Biggest lift in consumer confidence in 22 weeks

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Consumer confidence; CBA card spending; Overseas arrivals & departures What happened? The weekly ANZ-Roy Morgan consumer confidence rating rose by 3.1 per cent – the most in 22 weeks –... Read more continue reading
15 Sep 2021

Caution urged on 20% threshold proposal for auditor referral fees

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The SMSF Association is urging caution on introducing a 20% threshold for auditor referral fees as outlined in the Accounting Professional & Ethical Standards Board’s draft amendments to the APES 110 Code... Read more continue reading
14 Sep 2021

Luxury vehicle sales lift; Petrol hits 20-month high.

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CommSec Luxury Vehicle index; Oil market update What happened? The CommSec index of luxury new vehicle sales rose to a 3-month high in August (and second highest in 33 months)... Read more continue reading
14 Sep 2021

Weekly economic and market update – week ending 10 September, 2021

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Investment markets and key developments over the past week Global shares were mixed over the last week. US and European shares fell on concerns about the growth outlook and central... Read more continue reading
13 Sep 2021

Vanguard Australia announces new Managing Director

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Vanguard Australia has announced that Mr Daniel Shrimski will become its new Managing Director. The current Managing Director, Mr Frank Kolimago, who has led the Australian business since 2018, will... Read more continue reading
13 Sep 2021

Vaughan Nelson wins AU125m Global SMID equity mandate with IOOF

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Global asset manager, Natixis Investment Managers, has announced that its affiliate, Vaughan Nelson Investment Management (Vaughan Nelson), a Houston-based equity manager has been awarded an AU125m Global Small and Mid-Cap... Read more continue reading
10 Sep 2021

Federated Hermes launches Climate Change High Yield Credit Strategy seeded by AP1

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The international business of Federated Hermes has added to its ‘impact’ product offering with the launch of the Federated Hermes Climate Change High Yield Credit Strategy. Seeded by and designed... Read more continue reading
10 Sep 2021

Equity Trustees appointed RE to Haven Wealth Partners

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Equity Trustees has been appointed as a responsible entity for Haven Wealth Partners, which has launched its first fund in the Australian market with a focus on ‘deep green’, ethical... Read more continue reading
10 Sep 2021

Pinnacle Investment Management acquires Winston Capital Partners

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Pinnacle Investment Management Group (Pinnacle) is pleased to announce the acquisition of Winston Capital Partners Pty Ltd (Winston). Winston is a leading third-party marketing and distribution firm with a strong... Read more continue reading
10 Sep 2021

State Street to acquire Brown Brothers Harriman Investor Services

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State Street Corporation and Brown Brothers Harriman & Co. (BBH) has announced that they have entered into a definitive agreement for State Street to acquire BBH’s Investor Services business, including... Read more continue reading
09 Sep 2021