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Showing 1 - 10 of 633 results for "HSBC"

Copia seals distribution partnership

KARREN VERGARA  |  WEDNESDAY, 28 FEB 2024
Copia Investment Partners has won a partnership with HSBC Asset Management to distribute a strategy to retail investors. Copia will make the HSBC Global Infrastructure Equity Fund available to retail investors after it was launched to the institutional ...

HSBC wins $23bn in admin, custody mandates

JAMIE WILLIAMSON  |  FRIDAY, 23 FEB 2024
HSBC's local custody business may be turning its fortunes around, growing its assets under custody and administration by close to 40% with two fresh mandate wins. According to the latest Australian Custodial Services Association (ACSA) statistics, HSBC ...

RBA anticipated to delay interest rate cuts

ANDREW MCKEAN  |  TUESDAY, 6 FEB 2024
HSBC chief economist Paul Bloxham says that despite widespread market enthusiasm for imminent central bank interest rate cuts, the Reserve Bank of Australia (RBA) is likely to hold off on such cuts for the foreseeable future. Bloxham said that the RBA ...

Inflation falls to 4.1%, RBA weighs rate cut

ANDREW MCKEAN  |  THURSDAY, 1 FEB 2024
... purchases by owner-occupiers (1.5%), domestic holiday travel and accommodation (3.9%), and medical and hospital services (1.2%). HSBC Australia and New Zealand chief economist Paul Bloxham said yesterday's data is a sign that the economy is heading in ...

Interest rates drive adviser conversations in 2024

KARREN VERGARA  |  THURSDAY, 25 JAN 2024
... Australia (RBA) will drop the base rate by 0.75% from September in the hope inflation returns to an acceptable 2-3% target range. HSBC, however, doesn't foresee a rate cut until 2025. Younger advised clients with mortgages are bearing the brunt of ...

MSC Trustees acquires Certane Corporate Trust

KARREN VERGARA  |  FRIDAY, 19 JAN 2024
... retreating following the exit of the Australian banks to return to core business. "Global depository/custodial businesses such as HSBC, J.P. Morgan and Citi Group have also retreated, preferring larger funds in excess of AUD $5 billion or sometimes as ...

SimCorp names new country manager for Australia

ANDREW MCKEAN  |  TUESDAY, 16 JAN 2024
... brings over 25 years of experience in the financial services industry. He was most recently head of securities services for HSBC in Australia and New Zealand. His past roles also include head of custody and fund services at Citi as well as executive ...

Experts expect the RBA to hold: Finder

CHLOE WALKER  |  MONDAY, 15 JAN 2024
... come down by at least 50 basis points over the second half of 2024, as inflation heads towards the target range." Elsewhere, HSBC chief economist Australia, NZ & Global Commodities Paul Bloxham said that the RBA will likely be on hold through 2024, with ...

Young investors fall prey to bad social media advice

KARREN VERGARA  |  WEDNESDAY, 13 DEC 2023
... use generative AI for financial advice and guidance, compared to Gen X (7%) and Baby Boomers (2%). Conversely, a study by HSBC released in September found that Australian investors look to social media less frequently for investment information. This ...

Interest rates on hold as RBA pauses

CHLOE WALKER  |  WEDNESDAY, 6 DEC 2023
... contrasts with the general tone from the RBNZ last week and could fuel further downside in the AUDNZD cross." Elsewhere, HSBC chief economist Australia and New Zealand Paul Bloxham said the key for the RBA's next meeting, scheduled for 6 February 2024 ...
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