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02 May 2024 • By Rhea Nath • 1 min read

Powell delivers ‘fairly dovish surprise’ amid Fed rate hold

The Fed has tempered concerns of a rate hike despite stickier-than-expected inflation in the US, with markets now guessing when this “high for longer” ...

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AFM to bring ‘unprecedented’ Euro energy transition market growth Down Under

AFM Investment Partners has teamed up with German renewable infrastructure specialist KGAL to establish a local Australian feeder fund, enabling ...

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Iress upgrades earnings guidance following OneVue sale

Iress has upgraded its adjusted EBITDA by $5 million for the 2023–24 financial year in light of the sale of its platform business to Praemium

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Insignia reports $8.3bn FUA lift in 3Q24

Insignia Financial unveiled its results for the third quarter of the 2023–24 financial year. Insignia’s funds under administration (FUA) hit $223.4 ...

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Insignia looks to asset manager for board hire

Former Russell Investments head of APAC, Jodie Hampshire, has joined the board of Insignia Financial. Hampshire is expected to join the board from ...

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NAB announces profit dip alongside $1.5bn on-market buy-back

The big four bank has announced a considerable drop in its first-half cash profit alongside a $1.5 billion increase in the on-market share buy-back ...

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Aware Super names new head of product and insurance

David Evans has been named head of product and insurance at Aware Super. His responsibilities will include leading the fund’s product and insurance ...

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ASIC puts portfolio managers on notice amid increased greenwashing scrutiny

Portfolio managers have been put on notice by ASIC, as the regulator expands its focus on the governance around sustainable investing in an effort to ...

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China tensions threaten ‘economic destruction’ amid Trump re-election uncertainty, experts say

An investment executive has cited increasing tensions between China and the West as a significant geopolitical risk coming to the fore, particularly ...

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Less government intervention is key to economic prosperity, says shadow treasurer

The shadow treasurer believes less government intervention is key to economic prosperity. Angus Taylor believes it’s Labor fault that inflation is ...

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