How factors became investors’ ‘go-to’ source of returns
Style factors such as quality and value may have fallen out of favour during the ‘easy money’ period of the pre-pandemic era, but in today’s ‘higher for longer’ inflation and interest rate environment, investors have returned their focus back toward investment fundamentals when it comes to boosting portfolio performance.
June 12, 2024
Getting the most value for money
A tilt towards undervalued companies as part of a diversified portfolio can improve risk-adjusted returns for clients in the long term. The challenge for advisers is finding data-driven, cost-efficient value strategies that don’t forego investment quality.
June 12, 2024
Building on momentum in portfolios
Momentum investing seeks to increase exposure to companies that are outperforming over the last 12 months, while decreasing exposure to underperformers. Momentum investing has been a persistent and historically rewarded factor, but like all investments, advisers will still need to weigh up risk vs reward.
June 12, 2024
Vanguard shifts to adviser drive on super product
With its adviser portal live, Vanguard Super now reaches more than 116 licensees covering more than 3000 advisers. Australia head Daniel Shrimski believes they have the “superior” product to industry funds that doesn’t have the “complexity and cost” of wrap products, but still believes there are internal improvements to be made.
June 11, 2024
Government launches consultation on DBFO draft regs
The government has launched a consultation on the first tranche of draft regulations for the Delivering Better Financial Outcomes bill.
June 11, 2024
Brighter Super selects State Street as custodian and administrator
State Street has become the custodian and administrator of the $30 billion Brighter Super.
June 11, 2024
Experts deride ‘super for housing’ at their peril
While it might not be enough to win government for the Coalition, the controversial policy allowing first home buyers to draw on super is popular with voters, according to the polls. In the midst of such an emotive debate, critics of the proposal need to make the case for preservation or be willing to accept a more flexible retirement system.
June 07, 2024
Make-up of SMAs will be factor in YFYS capture
The prudential regulator has updated its guidance on whether managed accounts should be included by trustees in the Your Future Your Super performance test, but customisation means in most circumstances the products will be excluded.
June 07, 2024
NZ Super appoints acting CIO
The Guardians of Kiwi sovereign fund NZ Super has appointed Alex Bacchus as acting chief investment officer amid Stephen Gilmore’s departure to Calpers.
June 07, 2024
Insignia CEO ups ante on DBFO fee deduction rules
Insignia Financial CEO Scott Hartley has personally intervened in the Quality of Advice Review reform process to call for explicit amendments to the fee deduction rules proposed by the government in its Delivering Better Financial Outcomes bill. The government quiet made changes to the bill’s explanatory memorandum last week, but critics are unappeased, arguing the law would still counterproductively push up the cost of advice.
June 06, 2024
