Perennial Value research reveals value investing comeback is near

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Valuation dispersion in domestic shares is nearing record levels as Australia approaches its tenth year of a bull market, meaning the conditions for value investing to outperform could be near, according to a new white paper from Perennial Value Management (Perennial Value). The white paper; Time to shift gears from Momentum to Value Investing, notes that […]

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HUB24 to provide platform solution for Patersons Securities Limited

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Leading financial services company HUB24 Group (ASX: HUB) has announced a new partnership with Stockbroking and Wealth Management firm Patersons Securities Limited (Patersons), who have selected HUB24 to provide a platform solution for its national adviser network. Patersons is one of Australia’s most established wealth management firms, advising on approximately $13.5 billion in CHESS-registered assets […]

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Parametric wins first tax-managed factor mandate

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Global specialist implementation manager Parametric has been awarded an AUD200 million custom global equities mandate by a large Australian superannuation fund. The super fund, which has requested anonymity, commissioned Parametric to create a portfolio to capture the super fund’s views around exposures to particular risk factors in global equity markets and address concerns about unintended […]

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Royal commission moves into solution mode

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Proposed superannuation industry reforms from the Royal Commission are likely to cover four main themes including simplification of the law and of disclosure requirements, appropriate civil penalties for breeching best interests duty and an end to grandfathered commissions, says Jonathan Steffanoni, Principal Consultant, Legal & Risk at QMV. “The future of financial product disclosure probably […]

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TAL launches adviser-focused health insurance offering with nib

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TAL, a leading Australian life insurance specialist, has announced the launch of a TAL health insurance offering through its partnership with nib, one of Australia’s leading health insurers. Initially offered through a select group of financial advisers, the TAL health insurance offering will enable advisers to refer customers to the TAL health insurance team at […]

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Mutuals growth slows but profit up as margin squeeze abates

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2018 saw Australia’s mutual banks, building societies and credit unions (the ‘Mutuals’) continue to grow in an environment characterised by low interest rates, increased competition, a new wave of technological innovation and evolving customer preferences. KPMG Australia’s Mutuals industry review 2018 finds that Mutuals’ balance sheets grew 5.6 percent (2017: 7.3 percent) to $8.9b, while […]

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EQT Holdings Ltd announces new Board Director

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EQT Holdings Limited (ASX: EQT) is pleased to announce the appointment of a new non-executive director Tim Hammon, effective 1 December 2018. EQT Chairman Jeff Kennett said: “Tim comes to Equity Trustees with an excellent mix of experience aligned with the responsibilities that come with being on the Board of a 130 year old Australian […]

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AXA IM partners with RIAA to assist financial advisers navigate responsible investing

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Nine in ten Australians expect their assets to be invested responsibly,1 creating an opportunity for financial advisers to implement responsible investment (RI) strategies on behalf of their clients, according to AXA Investment Managers (AXA IM) and the Responsible Investment Association Australasia (RIAA). To assist advisers in deepening their understanding of RI, RIAA and AXA IM […]

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Top small cap performer says active management best way to ‘limit downside’

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Active management’s virtues have become more apparent as markets have drifted lower, according to a leading small caps fund manager, who says ‘managing the downside’ is limited in passive investments and often underestimated in overall performance. Richard Ivers, portfolio manager at boutique Prime Value Asset Management, says avoiding the big losers is just as influential […]

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Blackrock appoints Geraldine Buckingham as chair and head of Blackrock Asia Pacific

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BlackRock, Inc. (NYSE: BLK) has appointed Geraldine Buckingham as Chair and Head of BlackRock Asia Pacific, succeeding Ryan Stork, who becomes Deputy Global Chief Operating Officer, based in New York. Both appointments take effect February 2019 and Ms. Buckingham will relocate to Hong Kong from New York. Laurence D. Fink, BlackRock’s Chairman and CEO, said: “Asia-Pacific is one of BlackRock’s most critical priorities. […]

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