Industry Updates

Cover story: Fear of robo-advice and the ‘bionic planner’

While fear of technology is nothing new, Ben Power writes that in terms of financial advice, it is most likely that a combination of face-to-face and robo-advice will emerge.

Praemium and Burrell team up on new managed accounts solution

Praemium today announced the launch of a new managed account solution for long-standing client Burrell Stockbroking and Superannuation. The Brisbane-based stockbroker will offer its new, fully-branded managed account solution to clients in both retail superannuation and investment structures, enabling clients to access diversified Burrell investment portfolios while Praemium takes care of custody and administration. Managing

Illegal access of super benefits a ‘lose-lose’ proposition

Using self-managed super funds for any purpose other than supporting retirement is not only detrimental in the long term, it is a crime and carries hefty penalties. Max Newnham writes.

Value investing’s time to shine near as ‘old growth’ runs its course

Buying value stocks doesn’t mean buying low-growth stocks. Nathan Bell explains that 'value' simply means buying at a discount to minimise the chance of loss.

What’s next? Maybe more than you can possibly imagine

As NASA begins to explore Jupiter, Dixon concludes that robo-advice isn’t driven by exactly the same spirit of adventure as the Vikings were, but there are parallels throughout human history.

Schroders’ highly successful Real Return strategy now available on the ASX

Leading global investment manager Schroders has today launched its first direct-to-consumer managed fund on the ASX, bringing its highly successful multi-asset real return strategy to a broader range of Australian investors. The Schroder Real Return Fund (Managed Fund) ASX:GROW is based on Schroders’ successful Real Return CPI Plus 5% fund – which at 31 July

Search for yield pays dividends for Aussie equities and currency

The Australian market has seen an increased inflow of capital as global investors search for yield in the current low interest rate environment, says George Lucas, managing director Instreet Investments. “With the amount of debt in negative yield now at a staggering $13 trillion, it is no wonder that the main driving force for equities

Outsourcing by IFAs Set to Jump

Independent financial advisors (IFAs) in the United Kingdom will outsource the investment management of a larger share of assets in 2017, with regulation being one of the key drivers of the growth, according to the latest issue of The Cerulli Edge – Europe Edition. Research conducted by global analytics firm Cerulli Associates, in partnership with Investment

Acorns to bring Found Money rewards program to Australia

Investment start-up app Acorns today announced that it will launch its rewards program, ‘Found Money’, in Australia later this year. The program, currently available to US-based Acorns customers, invests money directly into users’ Acorns investment accounts when they make purchases with Found Money partners.  Acorns users receive cash deposits of either a set-dollar amount or

DNR Capital High Conviction Australian Equities Fund ‘Recommended’ by Zenith

Australian equity specialist DNR Capital has announced that the DNR Capital Australian Equities High Conviction Fund has been awarded a “RECOMMENDED” rating by Zenith, only 12 months after the fund was launched. The fund is based on the successful 14-year track record of the DNR Capital Australian Equities High Conviction strategy that was previously only

Antipodes Global LIC opens to retail investors

Antipodes Global Investment Company Limited (ASX: APL) – the first listed investment company (LIC) managed by Antipodes Partners Limited (Antipodes Partners) – officially opened to Australian and New Zealand investors today. The initial public offering (IPO or Offer) is seeking to raise up to $220 million, with the ability to accept an additional $110 million

Author of her own destiny wants to see more female planners

This planner didn’t think much of her maths ability and thought English was her strong suit, but found she was actually “pretty good” at numbers while completing a law degree. Jo Leggatt writes.

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