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25 September 2024 • By Jessica Penny • 1 min read

Australian Ethical finalises acquisition of fixed income manager

The completed acquisition will see the ethical investment manager grow by some $2 billion in size. Australian Ethical Investment has announced that ...

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Why this fund manager believes it’s on track to hit $10bn AUM

Global X Australia has reached a new business milestone, but still has its sights set on further growth. Global X has now surpassed $8 billion in ...

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Magellan flagship fund gains new co-manager

Magellan Financial Group has appointed a new co-manager on two of its global equity funds. Alan Pullen, who has worked at the firm since 2012, will ...

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RBA tipped to ignore August’s ‘abnormal’ price data

Monetary policy is expected to look through Wednesday’s abnormal price data, after it came in below 3 per cent. The monthly CPI indicator rose 2.7 ...

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Vanguard apologises, says investors won’t foot $12.9m bill for misleading ESG claims

Vanguard apologised to its clients on Wednesday and assured that they won’t be footing the $12.9 million bill received by the fund manager for ...

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Macquarie Bank slapped with record $5m fine for market gatekeeper lapse

Macquarie Bank has been fined a record $4.995 million for serious market gatekeeper failure. Following an Australian Securities and Investments ...

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Bullock’s steady rates ignite debate among economists and politicians

Michele Bullock revealed that the RBA did not consider a hike at its September meeting, but maintained that there won’t be an interest rate cut in the ...

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Real estate market staring down ‘inflection point’, flags professional

An investment executive suggests that this once-troubled asset class has turned a corner, entering a recovery phase that could prompt investors to ...

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New Aussie manager aims to bring fresh approach to the investment fold

Industry stalwarts have launched a new boutique investment manager with the aim of “breaking away from conventional metrics”. TWC Investment ...

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Aussie companies stockpile cash, sparking shareholder payout fears

Companies are increasingly holding onto their cash, sparking payout fears, a professional has said. New analysis has showcased a “concerning trend” ...

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