The team at Loomis Sayles has released a research note advising investors to prepare for the transition from pandemic to endemic. Every time a new Covid variant is born, the market is hit with fear and uncertainty as investors brace for the potential economic impact. Loomis Sayles says, “it’s important to pay attention to new…
Perennial Partners’ sustainable small cap equities fund, the Perennial Better Future Trust, was up 2.4% net of fees in December, beating the S&P/ASX Small Ordinaries Accumulation Index’s return of 1.4%. The trust has been in operation for almost four years, since inception in February 2018, and has grown to exceed $100 million in assets. The…
Morningstar has released its “top-performing global equity fund managers in 2021” report. This year, the funds that performed the best contained a well-disciplined approach to investing, together with an experienced team capable of producing high-performance numbers. The research report found that the top three global fund managers also had outstanding longer-term performance numbers. What this…
HUB24 (ASX:HUB) – Shares in the leading wealth management platform are rallying on the back of record second-quarter net inflows of $3.6 billion. This includes $349 million moved to the new Rhythm Super product, a private-label wealth management platform owned by Insignia Financial (ASX: IFL), the former IOOF. The strong quarter means the group is…
While the government’s Your Future, Your Super (YFYS) reform package, which took effect last July, has been widely derided by the industry, it is the first step in a move to requiring the industry to improve its efficiency, transparency and accountability. One of the unexpected consequences of the YFYS changes is the fact that it…
Praemium (ASX:PPS) shares are up almost 4% at the time of writing following the announcement of strong growth during the second quarter. The platform recorded funds under administration of $49bn with net inflows up 12% on the same quarter last year and has closed the gap with Netwealth’s $50bn. Key results for the second quarter…
Leading thematic manager, Capital Group, is confident that the market downturn of 2020 was short-lived and entirely related to the COVID-19 outbreak, according to vice-chairman and president, Rob Lovelace. Â Expanding on this point, he says that the “the powerful upswing in equity prices since then is simply a continuation of the bull market we’ve…
Dissatisfied with the way in which financial advisers are being treated, the Association of Independently Owned Financial Professionals (AIOFP) has taken a stand, launching a political movement to voice their concerns. The body says, “the current Coalition government have unfairly targeted financial advisers for their own political purposes. Consumers have become collateral damage by either…
China is far and away the world’s largest carbon dioxide emitter, accounting for close to 30% of global carbon emissions, according to the International Energy Agency (IEA) – double the 15% for the US and 9% for the European Union. Robeco’s Jie Lu has released a detailed research report which takes a thorough look at…
Dwindling financial adviser numbers have dropped below the 20,000 mark, hitting a five-year low. And although it’s been a difficult few year for some wealth managers, others have evolved during the pandemic, finding themselves head and shoulders above the rest. Sequoia Financial Group (ASX: SEQ) is one of these, having recently acquired Topdocs Legal, a…
