Institutional demand for gold was a key driver of a record high in the second quarter
[ad_1] A “healthy” over-the-counter (OTC) market, with institutional investors and family offices turning to gold for portfolio diversification, helped boost global demand to record levels in the second quarter, according to the World Gold Council (WGC). In its latest update,…
Market jitters cast doubt on the nascent small-cap rotation
[ad_1] While value stocks and small caps are forecast to be market darlings in 2024, investment executives say renewed fears of an economic slowdown could complicate that outlook. The last week of July showed initial signs of optimism, with the…
The acquisition of Maple-Brown Abbott opens new avenues for growth for Antipodes
[ad_1] The acquisition of Maple-Brown Abbott (MBA) is expected to increase Antipodes Partners’ earnings and provide them with additional growth opportunities. In mid-July, it was announced that fund manager MBA had finalized an agreement to be acquired by Antipodes Partners,…
All eyes on ESG engagements this reporting season: Martin Currie
[ad_1] At the turn of the century, Australian reporting seasons and annual general meetings (AGMs) focused primarily on financial statements for investors. However, this focus has expanded significantly. According to Martin Currie portfolio managers Will Bayliss and Naomi Bant, sustainability…
Market pundits brace for August rate hold, diverge on RBA’s next steps
[ad_1] The Reserve Bank of Australia (RBA) is widely expected to keep the cash rate on hold in August; however, its next move becomes murky in the face of new global economic data. The RBA, which will announce its latest…
ASX 200 boardroom gender balance in ‘clear view’, data shows
[ad_1] According to the Australian Council of Superannuation Investors (ACSI), the number of female directors at Australia’s largest companies has doubled since 2015, when less than 20 per cent of ASX 200 directors were women. The gender balance in these…
Bullock dampens hopes of year-end rate cut, says rate hike remains ‘serious consideration’
[ad_1] A short-term cut in cash rates “is not consistent with the board’s current thinking”, according to RBA governor Michelle Bullock, who clarified that risks remain in the economy and that the RBA board had in fact considered raising rates…
Private credit is gaining momentum among sovereign funds
[ad_1] According to Invesco’s Global Government Asset Management Survey 2024sovereign wealth funds (SWFs) are increasingly paying attention to the new lending environment in which banks are ceding territory, opening a gap in the market for alternative lenders. The report, which…
Offshore capital boosts GQG FUM’s hot streak
[ad_1] In an ASX update on Wednesday and ahead of its half-year results later this month, the fund manager said FUM as at July 31, 2024 was $US156.3 billion ($238.7 billion), up from $155.6 billion USD at the end of…
Why this foundation is doubling national health care
[ad_1] Healthcare modernization, especially on home soil, is a long-term theme that has the potential to provide alpha, portfolio diversification and risk reduction, according to Jolon Knight, investment specialist at Hyperion Asset Management. Speaking at the 2024 Pinnacle Investment Summit…