Bennelong and Quay launch joint initiative

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Bennelong Funds Management (Bennelong) is pleased to announce a new addition to its stable of boutiques: Quay Global Investors (Quay), a joint initiative between Quay’s principals Justin Blaess and Chris... Read more continue reading

NAB Wealth appoints independent Customer Advocate

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National Australia Bank (NAB) yesterday announced Professor Dimity Kingsford Smith, Professor of Law, University of NSW, as independent Customer Advocate for its wealth advice complaints process, effective immediately. The Customer Advocate... Read more continue reading

Peters MacGregor Capital Management’s Global Equity Fund joins retail platforms BT Wrap & Asgard

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The Peters MacGregor Global Equity Fund, one of Australia’s longest running global equity funds, has been added to the BT Wrap and Asgard platforms. The Fund provides clients with investments... Read more continue reading

BetaShares High Interest Cash ETF upgraded to ‘Recommended’ rating by Lonsec

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BetaShares, a leading exchange traded fund provider, yesterday announced its High Interest Cash ETF (ASX code ‘AAA’) has been upgraded to a ‘Recommended’ rating by Lonsec. AAA, which has been one... Read more continue reading

AFA and ANZ Wealth search for the next Rising Star

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Nominations are now open for the Association of Financial Advisers (AFA) Rising Star of the Year Award (the Award), proudly supported by ANZ Wealth for the 11th year. AFA CEO... Read more continue reading

FSC welcomes Royal Commission discussion paper: potential to open the superannuation market to competition and choice 

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The Financial Services Council welcomes The Trade Union Royal Commission Discussion Paper – Options for Law Reform which identifies inherent conflicts in the superannuation system. The discussion paper states: “…potential... Read more continue reading

Where will returns come from? – the constrained medium term return outlook

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Key points Low investment yields from most major asset classes mean the medium term return outlook remains constrained. For example, 7 to 7.5% pa for a diversified mix of assets,... Read more continue reading

AMP Capital fund successfully completes final asset sale

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AMP Capital yesterday confirmed it has sold the last asset in the AMP Capital Property Income fund (PIF), the Yass Highway Service Centre, for circa $23 million. The fund had a... Read more continue reading

AMP Capital CEO to retire after 20 years service

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AMP Capital CEO Stephen Dunne has announced that he will retire from AMP Capital later in the year, after 12 years as Chief Executive Officer of the diversified investment manager.... Read more continue reading

GPS Wealth white label speeds to market with HUB24

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HUB24 and GPS Wealth have launched a new white label platform for the independently owned national licensee, within weeks of agreeing to work together. GPS Wealth’s new platform, branded CAREportfolio,... Read more continue reading