this year," he said. "On an average home loan, if your bank passes ... |
| | | | ... former policymaker says it is equally important to remain active and not lean in on cash. Amid the volatility and frenetic news headlines, Karen Ward, the chief market strategist for EMEA at J.P. Morgan Asset Management, is urging clients to stay the ... |
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