Holding Cash Will Be a Winning Strategy in 2023, Investors Say
Passive funds and ETFs won’t completely supplant active managers, but their market share will continue to rise.
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Passive funds and ETFs won’t completely supplant active managers, but their market share will continue to rise.
Australian shares were down 0.3 per cent to 7235.8. Thodey resigns as Tyro chairmain. Fourth-quarter GDP at 11.30am AEDT. Follow updates here.
Australian shares are set to open higher, in sync with New York. Sezzle trims losses, sales grow. Irwin confirmed as Adbri CEO. NextDC lifts capex guidance. Cogstate’s sales, profits fall. Sales data at 11.30am AEDT. Follow for updates.
Australian shares are set to follow New York lower. Qantas turnaround. Zip’s half-year loss widens to $242.5m. Auckland Airport lifts guidance. Smartgroup CEO to retire. Rising costs eat into Nine’s profits. Follow updates here.
Australian shares are up 0.2 per cent. NAB Q1 profit at $2.1b. Telstra warns: “income now expected to be at the bottom end of guidance”. Vehicle located in mine rescue operation. AUB upgrades profit guidance. Super Retail posts record sales; Whitehaven profits surge. Goodman upgrades guidance. Newcrest rejects Newmont bid; Origin talks with bidder still live. Labour force data at 11.30am AEDT. Follow updates here.