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13 July 2022 • By Jon Bragg • 1 min read

Managed equity funds record weakest inflows since start of the pandemic

Inflows were down by half during the second quarter. Net inflows to managed equity funds dropped to $605 million in the second quarter, down from ...

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NAB revises cash rate expectations, bets on 50-bp hike in August

NAB has further front-loaded its rate track and now sees the cash rate target at 2.35 per cent by November. NAB has revised its rate hike forecast ...

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Apex Group to support Foord's expansion into Australia

An increasing number of managers are looking to launch new, onshore fund vehicles in Australia. Apex Group has been appointment by Foord Asset ...

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Investor confidence in local and international capital markets drops to new low

Investor confidence in local and international capital markets is now lower than it was at the depth of the COVID pandemic, a new survey has revealed

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'Perfect storm' for company earnings ahead of reporting season

Earnings are expected to be under significant pressure over the next financial year. As the August reporting season draws near, a range of economic ...

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'Shares may still fall further', expert warns

The big lesson from this past financial year was that inflation was just resting and can raise its ugly head when the circumstances are right, an ...

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ETF Securities launches 2 new bond funds

The firm has expanded its fixed income range with two new ASX-listed ETFs. ETF Securities has announced an expansion to its fixed income product ...

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Economists tip third consecutive 50-bp rate hike

Economists are expecting another 50-bp rate hike in August. The official interest rate is expected to rise to 1.85 per cent in August, with a third ...

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Diverger acquires stake in ‘leading’ financial planning practice

Diverger Wealth Holdings, wholly-owned subsidiary of Diverger Limited, has executed a 35 per cent equity interest in McGregor Wealth Management (MWM)

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Magellan to lose another long-serving employee

Another long-serving employee has announced his departure form Magellan. Frank Casarotti, head of sales and distribution at Magellan, has announced ...

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