Westpac has added $1.5bn in net inflows for the 1H of the year on its BT Panorama platform while still looking for a buyer.
ETF Securities has won the race to list Australia’s first cryptocurrency ETF, ending a long drawn out battle among ETF providers.
Alternative investments are gaining popularity, mainly due to their low correlation to more traditional assets such as stocks and bonds.
The financial services market has been more active than ever in 2022, with the shortage of workers and significant growth leading to a flurry of activity in role and job changes.
The VIX Volatility Index or Fear Index hit a 52-week high of 38.94 last week after $65bn was wiped off the Australian share market.
The classic way of thinking has been to ditch bond funds as interest rates rise. Why? Because as rates rise, bond prices have an inverse relationship, and drop in value as newer bonds with higher yields become more attractive. Sounds about right?
This week’s Australian inflation shock of 5.1 per cent (annual rate) has all but confirmed what we’ve been fearing; the cost of living has gone up and that means the RBA will be backed into a corner and forced to raise the cash rate.
Move over Salesforce; Australian wealthtech provider Practifi has announced its plans to expand further into the Australian market following extensive investment into its data-driven wealth management platform.
“We all think we know China, but you won’t think of China the same way after this presentation” explained James Dunn, host of The Inside Network’s Equities and Growth Assets Symposium held in April. He was introducing Lewis Prescott, international CEO of Mingshi Investment Management, a multi-billion-dollar quantitative equity manager that recently launched in Australia….
In 2021 the “Your Future Your Super” (YFYS) performance test was introduced to gauge whether default super funds, which collected billions in guaranteed contributions, were up-to-scratch in terms of their investment performance. Speaking at the SMSF Association’s National Conference 2022, Philip La Greca, executive manager of SMSF Technical & Strategic Solutions at Super Concepts, who…
