Franklin Templeton uncovers second Aussie alts fund for wealth clients

Franklin-Templeton/Alternatives/private-equity/private-markets/

The global asset manager is launching its second alternatives fund for Australian wealth clients, focusing on private equity investment opportunities.

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Relative Return Insider: Could the election landslide prompt more ambitious reforms?

Podcast/Relative-Return/

In this week’s episode of Relative Return Insider, AMP chief economist Shane Oliver joins the show to unpack the

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Advice industry haunted by ‘multiple black swan events’: FAAA

phil-anderson/ASIC/CSLR/

There are “multiple black swan events” threatening the financial advice industry currently, according to the FAAA’s Phil Anderson, potentially running up the compensation bill for advisers.

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FAAA, SIAA urge further review of advice documentation

Sarah-Abood/siaa/SOAs/financial-advice/advice-documentation/

Despite the government agreeing to replace SOAs with CARs, the FAAA and SIAA believe greater streamlining of documentation is needed for the change to have a positive impact on advisers.

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Sequoia appoints licensee head from AMP

Sequoia-financial-group/Sequoia/amp/appointment/

Former national business growth manager at AMP Advice has taken a new role at Sequoia Financial Group.

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Has ESG label become too overloaded among investors?

ESG/responsible-investing/responsible-investment/nanuk-asset-management/nanuk/

With the ESG label often causing confusion among investors, Nanuk Asset Management has encouraged financial advisers to use more plain, specific language with their clients.

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GBST evolves tech platform to meet changing adviser needs

GBST/technology/platform/financial-advice/

Advice technology firm GBST has upgraded its WealthConnect platform to meet the evolving needs of advisers.

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US credit manager targets Australia with wholesale fund launch

Channel-Capital/fund-launch/credit/

US alternative credit manager Apollo Global Management is viewing Australia as a “priority market”, as it launches a fund for Australian wholesale investors with Channel Capital.

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Pinnacle unveils Women in Asset Management Scholarship Program

Pinnacle/Pinnacle-Investment-Management/gender-equality/gender-diversity/

The investment manager has launched a new scholarship and career development program to promote women entering the asset management industry.

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The crucial considerations when switching clients into alternatives

fixed-income/private-credit/Mercer-Investments/asset-allocation/

Two commentators have shared why the inclusion of alternatives in a diversified portfolio shouldn’t be a simple switch with a traditional asset and will depend heavily on clients’ objectives.

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