Australian absolute return equity manager, Monash Investors, partners with Winston Capital Partners
One of Australia’s emerging Australian Absolute Return Equity Managers, Monash Investors (“Monash”), has teamed with specialist third party marketing and distribution firm Winston Capital Partners (“Winston”), in a timely bid to capture the growing demand for absolute return funds that give investors access to growth assets but with far less volatility. “We believe that the
September 09, 2015
A new kind of advice: Why Eleanor Dartnall is doing things her own way
One morning in 2006 Eleanor Dartnall was alone in her new office in the Southern Highlands of NSW, contemplating the enormity of what she’d just done after calling time on a long and successful career as a senior executive with Perpetual Trustees. Part of Dartnall’s responsibility at Perpetual had been managing the company’s financial planners.
September 08, 2015
Better business in the long run to be ‘fanatically ethical’ and proud of it
It’s always disappointing to talk to a financial planner at a conference and to learn that the issue on the agenda they found least interesting was the one focused on ethics. Sure, ethics isn’t as sexy as, say, how to maximise the sale price of a practice, or how maximise a client’s long-term investment returns.
September 08, 2015
Private investors get a bite at Apple bonds
Fixed income specialist FIIG Securities has added Apple bonds to its DirectBonds Service, giving private investors, SMSFs and clients of financial planners their first chance to access the bonds which were issued amid great investor interest last month. Like the 300-plus other bonds on the DirectBonds list, the Apple bonds will now be available in
September 08, 2015
Yellow Brick Road partners with MetLife to expand insurance offering
The Yellow Brick Road Group will offer a suite of tailored lifestyle protection solutions this year through a new partnership with MetLife. The agreement is the next phase of the Group’s core business strategy to leverage the scale of key players for product delivery. The Australian arm of US-based MetLife was chosen due to being
September 08, 2015
Women, wealth and opportunity as $2.4 trillion changes hands
An enormous intergenerational transfer of wealth will occur over the next three decades as the baby boomers and their parents pass down $2.4 trillion. Women will be the main beneficiaries purely because women live longer than men. This bounty will further bolster the personal wealth many women have already earned and accumulated. There’s no question that
September 06, 2015
Addressing the shortfall in financial planning innovation
Too many financial planning principals view themselves solely as business owners rather than as entrepreneurs, according to Stewart Bell, founder of Audere Coaching and Consulting. Entrepreneurialism is underpinned by innovation, which is something he believes is sadly lacking from Australia’s financial services environment, particularly in planning. “Some are embracing it, but others are playing around
September 06, 2015
Smoothing out the bumps to give ‘the confidence to remain invested’
A rollercoaster is an apt metaphor for the experience investors have as they get close to retirement: strapped into an investment market with no control over its direction, unable to get out. Some love the thrill of it, but others cannot wait for the ride to be over – and would get out now, if
September 06, 2015
Industry super’s digital embrace may be a key to broader advice engagement
Homegrown robo-advice tools targeting Australian industry super funds and their members may be laying the groundwork for greater uptake of broader-based digital advice. The more than 10 million members of industry super funds are some of the most under-serviced segments of the financial advice market, according to Jeremy Duffield, co-founder of SuperEd. “We think there
September 03, 2015
More finalists in the Professional Planner|Zenith Fund Awards 2015
Today Professional Planner reveals more finalists in the Professional Planner|Zenith Fund Awards 2015, ahead of the announcement of winners across 19 fund categories, including Distributor of the Year and the headline Fund Manager of the Year, at an awards event at Ivy Ballroom, Sydney, on October 9. The second tranche of finalists covers a further eight categories.
September 03, 2015
Why ethics trumps regulation in creating a healthy corporate culture
As the managing director of BT Investment Management, Emilio Gonzalez routinely encounters conflicts of interest – conflicts between, on one hand, what might be best for the business that employs him and, on the other hand, what might be in the public interest, or in the interests of society more broadly. Gonzalez (pictured) says he
September 03, 2015
