Weekly economic and market update – week ending 24 September, 2021

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Investment markets Global shares fell sharply early in the week but then rebounded as fears around China Evergrande receded and the Fed meeting was out of the way. This saw... Read more continue reading

Report on competition in the Australian funds management industry released

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ASIC has released a report on the state of competition in Australia’s funds management industry. ASIC commissioned independent research by Deloitte Access Economics (Deloitte) to examine competition between fund managers... Read more continue reading

Australian Ethical launches one of Australia’s first 100% ethical multi-asset high growth funds

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Australia’s original responsible investment and super fund manager Australian Ethical has launched one of Australia’s first 100 per cent ethical multi-asset high growth funds (the Fund), with an opening balance of $250... Read more continue reading

AMP Capital appoints Bopha Ly to key energy infrastructure role

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AMP Capital has announced the appointment of Bopha Ly to the key role of Managing Director, Energy for AMP Capital’s Infrastructure Equity business. In this role, Ms Ly will be... Read more continue reading

TAL releases new suite of redesigned retail Income Protection products with a focus on value, fairness, and sustainability

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Leading Australian life insurance specialist, TAL, has launched its new range of Income Protection products for retail customers, developed to deliver fit-for-purpose benefits at claim time, while ensuring all customers can... Read more continue reading

North reduces brokerage fees for clients as it broadens investment choice

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The North wrap platform has announced the reduction of minimum brokerage fee for listed securities for clients from $34 to $18.49[1], effective 18 September 2021. The lower fee applies to... Read more continue reading

F3 and FPA shift the dial on gender diversity through Scholarship program

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F3 – Future Females in Finance and the Financial Planning Association of Australia have partnered to offer 20 university students practical work experience to boost the skills and employability of... Read more continue reading

ASIC publishes guidance on hawking reforms

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ASIC has published updated regulatory guidance on the prohibition of hawking financial products. ASIC’s updated regulatory guide (RG 38) reflects the reforms to the anti-hawking regime under the Financial Sector Reform... Read more continue reading

AMP Capital’s Global Infrastructure Equity team establishes Telecom Infrastructure Partners

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AMP Capital’s Global Infrastructure Equity team has created a new company focused on acquiring and aggregating telecom site leases globally, in partnership with Eric Overman. Telecom Infrastructure Partners (TIP) will... Read more continue reading

Federated Hermes launches Emerging Market Debt Strategy for non-US clients

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The international business of Federated Hermes have launched the Federated Hermes Emerging Market Debt Strategy. The Strategy is the second US-managed product to be made available to non-US clients since... Read more continue reading