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Regulation
08 July 2025 by Maja Garaca Djurdjevic

No rate cut in July, but Bullock says call was about timing rather than direction

In a sharp rebuke to market expectations, the Reserve Bank held the cash rate steady at 3.85 per cent on Tuesday, defying near-unanimous forecasts of ...
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Platforms hold their ground with fund managers amid advice shift

Fund managers are keeping platforms firmly in their ETFs, confident in their growing role reshaping financial advice and ...

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‘Set-and-forget portfolios no longer serve’, says BlackRock as it adopts tactical stance

Immutable economic laws and mega forces are keeping BlackRock overweight US equities, but the fund manager is adopting a ...

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New active ETF provider aims to be ‘new Betashares’ with active ETFs

A specialist active ETF provider believes it has what it takes to become “the new Betashares”. Savana Asset ...

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RBA delivers closely watched decision amid mounting easing signals

The RBA has handed down its much-anticipated rate decision, following widespread expectations of a close call

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DigitalX secures institutional backing as bitcoin strategy gains momentum

DigitalX’s latest strategic placement signals strong institutional endorsement of its cryptocurrency strategy by leaders ...

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Netwealth adds 12 funds

  •  
By Christine St Anne
  •  
4 minute read

Adviser requests drive changes to netwealth's platform.

Financial services firm netwealth has added 12 funds to its platform.

"As part of our quarterly review, a number of new funds have been added where opportunities have been identified by advisers. There is no doubt that our list is driven by their requests," netwealth director of distribution and marketing Matt Heine said.

The funds include the Austock High Yield Fund, Fortis Investments High Income Global Property Securities Fund, Vanguard High Yield Fund, Grant Samuel Epoch Global Equity Shareholder Yield Funds (hedged and unhedged), Magellan Global Fund, Walter Scott Global Equity Fund and Patriot Small Companies Fund.

 
 

Four funds from van Eyk's Blueprint series were also added - the Diversified Income Fund, Gold Bullion Fund, Listed Property and Infrastructure Fund, and Smaller Companies Fund.

Although markets were volatile, opportunities still existed, Heine said.

"We are certainly not immune to the global financial crisis, however, we are pleased with the number of new opportunities that continue to present themselves," he said.

The netwealth group of companies manages $2.5 billion in funds under advice.

The firm received $100 million of net inflows for the six months to the end of December.