Elston appoints investment specialist from Morningstar

elston-asset-management/Elston/hires/morningstar/

Elston Asset Management has announced the appointment of Clint Abraham as its new investment specialist.

AUTHOR

Super funds investing at least $25bn in fossil fuel expansion

climate-change/super-funds/fossil-fuels/Superannuation/

New analysis has found the 15 largest funds are collectively investing at least $25 billion into opening new coal, oil, and gas projects despite commitments to tackling climate change.

AUTHOR

Significant shake-up ahead for RBA

RBA/Philip-Lowe/monetary-policy/

Already headlining as one the largest shake-ups in the Reserve Bank of Australia’s history, the central

AUTHOR

Will experience pathway help stem adviser exits?

Wealth-Data/experience-pathway/infocus/insignia-financial/

The extension of the experience pathway by two extra years means another 424 advisers lacking degrees could be eligible as the industry sees double-digit departures this week.

AUTHOR

Are emerging markets now a ‘safe haven’ for investors?

emerging-markets/inflation/Maple-Brown-Abbott/blackrock/Fidelity-International/

As developed economies continue to tackle inflationary pressures, emerging markets are rebounding over their inflation curve and into a growth period.

AUTHOR

Lonsec appoints executive director from Franklin Templeton

lonsec/hires/Franklin-Templeton/

Following Lonsec’s acquisition of Implemented Portfolios in 2022, the research partner has announced the newly created role of executive director adviser sales and service.

AUTHOR

Credit crunch concerns prompt fixed income flight

Bank-of-America/fixed-income/equities/

Investors are the most underweight to equities relative to bonds since the Global Financial Crisis as fears of a credit crunch drive up fixed income allocations.

AUTHOR

Iress announces management restructure and job cuts

iress/review/

Following a strategic review of its business, Iress has made changes to its senior leadership teams, launched a new innovations division and announced a 10 per cent headcount reduction.

AUTHOR

How can the $3m super tax proposals be improved?

Jim-Chalmers/treasury/smsf-association/FSC/

Indexing the $3 million threshold and using actual earnings to calculate tax are among suggestions from associations to the Treasury super concession consultation, described as a “tax grab” in its current form.

AUTHOR

Asset managers remain dovish on equities and bonds

T.-Rowe-Price/blackrock/asset-allocation/

Despite the early-year rebound in the equities market and expectations of an easing in monetary policy conditions, equities and long-term bonds remain out of favour with global asset managers.

AUTHOR

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months 3 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months 4 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

5 months ago

ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....

2 weeks ago

The corporate regulator has issued infringement notices to three AFSLs whose financial advisers provided personal advice to a retail client while unregistered....

2 weeks 5 days ago

ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test....

3 weeks 3 days ago