Equity funds saw outflows of more than $500 million in the first quarter of 2023, the highest proportion since the start of the pandemic.
Any problems with the growth of artificial intelligence could present a greater threat to humanity than climate change, according to Alphinity.
Women’s representation on boards stood at 36 per cent in the ASX 200 and 35.5 per cent in the ASX 300 at the end of February, according to AICD’s latest gender diversity report.
GQG has seen funds under management rise by almost US$4 billion, thanks to net inflows and strong investment performance.
Data from think tank the Australia Institute has found massive disparity among income earners, with the bottom 90 per cent of Australians receiving just 7 per cent of economic growth per person since 2009.
The recent write-off of Credit Suisse’s AT1 capital notes has made the asset class more lucrative for investors, according to Robeco.
Almost half of the Association of Financial Advisers’ board and leadership team have opted to leave as the organisation transitions to the Financial Advice Association of Australia.
Senior economist Diana Mousina has been promoted to the role of deputy chief economist, working alongside Shane Oliver.
SG Hiscock has announced management changes to the abrdn Australian Equity funds following the announcement of a strategic partnership between the two firms.
Vanguard has cut fees on its Australian fixed income ETF as Australian bonds post their highest quarterly return in a decade.
