Weekly economic and market update – week ending 30 September, 2022

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Investment markets and key developments Share markets fell sharply again over the last week in response to continuing hawkish central bank comments and rising recession fears not helped by a... Read more continue reading

Alexander Funds wins Best Fixed Income and Credit Fund

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The Alexander Credit Opportunities Fund (the Fund) won Best Fixed Income and Credit Fund at last night’s Australian Alternative Investment Awards in Sydney. This is the second year in a... Read more continue reading

Wheelhouse Partners appoints Head of Distribution

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Australian specialist income manager Wheelhouse Partners (Wheelhouse) has appointed Wayne McGauley as its Head of Distribution. In the newly created role, Wayne will be responsible for driving the growth of Wheelhouse’s Global and Australian... Read more continue reading

Crescent Wealth appoints Deputy Managing Director

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Leading businesswoman Miriam Silva AM has been appointed Deputy Managing Director of the Crescent group of companies – Crescent Wealth, Crescent Finance, Crescent Foundation and Crescent Institute. Crescent Wealth is... Read more continue reading

GQG Partners launches dividend income fund – Secures an initial ‘Recommended’ rating

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GQG Partners has launched the GQG Partners Global Quality Dividend Income Fund in Australia, securing an initial research rating of ‘Recommended’ from Zenith Investment Partners. The Fund invests in high... Read more continue reading

Financial Planning Week to take place from 3-9 October 2022 – FPA to launch new research into the value of advice

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The 22nd Financial Planning Week will take place in Australia from 3 – 9 October 2022, and the Financial Planning Association of Australia (FPA) has commissioned research to highlight the difference... Read more continue reading

The Fed has the “cleanest dirty shirt” approach to monetary policy

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BoE intervention is not sustainable In Kris Kristofferson’s famous ballad Sunday Morning Coming Down (of course, popularised by the late Johnny Cash) the protagonist speaks of one Sunday morning, after a particularly... Read more continue reading

ASIC signs Consultation Agreement with Financial Markets Standards Board

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ASIC has signed a Consultation Agreement (Agreement) with the Financial Markets Standards Board (FMSB) to promote global standards for fair and effective wholesale financial markets. The Agreement formalises ASIC’s active... Read more continue reading

Affordable financial advice could again become a reality

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The changes that are likely to occur as a result of the Quality of Advice Review (QAR) and other changes occurring across the industry will ultimately make advice more affordable... Read more continue reading

SuperConcepts launches SMSF consultation services

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Self-managed superannuation (SMSF) education, administration and software provider, SuperConcepts, continues to expand their SMSF offering with the addition of specialist consultation services. Available to both individuals and professionals, including accountants... Read more continue reading