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24 October 2023 • By Jessica Penny • 1 min read

Brett Jollie joins investment consultant

The former abrdn Australia chief executive has moved into a new senior role. Investment and wealth management consulting firm KONU has announced ...

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US financial sector flags commercial real estate risks

The commercial real estate sector has been named among four risks to US financial stability in the Federal Reserve’s latest biannual update

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World’s largest asset managers suffer US$18tn AUM drop

Australian managers fared better than many of their global counterparts last year. The world’s 500 largest asset managers had US$113.7 trillion in ...

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‘Systemic’ gender inequality is severely impairing economy, report finds

The Women’s Economic Equality Taskforce has made seven major recommendations to the government, including a number of immediate and long-term actions

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Equities slip as rate hike risks loom

Equity prices have taken a hit amid growing uncertainty over the outlook for the global economy and renewed fears of additional interest rate hikes

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ASFA highlights ‘unorthodox approach’ of $3m super tax

The Association of Superannuation Funds of Australia has released its submission in response to draft legislation for the proposed $3 million super ...

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Super funds finding it hard to avoid greenwashing

Executives from major super funds have identified a number of challenges related to sustainable finance disclosures at a regulator-hosted roundtable

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Sovereign wealth fund reveals $60bn portfolio adaptation in 2022–23

The sovereign wealth fund made over $60 billion worth of changes across its portfolio during the 2022–23 financial year to position for higher ...

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Sticky inflation to delay rate relief: CBA

The major bank has revised its outlook for monetary policy as inflationary pressures prove resilient. The Commonwealth Bank updated its forecasts ...

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Why active fund managers ‘live or die’ by their performance

Stockspot CEO Chris Brycki has discussed the decline in the asset value of active ETFs, including those offered by troubled fund manager Magellan

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