Weekly market update – week ending 25 September, 2015

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Investment markets and key developments over the past week It’s been another volatile week in financial markets with most share markets (except Chinese shares) dragged lower as global growth worries... Read more continue reading

AFA Excellence in Education Finalists announced

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The winner of the Association of Financial Advisers (AFA) 2015 Excellence in Education Award (the Award), supported by Asteron Life, will be announced on Monday 26 October at the AFA... Read more continue reading

AZ Next Generation Advisory acquires Financial Lifestyle Partners reaching A$1 billion in total AUM

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AZ NGA has signed a binding sale and purchase agreement to acquire 51% Financial Lifestyle Partners (“FLP”) via its Australian subsidiary, AZ Next Generation Advisory Pty Ltd (“AZ NGA”). The... Read more continue reading

Investment co-design sets new dynamic in institutional asset management

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The global low interest rate, low yield investment environment has prompted a number of new trends in the way that Australia’s largest institutional investors source and measure professional asset management... Read more continue reading

AMP Horizons strengthens adviser education program in partnership with Griffith University

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AMP has made further steps in its commitment to increase professional standards in financial advice, announcing a new program with long-term partner Griffith University, to deliver its Adviser Academy course... Read more continue reading

Aussies have never been wealthier

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Financial Accounts; Population Total household wealth (net worth) stood at a record $8,416.8 billion at the end of June 2015, up $225.5 billion or 2.8 per cent over the quarter.... Read more continue reading

ASIC releases second licensing activity report and announces licensing liaison meetings

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ASIC yesterday published its second report on its approach to licence applications. Report 448 Overview of licensing and professional registration applications: January to June 2015 (REP 448) sets out recent regulatory... Read more continue reading

AIA Australia strengthens its adviser distribution team in response to the new Life Insurance Framework

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Leading life insurer AIA Australia yesterday announced the appointment of five new distribution team members as it bolsters its adviser support resources in response to impending transition to the new Life... Read more continue reading

The FOMC script – Another change and fruther delay in normalisation

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The Fed decided to delay the normalisation of official rates—primarily because of global financial and economic uncertainty, which, in its view, temporarily overshadowed stronger labor markets and a better-than-expected domestic... Read more continue reading

Blue Sky Hedge Funds reaches $100 million and wins big

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Australia’s Blue Sky Dynamic Macro fund (IS16E) won Best Macro Fund at the HFM Asia Hedge Fund Performance Awards in Hong Kong on Tuesday night. The fund was also a finalist... Read more continue reading