Yarra Capital Management appoints Apex Group by for $100 million fund
Yarra Capital Management has appointed Apex Group to support the Yarra Private Capital Discovery Fund.
Portfolio resilience, cyber risks and regulatory priorities dominate ASFA conference
The 2023 ASFA annual conference kicked off with discussions around building resilient portfolios, cyber risk and regulatory priorities.
Australia steady as global pension assets record largest fall since GFC
Australia’s pension assets held steady in 2022, helped by the superannuation guarantee and value of the local currency amid a record annual fall in global pension assets, according to research from the Thinking Ahead Institute.
AXA IM makes investment advisory committee appointments
AXA Investment Managers has appointed Olivier Blanchard, Nigel Topping, Marie-Christine Korniloff, and Nicolas Loz De Coetgourhang to the advisory committee of its Investment Institute as independent members. They will provide expertise and insights on various topics, including macro-economics, climate change, biodiversity, and natural resources. Blanchard is an emeritus professor of economics at the Massachusetts Institute … Read more
Growth equities to shine in 2023 if interest rates stabilise
For investors who believe interest rates will stabilise in 2023, growth equities such as electric vehicles, emerging markets fintech and some luxury brands could be strong investment prospects, according to equity portfolio specialist Raj Shant from Jennison Associates.
BetaShares reduces ASX 200 ETF fee
Fund manager BetaShares is reducing the management fee on its Australia 200 ETF (A200) from 0.07 per cent per annum to 0.04 per cent per annum. This comes two days after BlackRock reduced the fees for two of its ETFs, including its ASX 200 tracker. The fee reduction on the A200 means investors can now access a … Read more
Adviser Ratings appoints chief data officer
Adviser Ratings has promoted chief operating officer Chris Williams to the role of chief data officer. In an update on LinkedIn, the researcher said Williams’ move will help them continue to leverage the power of data to drive growth, innovation, and value for customers, particularly with the growth of their Future Flow Intention research. Replacing … Read more
‘End the super wars’: Govt to legislate objective of super
Treasurer Jim Chalmers is seeking to legislate the objective of super − with a focus on the retirement phase − to guide future policy and successive governments in an attempt to “end the super wars once and for all”.
BlackRock reduces fees on two core iShares ETFs
BlackRock Australia has reduced the fees for its iShares Core S&P / ASX200 ETF (IOZ) and Core Composite Bond ETF (IAF), to 0.05 per cent and 0.10 per cent respectively. IOZ tracks the ASX 200 index and previously had a fee of 0.09 per cent. IAF tracks the Bloomberg AusBond Composite index and previously had a fee … Read more
Zenith makes two new appointments to sales team
Research firm Zenith Investment Partners has promoted Glenn Boyes to the role of head of sales, representing the combined capabilities of Zenith and European-based data analytics provider FE fundinfo to advisers, fund managers and technology partners. Boyes was previously the head of sales for FE fundinfo’s technology and fund manager service offerings. Before this, he … Read more
Opportunity to reform TPD products for members
Total and permanent disability insurance was designed for a time when more people were in manual labour with higher risks. However, the product has not evolved with the changing nature of work, providing an opportunity for stakeholders to reform the current system and introduce product improvements.
AvSuper and ART investigating merger
AvSuper and Australian Retirement Trust (ART) have agreed to investigate merging by signing a Memorandum of Understanding (MoU).
