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30 May 2024 • By Rhea Nath • 1 min read

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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Schroders Australia becomes latest manager to rehaul fixed income team

The firm has announced it will merge its Australian fixed income and Australian multi-asset teams. Schroders Australia has announced it will merge ...

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Active ETFs tipped to take over as market sees significant growth

Active ETFs are poised to dominate the ETF landscape, driven by significant growth and investor demand, according to a CEO. The APAC ETF market, ...

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Principal Asset Management opens EM debt strategy to Australian instos

Open to wholesale and institutional investors in Australia, the strategy looks to capitalise on increased interest in emerging market debt

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AI is fuelling market share gains of ASX-listed advice platforms

The rapid adoption of artificial intelligence (AI) by ASX-listed tech giants like HUB24 and Netwealth is reshaping the financial advisory landscape, ...

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Cromwell sharpens focus on Australia with sale of European platform

The property group has announced the sale of its European funds management platform for $457 million as it looks to Australia and New Zealand for ...

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Australian Ethical to grow FUM above $12bn with new acquisition

The acquisition, when completed, will see Australian Ethical grow its funds under management to circa $12.3 billion. Australian Ethical has entered ...

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