March
Vanguard guilty of greenwashing in ASIC’s first major court win
The funds management giant could be on the hook for millions of dollars in damages, though the court rejected aspects of ASIC’s case.
- Hannah Wootton
February
Death of the star stockpicker: Investors pull $230b from hedge funds
Clients are tiring of managers’ poor returns in bull and bear markets.
- Costas Mourselas
January
Economists fear unintended consequences of the RBA overhaul
In The Australian Financial Review’s quarterly survey economists warn making the central bank more transparent could lead to slip-ups and muddle policy signals.
- Cecile Lefort
December 2023
Musk blasts public markets in talk with Wood
Elon Musk bemoaned the high regulatory burden faced by publicly traded companies in a wide-ranging talk with Cathie Wood.
- Emily Graffeo and Kurt Wagner
- Opinion
- Investing
A quick guide to investing for kids (and how to deal with tax)
If the income earned is linked to a child’s tax file number, there will be no capital gains tax when they turn 18.
- Balaji Gopal
Vanguard’s biggest bond ETF becomes first to break $151b
The highest yields in years have made fixed-income more appealing, while exchange traded funds have consistently stolen market share from their more expensive mutual fund brethren.
- Katie Greifeld
October 2023
- Exclusive
- Aviation
Future Fund to vote against Qantas director Todd Sampson
The sovereign wealth fund, and other large investors in the airline, will not support the re-election of the advertising executive to the airline’s board.
- Ayesha de Kretser and John Kehoe
ETFs quietly rewrite rule books amid regulatory crackdown
ASIC’s move on Vanguard for alleged misleading marketing has the rest of the ETF sector scrambling.
- Nina Hendy
September 2023
- Opinion
- Passive investing
The ‘Aldi’ ETF that delivers an extra 0.21pc
Fees charged by funds based on the same index can make a difference to returns, which is why it’s worth taking a closer look.
- Tim Mackay
August 2023
BlackRock hit by backlash after fall in ESG votes
The New York City comptroller has accused the $14.7 trillion asset management group of giving in to a war against environmental, social and governance causes.
- Nicholas Megaw, Brooke Masters and Madison Darbyshire
BlackRock, State Street scramble to manage greenwashing risk
Alarmed by ASIC’s case against Vanguard, asset managers across the board have been meeting to discuss vulnerability to prosecution.
- Updated
- Hannah Wootton and Joanna Mather
State Street undercuts BlackRock, Vanguard with cheapest S&P ETF
Tiny fee cuts have become common as issuers battle for flows in an increasingly saturated market.
- Katie Greifeld
July 2023
ASIC accuses Vanguard of greenwashing in $1b-plus bond fund
After claiming to have screened out fossil fuels, the fund was invested in Chevron, an oil pipeline in the US and Abu Dhabi, and a petroleum company in Chile.
- Hannah Wootton
How inflation cruelled these women’s dreams of investing like Buffett
High inflation, mortgages and climbing rents are putting pressure on investors, but women are feeling the pinch more than men, new research has found.
- Updated
- Lucy Dean
Link Group shares tumble as start-up rival snatches big client
The troubled ASX 200 fintech stock has lost a major superannuation contract to fast-growing administration player Grow Inc, causing its shares to drop.
- Jessica Sier
June 2023
Nervous SMSFs plan to ramp up cash, bond exposure as inflation shield
People are also growing more cautious about opening self-managed super funds, and the starting age and account balance of new members is going up, a report has found.
- Hannah Wootton
May 2023
‘It accelerates from here’: Vanguard’s superannuation growth plan
So far, the investment manager has 10,000 members and $500 million in funds under management – tiny by Australian superannuation industry standards.
- Hannah Wootton
Meet Vanguard’s trillion-dollar man (and his fixed-income revolution)
Josh Barrickman controls nearly as much US debt as China, and his army of funds has made more than $US1 billion every trading session since March.
- Ye Xie and Liz Capo McCormick
April 2023
US savers snap up government debt in search for yield
Retail investors are purchasing record amounts of Treasury bills at auction while bank deposits drop to near two-year lows.
- Kate Duguid
March 2023
Money market funds balloon as investors pull deposits from banks
The pace of inflows has accelerated in the past fortnight, particularly from large depositors looking for safe havens.
- Brooke Masters, Harriet Clarfelt and Kate Duguid
