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

Lazard Asset Management lowers minimum investment on four funds

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Lazard Asset Management Pacific Co. announces the lowering of its minimum investment for four funds to A$20,000, down from A$100,000. The four funds concerned are: Lazard Australian Equity Fund Lazard... Read more continue reading

Search for Australia’s elite advisers and advice businesses begins

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AFA and Zurich launch Adviser and Practice of the Year The Association of Financial Advisers (AFA) and foundation award partner Zurich have launched the 2015 AFA Adviser of the Year... Read more continue reading

Morphic Global Opportunities Fund expands Platform availability with inclusion on Macquarie Wrap Super and Pension options

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Morphic Asset Management is pleased to announce that the Morphic Global Opportunities Fund (MGOF) is now available on the Macquarie Wrap Super and Pension Platform. The MGOF was already available... Read more continue reading

Fortnum dumps upfront commissions

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Leading independently-owned financial advisory group Fortnum Financial Advisers will dump upfront risk insurance commissions and adopt a new remuneration model in a bid to self-regulate and ward off further legislative... Read more continue reading

Colonial First State announces an alliance with Sanlam

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Colonial First State yesterday announced an alliance with the global financial services group, Sanlam, to distribute its innovative Managed Risk funds in Australia. Colonial First State General Manager Product & Investments,... Read more continue reading

Wealth Defender Equities Limited closes IPO at more than double minimum capital sought

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Listed Investment Company Wealth Defender Equities Limited (ASX: WDE) has achieved a successful capital raising of $125.7 million, more than double the minimum target of $50 million set out in... Read more continue reading

Investec Asset Management launches total return multi-asset strategy for Australian market

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Investec Asset Management yesterday announced the broadening of its fund range with the launch of a dedicated total return multi-asset strategy tailored to Australian institutional investors. The Investec Diversified Growth (Australian)... Read more continue reading

Weekly market update – week ending May 15, 2015

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Investment markets and key developments over the past week While the bond sell off continued over the past week it showed signs of stabilising and this helped shares a bit.... Read more continue reading

Utilities: Reports of my death have been greatly exaggerated

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It is a mistake to think utilities will disappear with the growth of distributed generation. Australian Ethical’s International Equities Portfolio Manager, Nathan Lim, explains. Tesla-hysteria With renewable energy now reaching... Read more continue reading