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What you read in 2022

CASSANDRA BALDINI  |  FRIDAY, 16 DEC 2022
... members. This growth was driven in large part by the seven mergers he oversaw in that time, creating the fund that it is today. 8. Australian Retirement Trust announces next merger partner In March, Australian Retirement Trust (ART), announced its next ...

AustralianSuper announces leadership shakeup

CHLOE WALKER  |  THURSDAY, 15 DEC 2022
... after an extensive review of the investments leadership team to ensure we have the right structure in place not just for today but to deliver for members in the long-term," AustralianSuper chief investment officer Mark Delaney said. "As we grow, we will ...

Vanguard veteran announces retirement

CASSANDRA BALDINI  |  THURSDAY, 15 DEC 2022
... investment giant said he was instrumental in building its retail business, including its financial adviser services unit that today services some 12,000 Australian advisers. Outside of his Vanguard tenure, Bowerman served on the board of the SMSF Association ...

Increased scrutiny on private credit

CHLOE WALKER  |  WEDNESDAY, 14 DEC 2022
... lender friendly period. Then for the most of last year, it was more of a borrower-friendly environment," Schardt said. "Today we're back to more of a lender's environment." According to Schardt, its important to navigate these shifts in terms of private ...

ETF sentiment continues to grow: BetaShares

CASSANDRA BALDINI  |  WEDNESDAY, 14 DEC 2022
... exceed $20 billion next year, while industry funds under management is on track to hit $150 billion, up from $130 billion today."

Cboe Australia, XTB launch retail corporate bonds

CASSANDRA BALDINI  |  TUESDAY, 13 DEC 2022
... exchange-traded corporate bond products (XTBs) to its Cboe Funds platform. The new range of XBTs commenced trading on Cboe Australia today and will provide retail investors with access to corporate bonds from Aurizon Bank of Queensland (BOQ), Coles ...

2023 the year for fixed income: Schroders

CHLOE WALKER  |  THURSDAY, 8 DEC 2022
... income has been labelled "boring" at very low yields, to now "terrifying" for a lot of retail investors," Wood said. "But today, the real risk of recession sets fixed income up to being an outstanding asset class next year in terms of performance. "We've ...

RBA bumps up cash rate

ANDREW MCKEAN  |  WEDNESDAY, 7 DEC 2022
... economist George Tharenou said: "Overall, given some recently softer data, we think the RBA could have been a bit more dovish today, but they simply weren't." "Specifically, the RBA reiterated what we assess to be 'soft forward guidance', especially ...

Global X launches uranium ETF

CHLOE WALKER  |  WEDNESDAY, 7 DEC 2022
... X Uranium ETF (ATOM) will give Aussie investors exposure to the fast-growing uranium and nuclear power sector. Launched today by Global X ETFs, the fund tracks the Solactive Global Uranium and Nuclear Components Returns Index to provide access to a broad ...

VanEck launches gold bullion ETF

ANDREW MCKEAN  |  WEDNESDAY, 7 DEC 2022
... bullion across ETFs and active funds." "VanEck launched the US's first gold equity fund in 1968, and that fund is still around today. Our gold miners ETF (GDX), since its launch in 2006, is one of the most actively traded ETFs in the world. He added ...