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06 June 2024 • By Maja Garaca Djurdjevic • 1 min read

Canada cuts rates as RBA remains in limbo

Canada has become the first major economy to cut interest rates amid acknowledgment that the RBA is in limbo land troubled by weak activity growth but ...

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Investors snap up Aussie green bond in support of government’s green vision

Launched on Tuesday, the first-ever green bond was more than three times oversubscribed and counts investment manager Pendal among its many takers

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Robeco captures pure-play range in new multi-thematic strategy

The asset manager has strengthened its thematic position by providing clients with exposure to a diverse range of global equity strategies

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VanEck announces new hires amid growth ambitions

The fund manager has bolstered its business development and product functions in a series of new appointments. VanEck has added four new hires to ...

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Super Members Council appoints inaugural chair

Ann Sherry AO has joined the Super Members Council (SMC) as chair, commencing 1 July 2024. According to SMC’s interim chair Nicola Roxon, Sherry ...

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Magellan returns to FUM growth

The fund manager is back in recovery mode after a brief halt in April. Troubled fund manager Magellan Financial Group has reported a blip in funds ...

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Sluggish GDP growth raises concerns

Outside of the pandemic years, GDP in the March quarter delivered the slowest rate of annual growth in three decades. Australian gross domestic ...

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RBA prepared to hike if inflation remains sticky

The RBA governor says the bank is prepared to lift rates again if inflation proves stickier than expected. The Reserve Bank’s Plan A is to remain ...

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Global X ETFs introduces US infrastructure development fund on ASX

The ETF provider is granting Australians access to the strategy followed by the world’s largest US infrastructure development fund. Global X ETFs ...

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Federal Court finds Active Super misled investors on ESG credentials

ASIC commenced civil penalty proceedings against the $13.5 billion fund last year over allegations it misrepresented to the market that it was an ...

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