AMP Capital will be appointing three non-executive directors (NEDs) to its Responsible Entity (RE) and trustee boards following a comprehensive internal review of the boards”investment governance and oversight. Following the appointment of John Nesbitt (Chair), Ming Long and Peter Rowe, the AMP Capital Funds Management Limited (AMPCFM) and AMP Investment Services Pty Limited (AMPIS) boards […]
continue readingLGM Investments, BMO Global Asset Management’s specialist emerging markets manager, yesterday announced that the BMO LGM Global Emerging Markets Fund has been added to one of Australia’s leading investment platforms, HUB24. The fund has been added to HUB24’s IDPS and Superannuation menus. “Investor demand for quality emerging market asset managers is growing,” said Michael Angwin, Intermediary […]
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21
Jul
2017
Commonwealth Bank Business Sales Index Economy-wide spending posted firm growth in June according to the Commonwealth Bank Business Sales Indicator (BSI). In trend terms the BSI lifted by 0.7 per cent in June after a similar gain in May. The annual trend growth in sales lifted from 8.5 per cent in May to 9.0 per […]
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21
Jul
2017
The Principles for Responsible Investment (PRI) assess responsible investment activities across the industry each The PRI has awarded Martin Currie an ‘A+’ (highest performance band) for each of the three top-level categories: ‘strategy and governance’, ‘incorporation’ and ‘active ownership’. It achieved a rating increase to A+ for ‘active ownership’, in addition to maintaining A+ ratings […]
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21
Jul
2017
The SMSF Association’s 2017 Technical Day sessions are throwing some much-needed light on the superannuation changes that became law in late 2016 and took effect on 1 July this year. SMSF specialist Julie Taylor, who is the founder-owner of SMSF administration business, Keep It Simple Super, says the impact of the new regulations is just […]
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20
Jul
2017
ANZ Wealth has launched its third series of APEX Lunch and Learn Webinars, helping advisers to remain informed during a period of ongoing industry and regulatory change. The short, accessible, digital programs educate advisers on topics ranging from insurance industry issues, platforms and investments, technical and soft skills to practice management. ANZ Wealth Head of […]
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20
Jul
2017
One of the Australian financial sector’s most enduring charitable efforts has announced its 2017 awards event – involving the unusual combination of hedge fund managers and rock music. Hedge Funds Rock (HFR) & The Australian Alternative Investment Awards event is an annual charitable event running in conjunction with the Alternative Investment Management Association’s (AIMA) Australia […]
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20
Jul
2017
TH Real Estate, an affiliate of asset manager Nuveen and one of the world’s largest real estate investment firms with over $99 billion under management, has appointed Melissa Reagen Head of Research for the Americas region, reporting to Chris McGibbon, Head of TH Real Estate Americas. Reagen is based in New York City and joins […]
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20
Jul
2017
managedaccounts.com.au (ASX:MGP), one of Australia’s leading managed discretionary account (MDA) providers, has been selected to build and implement a MDA service for Sydney based advisory group The Wealth Partnership, which manages substantial portfolios for HNW and SMSF clients. The appointment, which followed an extensive review, reflects growing demand for bespoke MDAs as a model of […]
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20
Jul
2017
It was way back in May 2013 when PIMCO first uttered the phrase “The New Neutral” in relation to Australia’s cash rate. At that time, we estimated the “New Neutral” rate for Australia to be about 3%. We stand by that view. Today, over 4 years later, the RBA explicitly referenced 3.5% as their estimate […]
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20
Jul
2017
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