American Century identifies demographic divides across impact investing

Funds-management/investment-trends/impact-investing/American-Century/

A disparity in demand for impact investing across gender, age, and nationality has been identified in new research conducted by the global asset manager.

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Is a US recession on the cards after all?

Bank-of-America/

Despite overwhelming pessimism for US markets going into 2023, the tide seems to be turning, with forecasts now mixed on a potential downturn.

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The race to acquire long-term clients: Netwealth

netwealth/

Wealth managers and advisers are racing to manage the next generation of investors and additional high net worth individuals among several trends facing the industry.

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Investment launches prompts BDM bonus hikes

bonuses/

The increased variety of investment products coming to market has fared well for fund management distribution employees with top performers seeing bonuses of over 80% of their salary.

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National Advice Solutions convicted for unlawful super advice

anti-hawking/

The financial services company has been hit with a $70,000 penalty for violating anti-hawking regulations.

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HUB24 profits surge despite dip in inflows

platform-provider/technology-platform/Funds-management/financial-advisers/

The investment funds platform has reported an 87% surge in its statutory net profit despite subdued net inflows.

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Frontier Advisors appointed asset advisor to the University of Adelaide

South-Australia/

The investment advisory firm would work on the strategy, structure and monitoring of the university’s endowment fund.

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Platinum launches global transition ETF

Platinum-Asset-Management/ETF/ESG/

Platinum has launched the Platinum Global Transition fund, aiming to invest in global ESG-focused companies.

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Allianz Retire+ launches guaranteed retirement income product

allianz-retire+/retirement/APRA/product-launch/

Allianz Retire+ has launched a retirement income product offering guaranteed income for life with 10 million people expected to retire over the next 20 years.

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Charter Hall takes 1H23 earnings hit

half-year-results/

The property investment and funds management firm has reported weaker earnings and a 56% plunge in statutory profit in its latest financial results update.

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