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24 March 2023 • By Charbel Kadib • 1 min read

IMF calls for greater transparency among central banks

Growing distrust in the world’s independent central banks amid “turbulence” across the global financial system should be addressed with increased ...

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Fed’s ‘dovish hike’ lends to RBA pause

The marked shift in the US Federal Reserve’s monetary policy stance has increased the likelihood of a pause from the Reserve Bank of Australia next ...

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Super balances hit by $247bn decline

Australians’ super balances fell significantly last year as asset prices declined. Superannuation balances lost 6.7 per cent or $246.8 billion of ...

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State Street announces acquisition of outsourced trading firm

According to the financial services firm, the acquisition of CF Global Trading will add scale and expertise to its outsourced trading services

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Institutional investors ‘stepping up’ on biodiversity, survey finds

Robeco has released the results of its annual global climate survey involving 300 of the largest institutional and wholesale investors in the world

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MLC makes key investment team changes

Two internal appointments have revamped the asset managers’ capital markets leadership.  MLC Asset Management has announced the appointment of ...

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Fed hikes but tone shift stokes pessimism, confusion

The Federal Reserve considered a pause ahead of its latest monetary policy meeting in lieu of ongoing volatility in the banking system.  The US ...

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‘Troubling’ Credit Suisse takeover to undermine competition

The UBS acquisition of Credit Suisse is likely to cause “significant competitive issues”, according to a wealth industry analyst. Swiss regulators ...

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ASIC demands ‘meaningful improvements’ from super funds on insurance outcomes

ASIC has urged super funds to make meaningful improvements to their life insurance arrangements in order to deliver better outcomes for members

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Maple-Brown Abbott introduces global emerging markets fund

The investment manager’s new actively managed fund invests in a range of listed companies across global emerging and frontier markets

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