News

Bryan Gray, a genuine stalwart of, and major contributor to, the strong position of Australia and New Zealand’s asset servicing sector, has retired. He spent 12 years at State Street followed by nearly 20 years at J.P. Morgan. Gray is the only person to have been chair of the Australian Custodial Services Association twice, in…

Barwon Investment Partners this week announced that their long-standing Healthcare Property Fund had received a ‘recommended’ rating from independent research house Zenith Investment Partners. The group, named after the Barwon River in Sydney and founded in 2006, has built a niche assisting wholesale and institutional investors and now manages over AU$1.5 billion in assets. The…

Revolution Asset Management, a specialist private debt manager under the Channel Capital stable, has announced new appointments to its investment team to meet growing demand from institutional and wholesale clients.  Lucie Bielczykova and Steve Sutinen will be joining the growing firm as assistant portfolio manager and portfolio manager respectively. Established in 2017, Revolution has grown…

Are your clients asking you why they don’t hold Tesla? If they have an exposure to lithium? Are they looking for an exposure to the renewable energy boom? ETF Securities’ Battery Technology and Lithium ETF, carrying the ASX ticker ACDC, has been seeing significant inflows from investors, as interest in Tesla and all things sustainable…

The Asian middle class, but particularly that in China and India, is one of the fastest growing-population cohorts in the world; and potentially, the most important long-term thematic for investors. The scale of growth in the middle-class is unprecedented, and will have far-reaching impacts on consumption patterns ranging from luxury goods, to staples, banking, financial…

It has been a busy start to the year for JP Morgan Asset Management (JPMAM), with the recently launched Global Macro Sustainable Fund seeking to capitalise on a profound structural shift in global investor preferences toward sustainability. Investors and advisers are increasingly seeking out less-correlated alternative asset classes and to ensure their investments are having…

Australian multi-affiliate shop, Apostle Funds Management, will roll-out an exchange-traded fund (ETF) version of a well-established active global equities strategy. According to a release, the soon-to-be-launched Apostle Dundas listed fund will carry a total management fee of 0.9%, “well below the category median” of 1.35%. Karyn West, Apostle managing director, said in the statement that…

“Green-washing” and ESG may have been the most popular words in funds management in 2020, as consumers became more interested in where their capital was being invested and what it was being used to support. An extensive list of events ranging from Westpac’s money-laundering scandal, to Rio Tinto’s sacred-sites explosions and staff under-payments, has challenged…

Leading global equity manager GQG Partners, which is now just five years old, is now four times larger than home-grown Platinum Asset Management and closing in on Magellan. Named for the core of its investment philosophy ‘Global, Quality, Growth’ the experienced team managed to add another US$36 billion in assets under management in 2021 even…

The departure of top performing Asia Fund manager Joseph Lai before Christmas has forced contrarian value manager Platinum Asset Management into some leadership changes. The company announced to the ASX recently that Clay Smolinksi, who is currently the Portfolio Manager of the Platinum International and Unhedged Funds would be promoted to co-CIO with Andrew Clifford….

The Australian Tax Office (ATO) has flagged an increase in both the Transfer Balance (TBC) and Total Superannuation Balance (TSB) caps, which impact everything from the eligibility to make contributions, tax exemption of earnings and even the co-contribution. Following the release of the consumer price index (CPI) figures earlier this week, the TBC and TSB…

Troy joined the Koda Capital team in late 2019 as an Adviser and Partner, but brought with him extensive experience across self-managed superfunds, trusts and companies, which allowed him to quickly cement his position within the independent wealth management firm based in Melbourne. While he does have an impressive history of positions among some of…