Powered by MOMENTUM MEDIA
investor daily logo

Markets

12 July 2023 • By Maja Garaca Djurdjevic • 1 min read

NAB CEO says ‘no plans’ for return to financial advice

The CEO of NAB has said that the bank is staying out of advice. Asked about the Quality of Advice Review’s (QAR) recommendation to allow banks back ...

READ MORE
icon

Global equity market volatility tipped to continue

American Century has shared its global market outlook for the third quarter, which the US-based asset management firm expects will be characterised by ...

READ MORE
icon

Managed funds suffer record level of outflows

Billions of dollars flowed out of managed funds during the second quarter of the year, according to new data from Calastone. Calastone’s latest ...

READ MORE
icon

Investors see select equity opportunities amid economic tightening

As economic conditions tighten throughout the second half of 2023, the implications of higher interest rates will start to emerge with equity ...

READ MORE
icon

Why 1 in 6 asset managers may vanish in 5 years

The asset and wealth management industry is currently facing a set of “existential challenges”, according to a report by PwC. A new global survey ...

READ MORE
icon

2 more rate hikes predicted as RBA grapples with ‘delicate balance’

Franklin Templeton has released its latest assessment of global central bank policy, including the challenges being faced by the Reserve Bank of ...

READ MORE
icon

CBA invests in global climate specialist, confirms strategic alliance 

The big four bank has joined Wollemi’s capital raising as a major strategic investor to foster collaboration in the carbon market services sector

READ MORE
icon

GQG’s FUM climbs above US$100bn

The global investment boutique recorded more than US$6 billion of net flows during the first half of the year. ASX-listed global investment ...

READ MORE
icon

BlackRock extends cost reductions on popular iShares ETFs

An ETF provider has announced further fee cuts. In a statement on Friday, BlackRock said it has lowered the fees on two iShares ETFs, from 0.2 per ...

READ MORE
icon

Credit crunch could spur gold rally

Gold prices could be set to soar if mounting expectations of a deeper global recession materialise. Over the first half of 2023, gold prices ...

READ MORE