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04 February 2025 • By Jessica Penny • 1 min read

Why this manager predicts gold could soar to US$3k this year

Global X believes the yellow metal could soar as high as US$3,000 this year, with market flows leading the charge. Global X’s physical gold ...

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Westpac nabs from CBA for next business, wealth leader

The bank has named the financial services professional who will lead its business and wealth division. Westpac has appointed Paul Fowler to the ...

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Barrenjoey establishes Hong Kong office to bolster Asian presence

Australian financial services firm Barrenjoey has opened a Hong Kong-based office after the acquisition of an Asian business, marking its second ...

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Magellan faces turbulent period following Stack’s departure, analyst predicts

The departure of Gerald Stack from Magellan is predicted to set off another period of heavy redemptions at the already embattled asset manager

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Populist measure allegedly tied to super tax bill as government pushes for crossbench backing

According to an association boss, the government is trying to force crossbench support for its super tax bill. The government is said to be heavily ...

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Australia braces for fallout from Trump’s trade war

With markets having largely dismissed Trump’s tariff threats, the implementation of these has forced a sharp market recalibration, including in ...

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Investors watch closely as bitcoin careens towards US$90k

Bitcoin has been tangled up in a broad risk-off sentiment following Trump’s latest announcement on tariffs, with analysts watching its performance ...

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Sustainable funds rebrand amid greenwashing scrutiny

Morningstar findings reveal that over 250 sustainable products globally rebranded or dropped key ESG terms in 2024, driven by concerns over regulatory ...

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Brighter Super announces double-digit returns

Brighter Super’s Index Balanced pension option delivered 16.76 per cent in calendar year 2024, while its Stable pension option returned 8.02 per ...

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ASIC commences investigation on ASX’s ‘unprecedented’ CHESS incident

The regulator is now investigating the CHESS Batch Settlement incident that occurred late last year. In a market update on Monday, ASX confirmed it ...

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