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Markets

08 November 2023 • By Charbel Kadib • 1 min read

Equities tame, bond yields slip as latest rate hike sinks in

The Australian equities and bonds market has stuttered following the Reserve Bank’s 13th hike to the official cash rate in 18 months, which may not be ...

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Magellan embarks on ‘long path back to recovery’

According to executive chairman Andrew Formica, Magellan “has the foundations upon which to rebuild” despite recent challenges. At Magellan’s ...

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VanEck adds currency hedged versions of popular ETFs

The move has been made in response to significant demand from investors and advisers, according to the ETF provider. VanEck has announced the ...

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Global organisations agree on responsible investing definitions

By promoting the “consistent and precise” use of terminology in responsible investment, the three organisations aim to help to reduce greenwashing and ...

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Active funds show ‘superiority’ in certain categories: Morningstar

The research house has identified a number of categories in which active funds have performed better than their passive counterparts. Active global ...

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RBA makes Melbourne Cup Day rate call

The central bank has announced its much anticipated monetary policy decision following its November board meeting. The Reserve Bank of Australia ...

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Inflation gauge throws Melbourne Cup Day curve ball

The latest inflation indicator has pointed to a marked decline in cost pressures ahead of the Reserve Bank’s widely anticipated hike to the cash rate

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US equities rally as job market cools

Evidence of a deterioration in labour market conditions has buoyed US share markets as expectations of an end to the Fed’s hiking cycle gather ...

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Magellan’s FUM slips yet again

In a monthly update, Magellan has reported that its funds under management has fallen below $35 billion. Magellan Financial Group’s funds under ...

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Westpac posts 26% jump in full-year net profit

While flagging some challenges and uncertainties in the economic outlook, the big four bank believes that it is in a “strong position” to grow

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