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18 July 2024 • By Maja Garaca Djurdjevic • 1 min read

‘Roundaphobia’ to drive ASX 200 to new record, says economist

A psychological impact called roundaphobia is projected to attract more investors to the ASX 200, pushing it to a new record high of 8,100 this year

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Which Aussie bank is the largest fossil fuel lender?

Australia’s big four banks have added upwards of $61 billion into fossil fuels since the global agreement to limit climate change was adopted in Paris ...

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SSGA adds High Growth option to ETF model portfolios

State Street Global Advisors (SSGA) has launched a High Growth investment offering for advisers seeking to service younger investors. SSGA said the ...

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Praemium hit with massive net outflows in Q4

The firm has reported net outflows of $414 million in the final quarter of the financial year, while funds under administration hit a record high

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Private credit remains opaque as it enters ‘new era of growth’

New analysis suggests the asset class is expanding rapidly, well beyond its traditional focus on direct lending to middle-market companies

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Net flows to emerging markets return to levels not seen since 2018

Net flows to emerging markets excluding China have returned to levels not seen since 2018, according to an IMF report. Despite global monetary ...

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Equity Trustees to adopt ‘Aussie-first’ AI compliance capabilities

The ASX-listed financial services firm is implementing an artificial intelligence (AI) platform following a recent investment into the technology

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Economy still ‘a heartbeat away from recession’

The Australian economy remains “a heartbeat away from a recession”, according to new analysis. Citing meagre growth of the Australian economy in ...

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Morningstar flags opportunities in ‘overvalued’ banking sector

The research house sees value in Australia’s non-major bank players and has pinpointed opportunities in two of the big four banks. Major bank share ...

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HUB24 platform FUA up 35% in Q4

The firm now has $104.7 billion in total funds under administration, while its net inflows were just shy of $5 billion for the quarter. In an ...

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