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07 April 2022 • By Jon Bragg • 1 min read

Westpac predicts 5 interest rate hikes in 2022 alone

A total of five rate hikes are expected to take place this year, according to the big four bank.  Westpac has revised its outlook for interest ...

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YFYS regulation could lead to greater caution and lower returns: J.P. Morgan

J.P. Morgan Asset Management has gauged the views of super fund CIOs. New research has revealed that super funds may adopt more conservative ...

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Big 4 bank ordered to pay $1.5m for mis-selling credit insurance

Westpac has been ordered to pay $1.5 million for mis-selling consumer credit insurance. The Federal Court has ordered Westpac to pay a $1.5 million ...

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ECP Asset Management appoints to new principal role

The firm said it is moving to expand its footprint into the Australian market. ECP Asset Management has announced the appointment of Amy Teh to the ...

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GQG reports US$3.4bn inflow for the March quarter

GQG Partners has reported strong net inflows despite an extremely challenging macro environment. GQG Partners experienced net inflows of US$3.4 ...

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Inflationary chaos looms if central banks remain sluggish

Central banks across the world are at a moment of reckoning, faced with the reality of soaring energy costs and supply disruptions, which are leading ...

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HSBC appoints two new executives

The firm has named new heads for its global banking and markets business in Australia. HSBC has announced the appointment of Nick Wheeler as head ...

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Magellan reports slight lift in FUM

Magellan has reported a slight increase in funds under management, sending its shares to their highest level since late February. Magellan’s share ...

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New chair appointed to Foreign Investment Review Board

Bruce Miller has been named as chair following the passing of David Irvine last week.  The government has announced the appointment of Bruce Miller ...

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ASIC extends CFD product intervention order

The corporate regulator said that aggregate net losses by retail clients fell by 91 per cent after the order came into effect last year

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