MM Funds Management
  09 May, 2022
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Industry News
Cash rate to dent big bank earnings: VanEck
The Reserve Bank of Australia’s decision to raise the official cash rate by 25 basis points to 0.35% will put the big four banks under pressure in the month ahead, according to VanEck.
Industry News
Twitter undervalued by Musk
Forager is disappointed by the sale of Twitter to Tesla founder Elon Musk as it believes the company is more valuable than Musk’s purchase price and has not reached its full potential.
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Industry News
Outflows continue for Magellan
Funds under management at Magellan have fallen to $68.6 billion in April although there was a slight uptick in its infrastructure division.
Money Management Original
Australian property investors seek global exposure
There is huge disparity between property sectors as the world comes out of the pandemic and Australians may be disadvantaged by the ASX’s weighting to retail commercial property.
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Industry News
RBA makes first rate rise in 11 years
The Reserve Bank of Australia has raised interest rates by 25 basis points to 0.35%, the first increase in 11 years and a surprise to the market.
Industry News
Australia viewed as positive market for global allocators
Global asset allocators are increasing their weightings to Australian equities for the first time in years, according to T. Rowe Price, as the country is more attractive than its developed market peers.
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