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20 October 2023 • By Jon Bragg • 1 min read

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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How Australia’s ETF industry grew from $100k to over $150bn

Betashares has reflected on the “impressive growth” of the local ETF industry. Since the launch of Australia’s first ETFs more than two decades ...

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‘Instrumental’ Insignia CEO to step down

Renato Mota is exiting the firm after 20 years, including five as its CEO. Australian financial services firm Insignia Financial has announced that ...

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Jobs print sends mixed signal, clouds rate outlook

Conflicting signals from the latest labour market data have cast an added layer of uncertainty over the Reserve Bank’s next monetary policy move

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Oil, gold prices rally as geopolitical tensions mount

An escalation in tensions in the Middle East has rekindled energy supply fears and heightened global economic uncertainty, spurring a surge in both ...

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Australian Ethical FUM steady as positive flows continue

In spite of “challenging market conditions”, the ethical investment manager has reported positive net flows for the September quarter

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Unemployment rate falls again

The Australian Bureau of Statistics has released its latest labour force data. The unemployment rate fell by 0.1 percentage point to 3.6 per cent ...

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Bond yields rise, equities dip as US economy signals strength

Stronger-than-anticipated retail sales growth in the United States has shifted interest rate expectations yet again, prompting markets to reassess the ...

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Bullock ‘surprised’ by property rebound, flags inflation risk

The Reserve Bank governor has warned that the resurgent residential property market could slow progress to the inflation target. Michele Bullock, ...

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AMP posts mixed results in quarterly update

Net cashflows in AMP’s platforms business have fallen by more than $300 million, while AMP Bank’s total loan book and total deposits have grown

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