Market Commentary

InvestorDaily US-based asset manager Nuveen have announced that four Australian superannuation funds had invested US$190 million into its US Cities Workplace strategy. Nuveen confirmed that the funds in question included Cbus Super, Hostplus and TWUSUPER, and a fourth unnamed fund, and that their sizeable investment would offer them access to “diversification benefits” of investing in sectors […]

InvestorDaily Asset management giant BlackRock has revised its investment strategy in the face of mounting recessionary fears and continued tumult in the US banking sector. The firm has revealed it would increase its exposure to private credit as the outlook for public credit shifts amid expectations of a looming credit crunch. “The banking tumult has […]

SMH The artificial intelligence craze appears to be irresistible to the bosses of our big banks. Not only does this much-hyped technology hold the promise of cutting costs, bankers are also working on how it could be deployed in ways that would enable banks to embed themselves more deeply in customers’ financial lives. So, it […]

The Economist Dinner party conversations across Asia have often been animated by an old debate. In economic dynamism, the state of the urban fabric and the vibrancy of civic life, which city comes top: Hong Kong or Singapore? Until not long ago, it was obvious to Banyan, who spent a decade working there, that Hong […]

AFR Apple has introduced a long-promised high-yield savings account with Goldman Sachs Group, turning to a key partner to push deeper into financial services. The new offering will let Apple Card users earn a 4.15 per cent annual yield, more than 10 times the national average, the tech company said on its website on Monday. The account […]

InvestorDaily Greenwashing is the “corrosive agent” to market integrity, according to Australian Investments and Securities Commission (ASIC) deputy chair Karen Chester. Speaking at the Responsible Investment Association of Australasia (RIAA), Ms Chester elaborated on how the regulator was enforcing greenwashing by funds and companies. Ms Chester said there are three “antidotes” to greenwashing which ASIC […]