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09 March 2023 • By • 1 min read

Sequoia to offload 80% of Morrison Securities clearing business

The divestment comes on the back of the company reporting a “disappointing” half-year result last month. Sequoia Financial Group has announced that ...

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RBA governor to meet with Lifeline and Suicide Prevention Australia

After delivering its 10th consecutive interest rate increase this week, the Reserve Bank has been urged to consider the human impact of its decisions

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ESG engagement should occur within investment teams

Asset managers should not be outsourcing engagement on ESG investment to the ESG team, a fund manager argued. Ahead of the InvestorDaily ESG Summit ...

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Fed chair signals higher and faster rate hikes are on the horizon

The central bank still has a “long way to go” in bringing inflation back to target. Federal Reserve chair Jerome Powell has signalled that higher ...

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Spotting greenwashing needs all hands on deck

Recognising greenwashing is a team sport that requires many parties to ensure that there is disclosure and clarity, a global asset manager said

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Greater diversity in investment teams leads to better outcomes

WTW has released the findings of a new report on diversity in asset management. A new report from WTW has highlighted the significant impact that ...

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Challenger launches quarter-billion-dollar capital raise

The ASX-listed investment management firm is set to issue a new tranche of capital notes to fund subscription of additional Tier 1 capital

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RBA delivers latest rate decision

The RBA has announced its March rate decision.  The Reserve Bank of Australia (RBA) announced a 25 basis point increase on Tuesday, lifting ...

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Expert warns super tax tweak may lead to future tax changes

An expert has suggested that the government could be testing the waters for further tax tweaks with its latest superannuation tax changes

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Magellan suffers $800m of outflows, another fall in FUM

The fund manager has experienced yet another month of declines. Magellan Financial Group has declared that it had $45.4 billion in funds under ...

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