HUB24 net flows down after recording breaking quarter
HUB24 has received net inflows of $2.8 billion in Q2 FY23, down 23.6 per cent compared to record inflows achieved in Q2 FY22, according to the platform provider.
Apex awarded Capital Prudential Real Estate Master Trust mandate
Capital Prudential Manager has appointed global financial services provider Apex to support the Capital Prudential Real Estate Master Trust.
Hughes to depart ASIC and join Vanguard
ASIC commissioner Sean Hughes will end his term on 3 February 2023, after accepting a role with Vanguard as Australian head of office of general counsel.
Students take on the challenges of engagement and default fund design
Through UNSW’s Sandbox program students recently explored the important challenges of engagement and default fund design. A great example of collaboration to develop industry talent.
DomaCom sees client boost, re-lists on ASX
Fractional investment platform for advisers, DomaCom, has reported customer accounts numbered 2,180 by the end of the December 2022 quarter, 49 per cent year on year (YoY).
Performance test threatens long-term member outcomes
The introduction of the landmark Your Future, Your Super (YFYS) reforms and the subsequent performance test has spurred widespread change in the superannuation sector.
Don’t ignore culture in trying to solve the investment puzzle
Better internal investment integration and co-ordination will underpin long-term returns for two of the world’s largest investors, but they’re also closely focused on how cultural issues – including diversity and team-building – affect whole-enterprise performance.
Managed account product launches double
The number of managed account product launches in 2022 doubled compared to the rolling five-year average, according to data from APIR Systems.
Talaria appoints Elizabeth Ninness as COO
Talaria Asset Management has appointed Elizabeth Ninness as chief operating officer, replacing Rhys Cahill, who held the position since November 2020.
‘We see Australia being the lucky country again in 2023’: VanEck
According to the latest VanEck Australian Investor Survey, Australian equities are the preferred investment destinations in 2023, with 70 per cent of investors planning to start or increase their allocation.
Pendal shares to be suspended following legal approval of acquisition
Pendal shares will be suspended from the ASX after the NSW Supreme Court approved the fund managers acquisition by Perpetual.
Bennelong appoints new global CEO
Bennelong Funds Management has appointed John Burke as its new global CEO.
