AXA IM makes investment advisory committee appointments
AXA Investment Managers has appointed Olivier Blanchard, Nigel Topping, Marie-Christine Korniloff, and Nicolas Loz De Coetgourhang to the advisory committee of its Investment Institute as independent members.
February 22, 2023
Footy clubs tackling mental health crisis
Zurich Financial Services has launched the 2023 Tackle Your Feelings season with an independent evaluation by Monash University which demonstrates the positive impact and success of the mental well-being program.
February 22, 2023
BetaShares reduces ASX 200 ETF fee
Fund manager BetaShares is reducing the management fee on its Australia 200 ETF (A200) from 0.07 per cent per annum to 0.04 per cent per annum.
February 22, 2023
National Advice Solutions convicted of super rollover hawking
National Advice Solutions has pleaded guilty to breaching anti-hawking laws and will pay a $70,000 fine.
February 21, 2023
Large, growing capital looking for great advice businesses
Advice businesses that spent the last few years focusing on fulfilling professional standard requirements could reap the benefits of capital injection.
February 21, 2023
No ‘best’ way but internal investment teams have benefits
Building an internal investment team is complex, with high costs, time, compliance, and cultural requirements to overcome. A panel has discussed the merits of pursuing in-house investing and how executing the right strategy can make the exercise a net benefit for an advice practice.
February 21, 2023
Morningstar, Zenith make ratings and upgrades
Funds from Federation Asset Management and DNR Capital have seen ratings boosts this week. Federation Asset Management’s private equity fund, Federation Alternative Investments II, has been given an ‘approved’ rating by Zenith Investment Partners, who commends the principals’ high calibre and extensive experience.
February 20, 2023
‘End the super wars’: Govt to legislate objective of super
Treasurer Jim Chalmers is seeking to legislate the objective of super − with a focus on the retirement phase − to guide future policy and successive governments in an attempt to “end the super wars once and for all”.
February 20, 2023
‘Calling time on that one’: Iress to review international business
Despite dominating the Australian market, Iress has struggled to gain a foothold in the international sphere. Under the new leadership of Marcus Price and an ensuing business review being conducted this year, the advice tech provider is looking to re-frame it’s focus within its home turf.
February 20, 2023
Pengana launches capital markets division
Fund manager Pengana Capital Group has launched a dedicated capital markets division which aims to connect sophisticated investors with compelling bespoke investment opportunities.
February 20, 2023
BlackRock reduces fees on two core iShares ETFs
BlackRock Australia has reduced the fees for its iShares Core S&P / ASX200 ETF (IOZ) and Core Composite Bond ETF (IAF), to 0.05 per cent and 0.10 per cent respectively.
February 20, 2023
