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27 July 2023 • By Jessica Penny • 1 min read

Insignia achieves FY23 positive inflow target

The firm has provided its quarterly update for the three months ending 30 June 2023. Insignia Financial’s funds under management and administration ...

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Regal and GQG seek to acquire Pacific Current Group

GQG Partners has announced its intention to submit a bid for the multi-boutique asset management firm, just a day after Regal Partners confirmed its ...

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Perpetual reports higher AUM in spite of ‘disappointing’ mandate losses

The group has benefited from positive market movements and strong investment performance. Perpetual has reported that its assets under management ...

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Fed signals more hikes may still be necessary as rates hit 22-year high

The US Federal Reserve has delivered its 11th rate hike since May last year. As widely anticipated, the Federal Open Market Committee (FOMC) raised ...

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NGS Super ‘ahead of schedule’ on decarbonisation pledge

The industry super fund is on track to decarbonise its portfolio by 2030. NGS Super has revealed that it is making “faster than expected” progress ...

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Macquarie suffers blow from ‘weak trading conditions’

Following a successful FY23 result, Macquarie’s operating groups have underperformed in net profit contributions this past quarter. Macquarie Group ...

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Looming tailwinds could shake up soft landing relief

While a robust start to the year has many strategists agreeing that the risk of a recession is reduced, an investment manager warns that the market ...

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IMF lifts global growth forecasts, but says risks remain ‘tilted to the downside’

The International Monetary Fund has updated its World Economic Outlook. Global growth is expected to slow to 3.0 per cent in 2023, according to the ...

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‘Great opportunity’ for investors in current economic environment: Fidelity

Fidelity’s portfolio managers have identified opportunities in a number of sectors. Pockets of opportunity are still available in certain sectors ...

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Magellan welcomes industry veteran to board

The fund manager’s latest appointment adds three decades of experience to its leadership team. Magellan Financial Group has announced that Andrew ...

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