Australian Ethical picks up Altius Asset Management with KWM's guidance
The deal grows Australian Ethical’s FUM to ~$12bn
Source: thelawyermag.com
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The deal grows Australian Ethical’s FUM to ~$12bn
Bond investors are cautioning that expectations of imminent rate cuts are a touch too aggressive, even after traders have dialled back their bets.
Worries around the need for more interest rate increases to cool still hot economies sparked a broad market sell-off as the present value of money rises.
Evidence of a strong US labour market prompted investors to raise bets that further policy tightening is ahead, sending yields higher and shares into the red.