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07 June 2022 • By Maja Garaca Djurdjevic • 1 min read

Magellan FUM continues to slide despite CEO appointment

Magellan has reported a substantial decrease in funds under management (FUM), following a slump in global equities. Magellan reported FUM ...

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BlackRock CEO says high inflation could last for years

Inflation is not transitory according to the CEO of the world’s largest asset manager. Larry Fink, the CEO of US$9.6 trillion asset manager ...

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BlackRock identifies key challenges to Australia’s economic and market outlook

Higher inflation and a slowing global economy present a significant challenge. After Australia’s strong fiscal and monetary response saw the ...

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Janus Henderson pencils in 1.5% rate in December

Janus Henderson has pencilled in a cash rate of 1.5 per cent by year end. The investment manager expects rates to climb to 2.75 per cent by end ...

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Rate hikes won’t be as aggressive as expected, says Franklin Templeton

The investment manager believes market rate expectations are too aggressive.  Franklin Templeton Australia has deemed the interest rate ...

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Domestic outlook shaky on persistent inflationary pressures

A more front-loaded hiking path from the RBA in the second half of 2022 is expected to decelerate economic conditions, Morgan Stanley has predicted

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Australian share market suffers loss in May

The materials sector was the only positive performer locally during the month. The S&P/ASX 200 has slipped into the negative for the 2022 ...

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ANZ pencils in 40-bp rate hike next week

ANZ has significantly upgraded its interest rate forecast and is now predicting a hike of 0.40 per cent next week. ANZ is expecting the Reserve ...

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ASX launches new index to track growing agribusiness sector

The index will initially include 25 companies that are involved in the primary production of agricultural products. A new broad-based index has ...

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HESTA says it 'stands ready' to help AGL understand investor expectations

HESTA has welcomed AGL’s plans to scrap its demerger plans and their announced significant board renewal. After publicly airing its disproval of ...

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