Shail Singh named AFCA’s Lead Ombudsman, Investments and Advice

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The Australian Financial Complaints Authority (AFCA) has appointed Shail Singh as its new Lead Ombudsman, Investments and Advice. The AFCA board confirmed his appointment after a competitive selection process. Mr... Read more continue reading

Datt Capital to optimise opportunities in Australian small cap sector with a new fund

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Datt Capital, a boutique Australian equity investment manager, has a small cap fund on the drawing boards, believing the market timing is opportune to uncover alpha in this market sector.... Read more continue reading

Weekly economic and market update – week ending 5 May, 2023

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Investment markets and key developments Global share markets mostly fell over the last week with further rate hikes and ongoing concerns about US banks and the US debt ceiling. US,... Read more continue reading

BlackRock iShares to launch the Australian market’s lowest-cost Infrastructure and Real Estate ETFs

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BlackRock Australia has announced the upcoming launch of two new core ETFs – the iShares Core FTSE Global Infrastructure (AUD Hedged) ETF (GLIN) and the iShares Core FTSE Global Property... Read more continue reading

Shifts from cash to digital payments driving opportunities in global equities

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Companies that enable digital payments are set to grow their earnings in a meaningful way in the medium to long term, according to partner and portfolio manager at Munro Partners,... Read more continue reading

Banks deliver record earnings, confirming a simpler industry requiring discipline and diversification – PwC Major Banks Analysis Half Year May 2023

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Key points Record cash earnings of $17b, up $3b on half, driven by net interest margin (NIM), trading income, strong cost management and non-recurrence of notables Return on equity (ROE)... Read more continue reading

UniSuper directly enters Europe with $1 billion investment in mobile towers

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UniSuper, the award winning $115 billion superannuation fund open to all Australians, has secured a 5% indirect stake in leading mobile towers business Vantage Towers in an AUD $1 billion... Read more continue reading

FAAA supports a better-targeted experienced pathway and more flexibility for qualifying courses

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The FAAA has made a submission to the Government on the Experienced Adviser Pathway, supporting the proposal while proposing that this measure be better targeted. CEO of the FAAA Sarah... Read more continue reading

Panelist announced for upcoming ANZIIF Diversity and Inclusion Seminar 

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The Australian and New Zealand Institute of Insurance and Finance (ANZIIF) has announced its first panelist for the upcoming Diversity and Inclusion event, Edyta Torpy, Senior Manager, Diversity & Inclusion... Read more continue reading

Allianz Retire+ AGILE receives ‘Recommended’ Rating from Zenith Investment Partners

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Allianz Retire+ has received a ‘recommended’ rating for its longevity solution AGILE from research house Zenith. The rating follows a thorough review of the solution and determined that amid the... Read more continue reading