Emerging market risks heating up
Standard Life Investments, the global investment manager, has found that the risk profiles of emerging economies have changed considerably in the past six months. Countries such as Mexico and India generally look safer now, while conditions in already risky countries like Brazil and Malaysia have deteriorated further. The largest reduction in vulnerability was in Ukraine
June 09, 2015
BetaShares May Australian ETF Review: New product boom and fresh industry record high
The Australian exchange traded fund industry reached a new record high of $18.6 billion in funds under management in its sixteenth straight month of positive growth, according to the BetaShares Australian ETF Review – May 2015. The market grew by $900 million over the month, with approximately 60% of growth coming from market movements and
June 09, 2015
Orient Capital launches new investor roadshow iPad app
Orient Capital, the leading global ownership analytics and investor relations firm, today launched a new investor roadshow app for iPad users. The app enables listed-company executives to more efficiently manage their interaction with the capital markets and the functions that arise as a consequence of being listed. The app is an extension of Orient Capital’s
June 09, 2015
Lonsec launches unique fees and ESG ratings
Leading research house Lonsec today launched its next four Better Investment Outcomes (BIO) metrics – three fee BIOmetrics and an ESG BIOmetric – to help financial advisers seek better investment outcomes for their clients. Launched earlier this year, Lonsec’s BIOmetrics are designed to support advisers in having deeper conversations with clients and to make it
June 09, 2015
Australian banks remain out of favour, Greece defaults and bonds rise
Australian banks have been a major cause of the 3% decline in markets during the past two weeks, as many overseas investors exit Australian banks in favour of European and US bank stocks, says Instreet Investment’s managing director George Lucas. “Australia’s stronger GDP number released last week has reduced expectations that interest rates will be
June 09, 2015
Financial planning Licensee of the Year honours split as CoreData research reveals winners
CoreData’s annual Licensee of the Year honours have been shared in 2015 after the methodology underpinning the analysis couldn’t separate the two top groups. GPS Wealth and Fortnum Financial Advisers have been named as joint Licensees of the Year, reflecting the esteem in which the licensees are held by financial planners themselves; while the ANZ
June 08, 2015
FEATURE: Accountants go back to the future in stunning bid to reclaim the advice space
Alex Malley, chief executive officer of CPA Australia, says the organisation’s decision to launch its own financial planning licensee isn’t revolutionary. It’s simply back to the future. CPA Australia is by any measure a significant organisation. It did not have to become a dealer group in its own right, yet it announced on Friday last
June 08, 2015
Packaged portfolios have outperformed advisor-driven portfolios over past 5 years
New research from global analytics firm Cerulli Associates finds that over the past five years, packaged portfolios have outperformed advisor-driven portfolios. “Currently representing nearly $900 billion in assets, packaged portfolios have become incredibly popular,” states Frederick Pickering, research analyst at Cerulli. “Much of the success of packaged portfolios has been driven by a new business
June 08, 2015
Assets invested in the global ETF/ETP industry broke through the 3 trillion US dollar milestone at the end of May
Assets invested in ETFs/ETPs listed globally broke through the US$3 trillion milestone at the end of May to reach a new record of US$3.015 trillion in assets under management (AUM), according to ETFGI’s preliminary monthly ETF and ETP global insight report for May 2015. At the end of May 2015, the global ETF/ETP industry had
June 07, 2015
Two questions you should ask your fund manager
The Certified Financial Analyst (CFA Society) announced on Wednesday that AustralianSuper supported the adoption of the CFA Asset Manager Code of Professional Conduct. When I read a story like this, I always wonder how investor psychology has been incorporated into their thinking. Particularly the CFA Society, which is certainly across the field of behavioural finance.
June 05, 2015
The sketch artist and the adviser: IRESS deal forms an engaging union
IRESS’s acquisition of financial planning content provider Innergi is aimed at helping advisers engage more effectively with clients across a variety of mediums – including cartoons and caricatures. The deal will provide advisers using XPLAN – which is owned by IRESS – with access to ready-made e-newsletter templates along with articles, videos and structured learning
June 04, 2015
Financial planning licensees call for better promotion of profession, clearer graduate career paths
Financial planning as a profession needs to more clearly map out career paths for new entrants, and sell the benefits of financial planning as a career to potential university graduates, according to leading dealer group and licensee heads. The Professional Planner Dealer Group Summit, held in the Blue Mountains west of Sydney on Monday and
June 04, 2015
