AMP appoints deputy chief economist

amp/diana-mousina/Shane-Oliver/

Senior economist Diana Mousina has been promoted to the role of deputy chief economist, working alongside Shane Oliver.

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Management changes as SG Hiscock takes over abrdn funds

abrdn/SG-Hiscock/australian-equities/

SG Hiscock has announced management changes to the abrdn Australian Equity funds following the announcement of a strategic partnership between the two firms.

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Strong bond returns prompt Vanguard fee cut

vanguard/ETFs/blackrock/fees/

Vanguard has cut fees on its Australian fixed income ETF as Australian bonds post their highest quarterly return in a decade.

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‘Prudent’ pause does not point to hiking halt: Lowe

RBA/interest-rates/Phil-Lowe/inflation/

The RBA remains open to further rate tightening amid speculation of an end to the cycle.

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Challenger sells CRE real estate business

challenger/real-estate/M&A/

Challenger has announced it will sell its Australian real estate business, CRE, to Elanor Investors Group for $42 million.

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New FAAA members to dominate FAR

ASIC/financial-adviser-register/Wealth-Data/FPA/AFA/

If all FPA/AFA members join, over half of the Financial Advisers Register could be members of the new FAAA and the organisation will have to work to meet the needs of the various different licensees.

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Where do Australian equities stand against 2023’s choppy waters?

portfolio-management/australian-equities/Alphinity-Investment-Management/Ariel-Investments/Pendal-Group/Global-X-ETFs/Ausbil-investment-Management/

With market volatility and interest rates keeping investors on their toes, equity managers say they’re keeping a close eye on how the asset class performs over the next 12 months.

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How many more adviser departures could the industry see?

Adviser-Ratings/adviser-numbers/Stephen-Jones/experience-pathway/

Data from the latest Adviser Ratings’ Landscape Report of adviser sentiment has found there could still be thousands more exits over the next few years as a question mark hangs over the experience pathway.

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UBS tipped to re-enter Australian wealth space

UBS/credit-suisse/wealth-management/

The firm's emergency rescue of Credit Suisse could mark its return to wealth management in Australia.

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Maple-Brown Abbott rebrands Responsible Investment fund

maple-brown-abbott/emma-pringle/responsible-investment/sustainable-investing/

Maple-Brown Abbott has changed the screening process for its $35 million Responsible Investment fund to allow a greater focus on sustainability, renaming it the Australian Sustainable Future Fund.

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