AustralianSuper partners with US private capital firm
AustralianSuper has announced a new partnership with Churchill Asset Management, with an initial instalment of US$250 million ($373 million), intended to grow substantially over time.
December 16, 2022
‘Crypto winter’: Researchers feel the chill as crypto demand sees cool change
Market pullbacks in cryptocurrency investments have recently caused a dilemma for research houses developing crypto research processes.
December 15, 2022
‘Gamechanger’ ATO consultation on advice fees launched
The tax office has opened a consultation to update its guidance on the tax deductibility of financial advice fees, a regime that hasn’t been updated in over a decade.
December 15, 2022
Robin Bowerman retires from Vanguard
The head of Vanguard’s corporate affairs group, Robin Bowerman, is retiring after 19 years at the organisation.
December 15, 2022
Finder subsidiary sued by ASIC for running crypto product without AFSL
ASIC has commenced civil penalty proceedings in the Federal Court against Finder Wallet for allegedly providing unlicensed financial services, breaching product disclosure requirements, and failing to comply with Design and Distribution Obligations concerning its crypto-asset-related product, Finder Earn.
December 15, 2022
Decrease in estate grants: Equity Trustees
There has been an increase in grants from testamentary and perpetual charitable trusts and decrease from estates, according to research from Equity Trustees.
December 15, 2022
Apex wins fund services mandate
Investment advisory firm Kayne Anderson Rudnick Investment Management (KAR) has appointed global financial services provider Apex Group to service its Global Small Cap Fund and support its independent custody services.
December 15, 2022
Australian advice firms poised to close the gap to the best in the world
A continued focus on managing compliance and regulatory change sees the best Australian advice firms lagging the performance of their global peers. But the gap may begin to close as local firms begin to focus on the same things that drive performance for leading firms around the world.
December 14, 2022
FPA/AFA merger enters second round of member consultation
The Financial Planning Association and the Association of Financial Advisers have entered the second round of consultation with members on the proposed merger of the two associations.
December 14, 2022
‘I don’t know how they’ve still got their jobs’: Investors continue to grapple with RBA decisions
Professional investors have expressed disappointment over how central banks poorly forecasted inflation with more negatives effects expected.
December 14, 2022
Global X launches global carbon ETF
Global X has launched net-zero emission focused Global Carbon ETF (Synthetic) (GCO2).
December 14, 2022
