Low stickiness impacts Insignia's competitive standing: Morningstar

platform/mlc/insignia/private-equity/Hayne-Royal-commission/

While the acquisition of Insignia by CC Capital will help the business, Morningstar believes customer and adviser loyalty will be key as to whether it can regain its pre-royal commission standing.

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Evidentia principal jumps to Ascalon; Drummond appoints practice growth head

research-house/asset-consultants/managed-accounts/hires/

Ascalon Capital has continued its raid of research houses with three appointments from Zenith, Evidentia and Lonsec, while Drummond Capital Partners has appointed a head of practice growth.

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China leading in global AI investment

China/technology/Asia/artificial-intelligence/

The global investment market is looking to China as a roadmap to success, as the nation pioneers technological development in AI and robotics, Australia-China Relations Institute Professor Marina Yue Zhang has said.

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Regal FUM rebounds after Opthea losses

regal/Regal-Partners-Limited/FUM/Alternatives/

Regal Partners has regained the funds under management lost after the Opthea failure to close out the financial year at $18.9 billion.

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Robeco appoints CIO as incumbent departs after 25 years

robeco/CIO/appointments/hires/

International asset manager Robeco has appointed a new chief investment officer as incumbent Mark van der Kroft departs the firm after 25 years.

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Relative Return Insider: The business of cyber criminals

Podcast/Relative-Return/

In this episode of Relative Return Insider, host Keith Ford is joined by Cyber Daily deputy editor David Holling

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ASIC bans 2 former MWL Financial advisers

ASIC/enforcement/financial-advice/

ASIC has banned another two former financial advisers of MWL Financial Services for making inappropriate advice to clients regarding the Shield Master Fund, following two bannings earlier this month.

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How much do Aussie consumers trust their adviser?

financial-advice/vanguard/CoreData/

Two surveys from CoreData and Vanguard have shared the level of trust the Australian public has in financial advisers, and how it has changed since the Hayne royal commission.

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Australian Ethical manager to exit after 20 years

Australian-Ethical/exit/fund-management/fund-managers/australian-equities/

Australian Ethical Investment has announced the resignation of Andy Gracey, a portfolio manager and 20-year veteran of the firm.

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FAAA pins hopes on Dixon inquiry success

CSLR/Senate-Economic-References-Committee/financial-advice/Dixon/Dixon-Advisory/phil-anderson/AFCA/

The Financial Advice Association Australia has stated it is “working closely” with the Financial Services Minister, Daniel Mulino, to remount the inquiry into Dixon Advisory by the Senate economics references committee.

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