ASIC’s first DDO stop orders to prevent offer of financial products to consumers

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ASIC has placed interim stop orders on three financial firms in response to deficiencies in the target market determination (TMD) for their products. These actions are ASIC’s first use of... Read more continue reading

Are markets too sanguine about interest rates and inflation?

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FOMC opts for another 75bps increment In a clear signal of its determination to vanquish inflation the US Federal Reserve’s FOMC increased rates by 75bps to 2.50%. Such a move... Read more continue reading

SMSF Association appoints a new CEO

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Peter Burgess, the SMSF Association Deputy CEO and Director of Policy & Education, has been appointed Chief Executive Officer, effective March 2023. Burgess will succeed John Maroney who has been CEO since... Read more continue reading

State Street grows alternatives services business in Australia with mandate from Mercury Capital to administer new A$1 billion private equity fund

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State Street Corporation (NYSE:STT) has announced that it has been appointed as fund administrator for the Mercury Capital Fund twenty2. The A$1 billion fund completed its very successful fund raising... Read more continue reading

Financial planners should have the same freedoms as finfluencers

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A side effect of the exodus of financial planners from the profession can only be the rise and rise of the finfluencer – a trend which The Advisers Association (TAA)... Read more continue reading

Underlying inflation at a 31-year high

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Consumer Price Index  The main measure of inflation in Australia – the Consumer Price Index (CPI) – rose by 1.8 per cent in the June quarter (consensus: +1.9 per cent).... Read more continue reading

Palisade Real Assets acquires Eco2 Management Services

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Palisade Real Assets has announced the acquisition of Eco2 Management Services Limited (“EMSL”), a UK-based renewable energy asset management and development company. The acquisition accelerates Palisade Real Assets’ energy transition... Read more continue reading

Perpetual Private announces new Lead Partners; creates new national role for Trustee Services

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Perpetual Private has announced the appointment of two new Lead Partners, with Chemere Brown joining as Lead Partner, Victoria, for the group’s Private Client business, and Matthew Le Belenger joining... Read more continue reading

The good news in the plunge in markets – higher medium term return potential (assuming inflation is tamed)

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Key points The fall in bond and share values and rise in their investment yields on the back of higher inflation has seen our medium term (5 to 10 year)... Read more continue reading

AXA IM Alts appoints Toby Coleman as Head of Client Group Australia, to drive growth in the market

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AXA IM Alts, a global leader in alternative investments with c. A$ 279 billion (c. €188 billion) of assets under management[1], announces the appointment of Toby Coleman to the role of... Read more continue reading