Weekly economic and market update – week ending 23 February, 2024

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Investment markets and key developments Global shares surged in the past week to new record highs in the US, Europe and Japan, helped in particular by enthusiasm for Artificial Intelligence... Read more continue reading

La Trobe Financial assessed “Superior” by leading independent research house

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La Trobe Financial, Australia’s leading alternative asset manager, is pleased to confirm that its “Superior” operational capability has been affirmed by the highly-regarded Foresight Analytics. La Trobe Financial’s Chief Investment... Read more continue reading

Transforming Equity Trustees delivers strong earnings uplift

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Underpinned by good organic growth Funds under management, administration and supervision at $183.5 billion, up 18% on the prior corresponding period (PCP). Revenue at $83.9 million, up 37% on PCP,... Read more continue reading

Agtuary and Findex forge partnership to deliver carbon accounting and advisory to agribusiness clients

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Agtuary, a leader in Agribusiness Land Analysis and Environment services, and Findex, one of Australasia’s largest privately-owned providers of integrated financial advisory and accounting services, proudly announce a strategic partnership... Read more continue reading

SMSF members cautioned not to act propitiously re $3m cap

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Self-managed super funds (SMSFs) should avoid knee-jerk reactions to the Government’s proposed tax on earnings on super balances exceeding $3 million, Heffron Consulting Managing Director Meg Heffron told the 2024... Read more continue reading

Contribution cap changes: what this means for SMSF members

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The Federal Government yesterday announced the increases in the standard concessional and non-concessional contributions caps. SMSF Association CEO, Peter Burgess said, “These changes were expected and alongside the stage three... Read more continue reading

Inaugural Franklin Templeton Institute Global Investment Management survey uncovers predictions on interest rates, inflation, equity market growth and more

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The inaugural Franklin Templeton Institute Global Investment Management Survey reports that the U.S. Federal Reserve will deliver four interest rate cuts this year, in line with the four cuts predicted... Read more continue reading

Assets under custody in Australia rise by 2% in Dec half

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Data released yesterday by the Australian Custodial Services Association (ACSA), the peak industry body for custodians and asset service providers in Australia, revealed a 1.9% rise in assets under custody... Read more continue reading

MFS Investment Management bolsters Australian institutional sales team

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MFS Investment Management has announced the appointment of Negin Khamsi as Relationship Director, Institutional Sales for Australia. Negin brings 15 years of industry experience in investment management client relations and... Read more continue reading

SMSF Association urges collective effort against early access risks

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The SMSF Association is urging a collaborative approach involving Government, the ATO, ASIC and the industry to reduce the risk of illegal early access revealed yesterday’s in the ATO’s presentation... Read more continue reading