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17 October 2023 • By Jessica Penny • 1 min read

Investors lean on cash amid market weakness

While a decrease in risk appetite was to be expected, strategists have been surprised at the steadiness of long-term investor demand for Treasuries

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Challenger reports uptick in AUM

Challenger says it can support super funds to help meet their members’ retirement needs. In its first quarter earnings results, Challenger ...

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BlackRock expands Aussie ETF range

Investors can gain exposure to physical gold through the asset manager’s latest addition to its ETF lineup. BlackRock Australia has announced its ...

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New fund to give access to ‘lucrative’ US property market

An international property fund focused on the US residential housing market has been launched for retail and wholesale investors in Australia

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HUB24 reports ‘strong’ FUA growth as inflows recover

The firm has declared a strong start to the financial year in a quarterly market update. HUB24’s total funds under administration (FUA) climbed to ...

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Stable global markets as investors rule out Iranian involvement, says economist

An economist has explained the relatively limited impact of the recent escalation in geopolitical tensions on global markets. The flare-up of the ...

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Magellan ‘well-positioned for success’ despite FUM losses, says chair

Andrew Formica, the recently appointed chairman of Magellan, has written to shareholders ahead of the fund manager’s annual general meeting next month

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US inflation data suggests another rate hike likely

New CPI data from the US released on Thursday has provided further evidence to support the case for an additional interest rate hike by the Federal ...

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Market volatility tugs at Australian ETFs despite robust inflows

Strong inflows failed to offset a decline in asset values during September, resulting in a fall in funds under management for the local ETF industry

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Perpetual turns net outflows into inflows

Outflows have turned to inflows in Perpetual’s asset management business. Perpetual’s assets under management (AUM) held steady over the September ...

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