Apostle announces the launch of Convertible Bond Manager

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Apostle Asset Management has formalised a distribution partnership with specialist convertible bond manager, Camden Asset Management (Camden) to offer fixed income and alternatives expertise to Australian investors. Camden Asset Management... Read more continue reading

S&P affirms Aviva Investors Direct Separately Managed Accounts rating as ‘Strong’

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Standard & Poor’s Fund Services today affirmed  its ‘STRONG’ rating to the Aviva Investors Direct Separately Managed Accounts (DSMA) offering. The rating reflects our conviction that Aviva Investors Australia Ltd.... Read more continue reading

Plan B increases stake in independent dealership

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Plan B Group Holdings Ltd (Plan B) today announced that it has fast-tracked the acquisition of an additional stake in the Queensland-based My Adviser network. The purchase increases Plan B’s... Read more continue reading

Big Sky Credit Union members vote in favour of joining Australian Unity

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At a General Meeting held on Thursday 23 February 2012, members of Big Sky Credit Union Limited approved a proposal to transfer the Big Sky Credit Union business to a... Read more continue reading

Implementation of reforms need to be in the best interest of the consumer, says FPA

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At the Senate Economics Committee Hearing yesterday, the Financial Planning Association (FPA) announced that they would support a one year transition and implementation timeframe of the FoFA reforms. At the hearing,... Read more continue reading

S&P rates SPDR S&P/ASX 200 Fund as ‘very strong’

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Standard & Poor’s Fund Services today rated the SPDR S&P/ASX 200 Fund (STW) as ‘very strong’. The rating reflects a combination of very low direct and indirect costs, a highly... Read more continue reading

Outlook for fixed income investing

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Despite the negative focus on European sovereign debt risk and falling returns, fixed income still offers some attractive investments. Cases can be made for allocations to corporate, high yield and... Read more continue reading

More Australians should have the opportunity to self-fund their retirement, says the FPA

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Following the Government’s Tax Forum in October last year, the Financial Planning Association (FPA) will again be the only voice representing the financial planning profession at tomorrow’s first sitting of... Read more continue reading

ING Multi-Sector ‘On Hold’ fund ratings unaffected following sale of Optimix to ANZ

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Standard & Poor’s Fund Services today stated that ANZ Bank’s acquisition of the Optimix multi-manager business unit from UBS Global Asset Management (UBS Global AM) has not affected the ‘On... Read more continue reading

Equiti expands Financial Advisory team to cater for growing client base

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Wealth management group Equiti Private Wealth, today announced the growth of its financial advisory team with the appointment of two Senior Financial Advisors, Gregory Fuzi and Peter Sheather. Rod Humphreys,... Read more continue reading