Zenith upgrades Nikko AM Australian Bond Fund to ‘Recommended’

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Nikko Asset Management Australia (Nikko AM) has announced that its Nikko AM Australian Bond Fund received an upgrade to ‘Recommended’ from Zenith Investment Partners on 16 April 2020. This comes after the Nikko AM Australian Bond Fund received a Bronze Analyst Rating from Morningstar and an upgrade to ‘Recommended’ from Lonsec earlier this year. The […]

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ETF Securities launches investor education ‘Partners Series’ making sense of the new normal

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In this unprecedented crisis, ETF Securities have collaborated with leading Australian and international investment professionals to discuss the big issues of the day and what these mean for investors. Titled ‘Partner Series’, these are weekly, online video discussions that seek to assist financial advisers and individual investors with relevant insights and views from various industry […]

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COVID-19 prompts spike in online banking, says MyState Bank

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MyState Bank customers are embracing digital banking and contactless payment technologies as a substitute for cash during the COVID-19 (Coronavirus) emergency. Recent data from MyState Bank reveals a significant shift in payment habits as customers become increasingly comfortable with card-based transactions and online banking. The share of overall transactions, comprised of ATM usage and cash […]

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Businesses should use hibernation phase to position for long-term recovery

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Any steps taken by businesses now to review key functions such as funding models and service delivery could be instrumental in determining their viability on resumption of normal trading, according to restructuring and risk advisory partner at HLB Mann Judd Sydney, Todd Gammel. Mr Gammel said business owners should be utilising the current “hibernation mode” […]

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Household Capital adds UK home equity market expertise to team

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Household Capital, an independent, specialist retirement funding provider has announced it has expanded its team with the addition of key expertise in retirement funding customer operations. Jay Sewell has joined Household Capital from UK-based Age Partnership, a leading provider of home equity funding. Jay held the role of Head of Retirement Funding for eight years, […]

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BNP Paribas Securities Services and BlackRock announced a strategic alliance

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BNP Paribas Securities Services and BlackRock Solutions have entered into a strategic alliance via Aladdin Provider to deliver integrated investment management capabilities to mutual clients. As pressure increases to drive efficiency, asset managers and asset servicers are refining their operating models to streamline operational activities and technology, creating closer integration along the investment lifecycle. This alliance […]

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Pengana host fund manager webinar series to provide pandemic insights to advisers and investors

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With exploding market volatility, extensive business disruption, and unprecedented levels of uncertainty in the midst of a global pandemic, Pengana Capital Group is hosting a series of webinars to provide the unique insights of their various investment teams. CEO Russel Pillemer said the webinars in March and April have been extremely well received, with engaged […]

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Aviva Investors expects deep global recession in 2020

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Aviva Investors, the global asset management business of Aviva PLC, expects that the containment measures imposed because of the COVID-19 virus will result in the deepest global recession of the post-war period. The medical shock is still evolving and growing; the scale of the economic shock has yet to be felt fully, but it will be […]

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TAL Risk Academy webinar supports virtual financial advice

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TAL, a leading Australian life insurance specialist, has launched a new webinar to help financial advisers successfully manage their businesses in a virtual environment. Run through their industry-leading education program, TAL Risk Academy, the webinar focuses on providing advisers with tools and resources to deliver quality service to their customers in the current environment. It features insights […]

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Powerwrap adds Chi-X TraCRs and Funds to HNW platform

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Powerwrap, the listed platform provider for high net worth investors, has become the latest in a growing number of wealth management groups to add Chi-X Australia’s innovative product suite to its offering. Yesterday’s announcement follows the recent launch of ten additional Chi-X TraCRs driven by increased trading volumes and awareness among Australian investors, retail brokers […]

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