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09 May 2024 • By Rhea Nath • 1 min read

Betashares announces new fixed income offering

The fund manager has launched a new ETF, providing exposure to floating rate subordinated bonds issued by the big four banks. Betashares has ...

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HESTA interim CFO takes up permanent role

Natalie Kelly has been appointed to the role permanently. She was appointed to the role on an interim basis in March 2024 following the departure ...

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CBA reports quarterly profit drop as arrears grow

The big four bank has seen its cash profit decline 5 per cent compared to the previous third quarter. Commonwealth Bank has reported a quarterly ...

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Super returns see end of 6-month streak

With sticky inflation plaguing Australian and global markets, super funds have reported their first negative monthly return since October 2023

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JP Morgan Securities Australia rapped for market gatekeeper failure

The firm has been hit with a $775,000 penalty by the corporate regulator. JP Morgan Securities Australia Limited (JPMSAL) has been penalised by the ...

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Winners of Australian Wealth Management Awards revealed

There were 25 winners at the first-ever Australian Wealth Management Awards, held in Sydney tonight. The Australian Wealth Management Awards 2024 ...

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Optimism amid economic risks: Oliver provides outlook for Australia’s future

Shane Oliver has warned of economic challenges ahead at the Australian Wealth Management Summit, citing slowing growth, stubborn inflation, but ...

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Why the Future Fund stands by its total portfolio approach

While not having a strategic asset allocation might be “uncomfortable” for some investors, the Future Fund believes its unique investment approach ...

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Platinum sees FUM decline in April

Platinum Asset Management has shared its April fund flows, having forecast heavy redemptions from institutional clients. Platinum Asset Management ...

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AMP launches new global private debt fund

AMP has launched an alternative debt fund to provide exposure to global private debt. Part of the firm’s Diversified Credit sector, the fund can be ...

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