The Future Fund Management Agency (FFMA) is still in the process of shortlisting candidates for the positions of general manager and chief investment officer and hopes to make an appointment in the next month or two.
Structured products on S&P radar
Standard & Poor’s is examining how it can rate closed-end and listed structured products on an ongoing basis to meet the demands of financial planners.
Bluestone expands as reverse mortgage demand grows
Bluestone Equity Release is beefing up its executive team to cope with the growing demand for reverse mortgage products from financial planners.
Sunsuper seeks growth in Victoria
Sunsuper has appointed a new Melbourne-based business manager for its corporate business.
… and standardise corporate action messages
The Australian Stock Exchange (ASX) will go live next week with a new standard for sending out corporate actions information, which it claims will enhance the accuracy and timeliness of announcements to investors.
No past sets up Momentum for fabulous future
National winner of the Financial Planning Association’s new Value Advice Award for wealth accumulation, Philippa Elliott, reveals why her business is so easy to run.
Hedge fund returns to drop, fees to rise – Mercer
Hedge fund managers expect their returns to drop, on average, over the next 12 months and are exploring new strategies which are less reliant on beta exposure for returns, according to a report by Mercer Investment Consulting.
X-Model
Aegis Equities Research launches its, previously in-house, financial modelling tool, X-Model.
UBS Global Infrastructure Securities Fund
UBS offers investors exposure to a managed portfolio of primarily equity infrastructure securities.
Bloch calls for greater connection with consumers
The Financial Planning Association’s new Value of Advice Awards are a stepping stone in the board’s strategy of promoting financial planning as a profession and will be swiftly followed by phase two of a three-year advertising campaign.
Commission comparison rate needed, Lucy tells government
Jeffrey Lucy, ASIC chief, has called on the financial services industry to develop “benchmark” commission rates.
Bank planners to get national exposure
The Westpac financial planning network is to get a $500,000 marketing boost from the bank as it seeks to leverage off the recent changes to the superannuation system.
