Managed Accounts completes Linear merger and commences integration

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Managed Accounts Holdings Limited (ASX: MGP) has completed its acquisition of Linear Financial Holdings Pty Ltd (Linear) following the successful raising of $34 million from high quality institutional and sophisticated investors, most new to MGP’s share register. MGP Executive Chairman, Don Sharp said, “The MGP and Linear teams, with the strong support of Sirius Capital Partners, […]

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Australia’s post-GFC bull market delivers windfall for super funds

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Ten years since the start of the global financial crisis, Australia’s top super funds have made up for lost time, with investors benefiting from the longest bull market rally since the end of World War II. While the financial crisis was a major challenge for retirees, SuperRatings’ analysis shows that Australia’s superannuation investors have enjoyed […]

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ARCO responds to market demand with a new daily-liquid absolute return offer

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Chaired by industry veteran, Bruce Loveday, ARCO Investment Management (ARCO) has launched its daily-priced ARCO Absolute Return Fund, in response to investor feedback on its long-established Australian equities, absolute return strategy. Mr Loveday is the former Chairman of Bennelong Funds Management Limited and Praemium Limited, and currently serves as Chairman of Burnham Capital, part of the […]

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2017 Consumer Choice Awards – Which life insurers deliver what consumers want?

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The Association of Financial Advisers (AFA) and the Beddoes Institute are hosting the second Consumer Choice Awards (the Awards) which is underpinned by Beddoes Institute’s 2017 Policyholder Perceptions Study and Claimant Journey Study. The Awards give people who hold life insurance policies (policyholders) via financial advisers and people who make claims (claimants) on those policies, […]

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Wage growth lifts from lows; Watchful consumers

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Wage Price Index; Consumer confidence Consumer confidence: The Westpac/Melbourne Institute survey of consumer sentiment fell by 1.7 per cent in November after lifting 3.6 per cent in October and rising 2.5 per cent in September. The index now stands at 99.7 (long-term average 101.7). A reading above 100 denotes optimism. Wage growth: The wage price index […]

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Schroder Equity Opportunities Fund added to Netwealth platform

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Schroders is excited to announce that Netwealth has added the Schroder Equity Opportunities Fund to its super and investment solution. The Schroder Equity Opportunities Fund is now available via Macquarie Wrap, HUB 24, mFunds and Netwealth. Lonsec has given Schroder Equity Opportunities Fund an initial rating of Recommended. Graeme Mather, Head of Distribution says “We […]

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Media Super appoints General Manager, Investments

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Media Super, the industry super fund for print, media, entertainment and the arts, has appointed Norman Zhang to the newly-created role of General Manager, Investments. Zhang will be responsible for managing $5 billion of assets for over 85,000 members. Zhang joins the Fund from his position as lead consultant for Media Super at Frontier Advisors. Prior […]

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Nikko Asset Management launches ARK Invest strategy with Morgan Stanley in Australia

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Nikko Asset Management (“Nikko AM”) and Morgan Stanley Wealth Management yesterday announced the introduction of the Nikko AM-ARK Disruptive Innovation Separately Managed Account (SMA). The SMA offering is the first of its kind in Australia and will be available to Morgan Stanley Wealth’s Australian clients Catherine Wood, Founder and Chief Executive Officer/ Chief Investment Officer […]

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Vacancy rates dips in October

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Data released by SQM Research this week has revealed the national residential vacancy rate was 2.1% in October 2017, with the number of vacancies Australia-wide falling to 67,781 – a slight drop on the month of September. Hobart’s vacancy rate fell to a record low of 0.3%. Hobart’s vacancy rate is now the lowest on […]

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Thoughts on the week ahead from Steve Waddington at Insight Investment – as at 14 November, 2017

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After a relatively calm week in terms of releases, this week is packed with inflation announcements. In addition to the key US consumer price index (CPI) report on Wednesday, we also have UK CPI Tuesday. The CPI for Germany and France on Tuesday and Wednesday respectively should give an indication as to eurozone inflation on […]

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