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As the Covid-19 pandemic continues to rattle global economies, cryptocurrency â€” and its most popular “coins,” Bitcoin and Ethereum â€” has proven to be an enticing asset for a flood of both new and experienced, opportunistic investors. 2021 has seen many highly regarded financial institutions enter the fray, with suggestions that the next-generation asset class may be emerging as…

The Musical Chairs report released by Adviser Ratings offers insightful data on the wealth management industry after undergoing significant changes over the last five years. As advisers return to the office, with the occasional small COVID-19 outbreak, movement between firms continues. The first quarter saw 2.2 per cent of advisers move to a new licensee,…

Inside Appointments covers all the key moves this week Crestone nabs big bank defectorsCrestone has appointed six new investment advisers to its Brisbane team in response to increased demand from its growing Queensland client base. Two of the newest additions to the team – John Paul Geribello and Jason Poppi, who came on-board in June…

Joseph Lai, the top-performing Asia equities manager who resigned from Platinum Asset Management on December 29 last year, is set to join Fidante’s new boutique, Ox Capital. He will reportedly link up with another long-term emerging markets specialist, Doug Huey. The two had worked together at Platinum, where Huey was an investment analyst, prior to…

Property fund manager Charter Hall’s Direct Long WALE fund has received a “Recommended” rating from Zenith Investment Partners. Standing for “weighted average lease expiry,” the fund is managed by a five-person investment team responsible for the full suite of Charter Hall’s direct unlisted property funds. The focus is on identified well-tenanted, long-term direct property assets…

Markets are on the rebound from last week’s hefty losses which came on the back of hawkish Federal Reserve commentary. The recovery is also hoping that this week’s Fed’s speakers aren’t as hawkish as the dot plot suggests. The dot plot indicates the high probability of an interest rate rise in 2023, a year earlier…

Independent fund manager, Barwon Investment Partners, which manages more than $2 billion on behalf of its clients, will shortly launch the Barwon Disability Accommodation Fund. The property and “impact investment” fund is open-ended in structure and will target wholesale investors seeking returns from properties in the Australian specialist disability accommodation (SDA) sector, under the NDIS…

If investors ever had any concerns about whether the Perennial ‘Better Future’ strategy was giving up any potential returns through its ESG orientation, the actual results should put them to rest. The strategy, available through a standard unlisted unit trust, the listed active managed fund vehicle (ASX: IMPQ) and mandates on request, has averaged 14.7…

Even in ethical and responsible investing, ‘there will always be winners and there will always be losers, not everything is going to win’. They were some of the words of wisdom offered by Mike Murray, Head of Domestic Equities at Australian Ethical. What began as a boutique, niche ethical fund manager has grown into a…

Thematically focussed funds have been the big winners in fund flows in the past three years, but most themes have turned out to be fads, new research shows. According to Morningstar’s latest ‘Global Thematic Funds Landscape Report’, link here, over the three years through March 2021, collective assets under management in the 1,349 thematic funds…

The Melbourne-based cryptocurrency exchange Cointree is one of Australia’s first and longest running crypto exchanges having launched in 2013. We were recently able to spend some time with the CEO of Cointree, Shane Stevenson to discuss recent events in the cryptocurrency and digital asset markets along with understanding where Cointree sees the future of the…

The Australian Securities and Investment Commission, regulator of the financial adviser industry, this week released their long-awaited guidance regarding Ongoing Fee Arrangement changes set to come into force on 1 July 2021. In a positive move for advisers struggling under reams of compliance paperwork, the guidance replaced Regulatory Guide 245 and offers a straightforward commentary…