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09 September 2021 • By Michael Karpathios • 1 min read

ETF sector breaks records again as momentum surges

The Australian ETF sector has broken another significant milestone with a record high market cap of $125.1 billion recorded in August. The ...

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BlackRock raises US$1bn for 1st China mutual fund after Soros’ blast

The world’s largest asset manager has raised 6.7 billion yuan (US$1 billion) for the world’s first foreign-owned China mutual fund, as tycoon George ...

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BetaShares AUM skyrockets as Australians flock to ETFs

BetaShares AUM has exploded beyond $20 billion as a result of the company’s widespread offering and client-centric approach, it said in a statement on ...

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Australian active funds outperform S&P benchmarks

Australian active funds overperformed while international equities slipped. More than half of Australian equity funds beat their S&P benchmark ...

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Australian economy resilient in the face of Chinese sanctions: Treasurer

Treasurer Josh Frydenberg has said Australians should remain confident in the nation’s economic resilience, as the government recently posted a record ...

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Fiducian increases NZ foothold

International fund manager, Fiducian, has expanded its foothold within New Zealand with an announcement on Tuesday that six of its funds will be made ...

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RBA to proceed with tapering despite lockdowns

The RBA has opted to proceed with tapering quantitative easing (QE) programme by reducing its weekly bond purchases from $5 billion to $4 billion a ...

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RBA makes cash rate call as pressure on economy intensifies

The Reserve Bank of Australia has made its latest call on the official cash rate. With the economy bearing the brunt of a new round of lockdowns in ...

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IFM Investors makes ambitious climate pledge

IFM Investors has pledged to achieve net zero by 2050 by among other things restricting investments in any assets that derive material amounts of ...

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Banks’ profitability soars

The banks have had an exceptionally strong financial year 2020-21, with industry profitability surging by over 20 per cent compared to a year earlier

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