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29 May 2023 • By Charbel Kadib • 1 min read

ASX bounces back as White House, Republicans strike debt ceiling deal

An ‘in-principle’ agreement has been struck between the White House and Republican leaders, renewing confidence in the equities market

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Will the Reserve Bank tip Australia into a recession?

The RBA is at risk of “overdoing it” and potentially triggering a recession in Australia if it keeps its foot on the accelerator, according to one ...

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AMP appoints new CFO, announces ‘simplified structure’

AMP has confirmed its decision to dissolve its wealth management business. In a statement on Monday, AMP announced that its Australian wealth ...

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Surprise spending dip locks in rate pause: CBA

A sharper-than-expected fall in retail spending is “just what the Reserve Bank wants to see” ahead of its next monetary policy board meeting, ...

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New analytics firm to shine a spotlight on funds management fees

The new firm aims to provide super funds and other institutional investors in Australia with greater insights into the fees charged by investment ...

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Latitude says profit to sink in wake of cyber attack

After suffering a cyber attack in March, Latitude has provided guidance on its half-year and full-year profit, indicating it is unlikely to declare an ...

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ASX offloads Yieldbroker stake

The market operator has confirmed a proposed transaction with a US-based trading platform. ASX has entered into a binding agreement to sell 100 per ...

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Is the death of the 60/40 portfolio overstated?

Super funds and asset managers have mixed views on the 60/40 portfolio. While the 60/40 portfolio has recently been abandoned by asset managers ...

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‘Keep an open mind when investing globally’, says fund manager 

Investors must look beyond the sectors they are used to when investing globally, according to a fund manager. Josh Snyder, global investment ...

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JPMorgan expands active ETF range

Three new listings have made their debut on the Australian Securities Exchange. JPMorgan Asset Management on Thursday announced the launch of three ...

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