Weekly market update – week ending 29 May, 2020

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Investment markets and key developments over the past week Share markets continued to rally strongly over the past week as economic reopening in developed countries and stimulus measures continued but... Read more continue reading

iShares rounds out fixed income ETF suite in Australia

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iShares has listed two fixed income ETFs – iShares Yield Plus ETF (Ticker: IYLD) and iShares Core Corporate Bond ETF (Ticker: ICOR) – on the ASX to provide Australian investors... Read more continue reading

Lyn Cobley retires from Westpac

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Westpac has announced that Lyn Cobley, Chief Executive of Westpac Institutional Bank, is retiring from the bank. Westpac CEO, Peter King, thanked Ms Cobley for her contribution in leading the... Read more continue reading

Australians experience positive “silver linings” in nutrition and physical activity according to new data by AIA Australia

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Leading life and health insurer AIA Australia has unveiled comprehensive data which demonstrates the impact of small lifestyle changes on health and wellbeing, including how Australians have adapted to the... Read more continue reading

FPA unveils five-year roadmap for financial planning

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The Financial Planning Association of Australia (FPA), the nation’s peak professional body for financial planners, today unveiled its 2025 Strategic Roadmap, detailing three priorities that will guide its activity over... Read more continue reading

TAL expands wellbeing and career support services to further support customers impacted by COVID-19

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Leading Australian life insurer, TAL, is expanding its wellbeing and career support services to further support customers that have been impacted by COVID-19. The wellbeing and career support services include... Read more continue reading

Resimac closes A$500 million Prime RMBS transaction

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Resimac Group Ltd (ASX: RMC, ‘Resimac’) is pleased to confirm it has priced an AUD$500 million prime Residential Mortgage-Backed Security (RMBS) transaction. ‘Resimac Premier 2020-2’, the first offering since the... Read more continue reading

New research shows small-cap investing in the face of pandemic can still offer long term opportunities

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While volatility recorded in the first quarter of 2020 has been unprecedented and challenges remain, global investment manager, Eaton Vance, continues to see opportunities for investors with a long- term... Read more continue reading

RBA Governor: Downturn less severe than first feared

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Reserve Bank Governor Testimony; APRA Chair speech Reserve Bank Governor Testimony: Reserve Bank Governor Philip Lowe appeared before the Australian Senate Select Committee on COVID-19. He said, “With the national... Read more continue reading

Household Capital adds two C-suite execs to its growing team

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Household Capital, an independent, specialist retirement funding provider has announced it has further expanded its team. On the back of strong growth and following the recent appointment of a Customer... Read more continue reading