RI managers performing in line with ERIG Index
Responsible Investment (RI) tilted Australian equity funds tracked the index during the September quarter, according to the most recent update from the Evergreen Responsible Investment Grading (ERIG) Index.
November 18, 2022
Sally Loane appointed as chair of Destination NSW
Former Financial Services Council chief executive Sally Loane has been appointed as chair of tourism body Destination NSW.
November 17, 2022
Number of advisers steadying
The profession has seen a net departure of three advisers this week with the total number on the ASIC Financial Adviser Register sitting at 15,899.
November 17, 2022
Pendal/Perpetual still working on deal ‘despite what you may have read in the press’
Perpetual’s proposed acquisition of Pendal has seen both parties agree to advised terms in the arrangement.
November 17, 2022
NGS Super chair retires
NGS Super chair Dick Shearman will retire at the end of 2022, following 10 years of service on the board.
November 17, 2022
BetaShares launches interest rate hedged bond ETF
Australian fund manager BetaShares has launched the BetaShares Interest Rate Hedged Australian Investment Grade Corporate Bond ETF (HCRD), which it claims is the first of its kind in Australia.
November 17, 2022
Updated investment governance guidance for superannuation trustees
APRA has released updated guidance on investment governance for superannuation trustees for consultation.
November 17, 2022
ASIC, RBA closely monitoring ASX’s compliance after CHESS report
ASIC and the RBA have provided the ASX with a joint letter of regulatory expectations after ASX released its independent report regarding the CHESS replacement program.
November 17, 2022
APAC asset owners: unified in materiality of ESG
APAC-based asset owners are unified in materiality of ESG as Australia grapples with greenwashing concerns, according to Morningstar’s survey of 500 global asset owners.
November 17, 2022
Reach Alts launches private equity platform
Reach Alternative Investments has launched its own private equity investment platform targeted at family offices, SMSFs, and individual investors who qualify as sophisticated investors.
November 17, 2022
LRBAs fine, but ‘one-stop property shops’ remain a concern: SMSF Association
Despite the risk LRBAs pose on poorly advised SMSFs, the SMSF Association has welcomed the Council of Financial Regulators report which finds limited recourse borrowing poses no risk on the superannuation system. However, the association acknowledged “one-stop property shops” providing unlicensed personal advice remains a concern.
November 17, 2022
