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05 June 2024 • By Laura Dew • 1 min read

Fund manager hit with DDO stop order

ASIC has made an interim stop order preventing the firm from issuing or distributing interests in an income fund to retail clients after concerns over ...

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GDP growth misses forecasts

The Australian economy expanded at a slower pace than expected in the first quarter of 2024. Australian gross domestic product (GDP) rose 0.1 per ...

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‘Not betting heavily on 1 outcome’: Manager says diversification is key

While still favouring certain asset classes, an investment manager is building portfolios with the perspective that all potential outcomes remain ...

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Australia sees $7bn flow to inaugural green bonds

The debut of Treasury’s green bond was met with a warm reception from fixed income investors, receiving over $22 billion in bids. The Australian ...

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Regal Partners to acquire hard asset investment specialist

The acquisition will increase Regal’s total group FUM by 24 per cent to $15.1 billion and “significantly expand” its scale and capabilities in private ...

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Tribeca, GSFM see end of 16-year partnership

The decision is amicable, they said, and follows Tribeca’s decision to internalise its distribution efforts. GSFM and Tribeca Investment Partners ...

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ASX revokes trading status of Fidelity fund

The investment manager has announced changes to the Fidelity Global Demographics Fund. Fidelity has confirmed there will be changes in the trading ...

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Outsourced trading gains prominence amid market volatility

While outsourced trading emerged as a defensive play for resource-conscious funds, the number one benefit reported by 1 in 2 current users is improved ...

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Rio Tinto faces potential class action after recent sexual harassment report

The firm could face a class action brought by employees and contractors who may have been subjected to sexual discrimination or sexual harassment at ...

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Inflation continues growth trajectory in April

The ABS has released its monthly consumer price index indicator. The consumer price index (CPI) rose 3.6 per cent in the 12 months to April 2024, ...

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