New features launched by AdviserLogic
AdviserLogic has added more features to its software solution; a bulk Record of Advice (RoA) solution and enhanced functionality for its risk comparison system, RiskLogic. AdviserLogic head of product development, Daniel Gara said the bulk RoA solution enables the software to detect when clients’ portfolio asset allocations have drifted away from strategic asset allocations. Advisers
April 08, 2015
Performance of Australian Active Funds Worsened: SPIVA
S&P Dow Jones Indices has been the de facto scorekeeper of the ongoing active versus passive debate since the first publication of the U.S. SPIVA Scorecard in 2002. Over the years, we have built on our decade of experience publishing the report by expanding scorecard coverage into Australia, Canada, Europe, India, Japan, and Latin America.
April 08, 2015
AMP Capital appoints new fund manager for flagship property fund
AMP Capital today announced Kylie O’Connor has been appointed Fund Manager of the AMP Capital Diversified Property Fund (ADPF). Ms O’Connor will be responsible for delivering the strategy, growth and investment performance of the A$4.2 billion fund. Reporting to AMP Capital Head of Property Funds Management Chris Judd, Ms O’Connor replaces incumbent Fund Manager Louise
April 08, 2015
Fears over Trowbridge report will be allayed by a firm, steady approach: Reddacliff
Much of the fear now gripping many risk advisers in the wake of the Trowbridge report relates to the potential scale and pace of change, says industry consultant Tom Reddacliff. Reddacliff is a former general manager of Godfrey Pembroke and senior executive at MLC, now head of Reddacliff Consulting. Referring to those practices he has
April 08, 2015
INSIGHT: Life industry reform recommendations may be too risky for planners and consumers
The Trowbridge report’s recommended abolition of upfront life insurance commissions is unfeasible for risk-focused financial planners, according to the principal of a suburban Melbourne practice. “The big risk in this is that the people who are most vulnerable will not get advice,” says Alex Braun, founder and principal adviser, Halstead Financial Services. “There’s going to
April 08, 2015
Research, financial planning are a two-pronged response to super concerns
Financial planning underpins current government policy concerns around funding retirement for Australia’s ageing demographic. In turn, much of the strategic investment advice that supports clients’ transition to retirement relies on accurate, timely research data. “Advisers aren’t given sufficient tools to educate clients on investment products,” says Dan Miles, co-chief investment officer, Innova Asset Management. He
April 08, 2015
New $100M fund provides SMSFs access to institutional grade PE return
Private equity funds specialist, Vantage Asset Management has launched a new $100 million private equity fund of funds, after almost tripling the return on invested capital from its previous fund over the past eight years. The Vantage Private Equity Growth 2 (VPEG2) fund mirrors Vantage’s previous fund, Vantage Private Equity Growth Limited (VPEG) in providing
April 07, 2015
New Zealand Retail Managed Funds climb $2.5bn during December Quarter 2014.
New Zealand Retail Managed Funds grew by 4.3% during the December 2014 quarter to $59.4bn. Over the whole of the 2014 they jumped 17.8% propelled by significant fund flows into both of the two main Kiwi Saver and Unit Trusts & Managed Funds sub-markets as well as buoyant, if at times understandably somewhat nervous and wobbly, underlying
April 02, 2015
Aussie equities manager says limiting volume of inflows essential to ensure ongoing outperformance
Boutique Australian equities fund manager, Hyperion Asset Management, announced today that it will close its institutional business to new inflows. In addition, Hyperion will soft close its retail funds – meaning it will no longer accept new investors into its two flagship equity funds, the Hyperion Australian Growth Companies Fund and the Hyperion Small Growth
April 02, 2015
Ironbark Asset Management to acquire the Certitude Global Investments business
Ironbark Asset Management announces today that it has agreed to acquire Certitude Global Investments from its holding company, HFA Holdings Limited. The acquisition is expected to complete on 30 April 2015. At completion, Ironbark will acquire 100% of the issued capital of Certitude from HFA. Certitude is the responsible entity of a number of registered
April 02, 2015
New Parametric research questions tax efficiencies of passive investing
New Parametric research has shown how tax-managed indexed results can potentially increase Australian superannuation investor returns, says Raewyn Williams, Director of Parametric’s Research & After-Tax Solutions. Parametric, which manages over USD $136 billion in assets globally, offers investors a variety of portfolio solutions, including after-tax equity (performance measurement and indexed portfolio management), centralised portfolio management
April 01, 2015
PIMCO wins Morningstar Fixed Interest Fund Manager of the Year Award
PIMCO is the winner of the Australian Morningstar Fixed Interest Fund Manager of the Year Award. Morningstar considers a variety of factors when selecting the winner of its prestigious awards, including absolute and relative performance and the risk/return profile versus a benchmark or peer group. In recognising PIMCO’s 2015 win, Morningstar Australia said that PIMCO
April 01, 2015
