Divisions eroding between industry super and external financial planners
Another industry superannuation fund is expected to roll out a member-advice program similar to the one kicked off by Cbus and the Financial Planning Association (FPA) earlier this year. A program to make select FPA-member financial planners available to Cbus members has been run as a pilot program since January and launched nationally on September 1, as first reported
September 10, 2014
In it for the duration: Why advisers need to get flexible to meet clients’ return expectations
There’s an investment saying which is as old as it is popular: It’s all about time in the market, not timing the market. Time is indeed a crucial yardstick of valuation, and when it comes to bonds, so too is duration. Bond duration is a measure of a portfolio’s sensitivity to changes in interest rates
September 10, 2014
RI Academy welcomed into the PRI
The world’s leading responsible investment education business, the Responsible Investment Academy, will move to a new home with the Principles for Responsible Investment in the coming weeks, enhancing the RI Academy’s global reach across the investment and finance community. Terms have been agreed for the PRI’s acquisition of the RI Academy following the successful incubation
September 09, 2014
FIIG launches largest benchmark unrated bond issue
FIIG Securities today launched its biggest ever unrated bond issue for a corporate client – a fixed rate note for 360 Capital Group Limited targeted to raise $50 million with the ability to take up to $75 million. Once closed, this issue would bring the total raised by FIIG to over $1 billion in less
September 09, 2014
Partners Group Global Value Fund added to BT SuperWrap & Macquarie Wrap platforms
Partners Group, the global private markets investment manager, has had its Partners Group Global Value Fund accepted onto the BT SuperWrap and Macquarie Wrap platforms. The Partners Group Global Value Fund is an open-ended managed fund that provides investors with immediate exposure to a mature private equity portfolio of over 1’000 private companies operating around
September 09, 2014
BGL integrates Simple Fund 360 with Auditflow
BGL Corporate Solutions, Australia’s leading supplier of administration software to Self Managed Superannuation Funds (SMSFs) has integrated Simple Fund 360 with Auditflow and their intelligent audit workpapers. The new integration will give Simple Fund 360 users the ability to load data from Simple Fund 360 into Auditflow, significantly reducing the amount of time it will
September 09, 2014
Are you paying your staff too much, or not paying enough to compete?
Financial planning firms that participate in ground-breaking research to quantify for the first time the nature and the quantum of remuneration structures across the financial planning industry will get first look at new remuneration benchmarking data at no cost. Griffith University and Zanetti Recruitment & Consulting (ZRC) are studying remuneration, benefits, incentive and bonus structures, role
September 09, 2014
ETFs and ETPs globally reached record high 2.7 trillion US dollars at end August 2014
ETFGI’s research finds ETFs and ETPs listed globally reached a new record high of 2.7 trillion US dollars at the end of August 2014. Year to date, net new assets gathered of US$185.0 Bn surpass the previous high of US$140.1 Bn set in the first eight months of 2012. The Global ETF/ETP industry had 5,421
September 08, 2014
Financial Simplicity brings clarity to new technology-enabled wealth operating models
To add to the ever increasing temperature in the debate about the future of platform offerings in their current form, Financial Simplicity believes that technology-based offers have now matured to a state where wealth management practices can partner with some key suppliers to create ‘off-platform’ operating environments that allow replication of, or even enhancements over
September 08, 2014
Assets in ETFs and ETPs listed in Asia Pacific ex-Japan reached record 103.7 billion US dollars at end August 2014
ETFGI’s research finds ETFs and ETPs listed in Asia Pacific (ex-Japan) reached a new record high of 103.7 billion US dollars at the end of August 2014. The Asia Pacific (ex-Japan) ETF/ETP industry had 548 ETFs/ETPs, with 680 listings, from 96 providers listed on 15 exchanges according to preliminary data from ETFGI’s end August 2014
September 08, 2014
Hard life for ageing emerging-market consumers means they’re not a soft target for investors, says AllianceBernstein
Companies and investors targeting the rapidly ageing demographic in emerging countries as a potentially lucrative opportunity may be in danger of making expensive mistakes if they fail to understand the true dynamics of the trend, global asset manager AllianceBernstein said today. “Populations are ageing in the top 12 emerging economies at twice the rate as
September 08, 2014
ETF industry grows despite sharemarket stalling
The growth of the Australian exchange-traded fund market continued in August to reach a new record high of $12.4B in assets under management according to the BetaShares Australian ETF Review – August 2014. Total funds under management increased by around $200 million, the growth particularly striking as it was almost entirely attributable to new money
September 08, 2014
