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12 January 2023 • By Jessica Penny • 1 min read

Prime Super makes key changes to board

The super fund has announced the appointment of two non-executive board directors, effective 1 January 2023. Gemma Dooley and Bev Durston have ...

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Pendal posts FUM fillip as Perpetual deal closes

Multibillion-dollar FUM growth has been recorded across the ASX-listed investment manager's global portfolio over the last quarter of its operation as ...

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Australian ETF industry shrinks by $3.2bn

The industry’s positive net flows were not enough to combat declining asset values. The funds under management (FUM) of Australia’s ETF industry ...

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Over half of SMEs expect Australia will enter a recession

A new survey has gauged the views of Aussie small and medium enterprises (SMEs). More than half (52 per cent) of Australian SMEs expect that the ...

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Are investors underestimating the risk of inflation getting ‘stuck’?

Aviva has looked at the role inflation will play for investors in 2023. After dominating the investment landscape in 2022, inflation is now ...

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Macquarie subsidiary progresses US$2.2bn acquisition

Macquarie Asset Management, PGGM Infrastructure Fund and Australian Retirement Trust (ART) are supporting Macquarie AirFinance’s US$2

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K2 appoints new investment manager

K2 Asset Management (K2) has announced a partnership with GAM International Management (GAM) to take on the role of investment manager of the K2 ...

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ACCC tapped to investigate deposit rates

The Commonwealth Treasurer has tasked the consumer watchdog with reviewing deposit rate settings across the banking sector. Treasurer Jim Chalmers ...

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Supreme Court approves Pendal takeover

Perpetual’s acquisition of the global investment management business is set to be finalised, with the deal securing court approval.  The Supreme ...

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World Bank downgrades global outlook

The international body is bracing for a second global recession in less than a decade amid elevated inflation, higher interest rates, and geopolitical ...

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