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Markets

10 June 2024 • By Rhea Nath • 1 min read

Global gold ETFs see end of 12-month losing streak

Holdings rose to 3,088 tonnes by the end of May, buoyed by European and Asian flows. Last month saw physically backed gold ETFs notch their first ...

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Wealth managers navigate revenue pressures amid market shifts

Wealth managers say their revenue sources are currently under “substantial pressure” in the face of slower market growth and a challenging ...

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BlackRock to launch EM ex China ETF on ASX

BlackRock Australia has confirmed its intention to launch the iShares MSCI Emerging Markets ex China ETF (ASX: EMXC), to be made available on the ASX ...

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ECB announces rate cuts but RBA could be long way behind

The European Central Bank’s decision to cut interest rates has not surprised markets, but it proves as a harsh reminder of the sticky inflation and ...

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Markets digest unexpected Indian election results

This week saw a negative knee-jerk market reaction to India’s surprising election results, with movements now expected in equities and government bond ...

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Managers warn of risks in Magnificent Seven concentration

A fund manager has shared its take on picking stocks away from the “astonishing” valuations of the Magnificent Seven that are currently dominating ...

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Canada cuts rates as RBA remains in limbo

Canada has become the first major economy to cut interest rates amid acknowledgment that the RBA is in limbo land troubled by weak activity growth but ...

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Investors snap up Aussie green bond in support of government’s green vision

Launched on Tuesday, the first-ever green bond was more than three times oversubscribed and counts investment manager Pendal among its many takers

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Magellan returns to FUM growth

The fund manager is back in recovery mode after a brief halt in April. Troubled fund manager Magellan Financial Group has reported a blip in funds ...

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Global X ETFs introduces US infrastructure development fund on ASX

The ETF provider is granting Australians access to the strategy followed by the world’s largest US infrastructure development fund. Global X ETFs ...

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