CFA Institute launches private markets and alternatives certificate
The CFA Institute has launched a private markets and alternative investments certificate.
PGIM, Point Capital expand Australian rental portfolio
PGIM Real Estate and Point Capital have already purchased two properties since entering a joint venture to develop a portfolio of residential properties for rent in Australia.
ClearView appoints chief of staff
Life insurance company ClearView Wealth has appointed Sharon Leong as chief of staff.
Carr takes handbrake off China investment
Just as the International Monetary Fund warns China is engineering an “unsustainable” increase in borrowing, former NSW Premier Bob Carr tells an industry conference it’s OK now to invest in the country.
Almost three-quarters pass August adviser exam
Almost three-quarters of candidates sitting the August adviser have passed, according to results from ASIC.
Frontier to offer research to self-licensed advice practice
Known best for its industry-fund clientele, Frontier Advisors has commenced offering its research services to self-licensed South Australian advice firm Perks Private Wealth. The investment researcher has spent the past decade diversifying its client base, with retail and wholesale wealth anticipated to become a bigger part of its business.
Funds turn to non-traditional sectors amid commercial property downturn
A daunting commercial property market and forecasts of negative returns for a second year in a row haven’t deterred funds from exploring opportunities in less-traditional areas that favour their long term investment horizons. Most profit-for-member funds plan to either maintain or lift the size of their property portfolio even as valuations in the office and retail segments shrink.
ASFA, ISA welcome passage of housing fund legislation
The Association of Superannuation Funds of Australia and Industry Super Australia have welcomed the passage of the Housing Australia Future Fund (HAFF) legislation, with the support of the Greens and crossbench senators and members.
Aware Super launches adviser portal
Industry fund Aware Super has launched its client portal to help independent financial advisers (IFAs) interact with the fund.
MP, BT heads join FSC board
The Financial Services Council has appointed AMP chief executive Alexis George and BT Financial Group CEO Matt Rady to its board.
Rising costs worry most older Australians: Challenger research
A majority of older Australians are increasingly worried about the rising cost of living, which is negatively impacting their lifestyle and overall well-being, according to a recent study by National Seniors Australia and Challenger.
Australians retiring later than global peers: Natixis data
Australia and other developed countries have experienced improved retirement security for the first time in a decade, but Australians are retiring later, according to the Natixis Investment Managers’ Global Retirement Index.
