T. Rowe Price appoints new Head of Institutional for Australia and New Zealand

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Global investment firm T. Rowe Price had announced the appointment of Craig Hurt as its new Head of Institutional for Australia and New Zealand, effective October 5.  Hurt’s leadership appointment... Read more continue reading

Daintree Capital launches first single unit bank hybrid fund

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Daintree Capital (Daintree), a specialist in building global hybrid and fixed income portfolios and part of the Perennial Group, has announced the launch of a new global bank hybrid fund... Read more continue reading

Many wealth managers not fully prepared for end of lock-downs

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Australia’s wealth management industry is preparing for the end of lock-downs, with leaders striving to return to ‘normal’. But they should be doing more, much more, cautions two industry consultants.... Read more continue reading

AMP delivers further super fee reductions for members

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AMP has announced that it will be delivering further fee reductions for superannuation members, driven by its ongoing program to simplify its super business. Effective from 1 October 2021, AMP’s... Read more continue reading

Weekly economic and market update – week ending 17 September, 2021

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Investment markets Global shares were mixed over the last week with US and Japanese shares up, European shares flat and Chinese shares down. US shares were helped by stronger than... Read more continue reading

Metrics strengthens sustainability focus with new hires

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Metrics Credit Partners has announced new appointments within its Investments and Corporate teams, as the business continues to grow and intensify its focus on sustainability, further cementing its position as... Read more continue reading

Global bond fund upgraded by Lonsec as momentum builds across platforms

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Global asset manager Neuberger Berman is pleased to announce its multisector fixed income fund, Neuberger Berman Strategic Income Fund (“Fund”), has been upgraded by Lonsec and added to four new... Read more continue reading

GSFM appoints key account manager

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GSFM has appointed Joshua Nissenbaum to the position of key account manager. Mr Nissenbaum will be based in Sydney and report to Stephen Fletcher, GSFM’s head of retail distribution. He... Read more continue reading

FPA statement in response to Treasury’s announcement of further updates to DDO

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The FPA welcomes the Treasury’s announcement of further updates to the DDO regime by removing the requirement for financial planners to report nil complaints or nil information to product manufacturers.... Read more continue reading

Licensing and professional registration activities: 2021 update

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ASIC’s Licensing and professional registration activities: 2021 update (Report 700) outlines key issues, new and proposed changes to our licensing processes, and other work we have undertaken that affects licensees. Between... Read more continue reading