Specialist self-managed super fund advisers need to tread cautiously before giving a client “wholesale investor” status.
The fact that just 281 complaints were lodged about ‘failure to act in client’s best interests’ and 241 for the providing “inappropriate advice’, shows the legislative changes may well be having a positive impact on the industry.Â
Australia’s leading ethical investment manager, Australian Ethical, is set to grow its already significant $6.2 billion in assets under management after formalising a partnership with Christian Super.
With both equity and traditional fixed-income investments having exhibited significantly more volatility than most expected, and unfortunately at the same time, understanding and redefining what constitutes a defensive asset is central to managing portfolios in the “new normal” of higher inflation and interest rates.
News that two major Chinese cities are finally emerging from their COVID-19 lockdown slumber has once again highlighted the huge opportunity set available in Asia.
After five years of compounding compliance and regulatory requirements combined with higher costs in every part of their business there are a number of potentially positive catalysts on the horizon.
Franklin Resources, the parent company of Franklin Templeton, a global asset manager with over US$1.5 trillion ($2 trillion) in assets under management, has bought private debt manager Alcentra from BNY Mellon.
There is a common belief among the investment community that infrastructure and other real assets are little more than a “bond proxy”.
Absolute return or ‘market neutral’ equity strategies as they are widely known, may well be one of the most difficult approaches to understand for many advisers, but also to manage successfully over the long-term for portfolio managers.
John Abernethy’s listed funds management firm, Clime Investment Management (CIW) purchased its second wealth management firm, Melbourne’s MTIS Wealth Management for $7 million last week.
