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31 August 2023 • By Jon Bragg • 1 min read

Sequoia posts lower revenue and profit following ‘year of transition’

FY23 tested the resilience of the financial services industry, according to Sequoia. Sequoia Financial Group has reported a 10.7 per cent decrease ...

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Future Fund highlights concerns about Goldilocks scenario amid global slowdown

The sovereign wealth fund says recessions remain a risk in developed economies. The Future Fund has downplayed the possibility of a so-called ...

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Inflation drops below 5% ahead of Lowe’s final rate decision

The ABS has released its monthly consumer price index indicator. Inflation eased to 4.9 per cent in the 12 months to July, according to the latest ...

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Russell Investments adds to sustainable managed portfolio range

Three new options have been introduced by the global investment solutions firm amid growing demand among advisers and their clients. Russell ...

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Praemium announces record earnings for Australian business

The firm says it has a solid foundation on which to further expand its market share. In its full-year results released to the ASX on Tuesday, ...

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Mixed results dominate as reporting season nears conclusion

As the corporate reporting season wraps up, companies have presented a mixed bag of financial results, reflecting the ongoing economic uncertainty ...

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Private debt to weather the storm of market uncertainty

An investment manager has highlighted the emergence of private debt as a robust shelter against volatile global economies. A recent paper from ...

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ANZ appeals ACCC block on Suncorp acquisition

ANZ has filed an appeal against the ACCC’s decision to block its intended acquisition of Suncorp. Earlier this month, the Australian Competition ...

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Australian Ethical signals record FUM growth, positive outlook

Australian Ethical has experienced record growth in funds under administration. In its full-year financial statement for the year ending 30 June, ...

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Bravura reveals significant net loss, announces bold steps to rebuild trust

Bravura is focused on rebuilding trust with all stakeholders. Bravura has had a tough year which has driven the requirement and urgency for change ...

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