Advice providers need to keep up with the shifting preferences of HNW investors

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Leading research firm Investment Trends has launched its flagship 2020 High Net Worth Investor Report, the largest annual study of Australia’s wealthiest investors (defined as those with over $1 million... Read more continue reading

Yarra Capital Management completes acquisition of Nikko Asset Management’s Australian business

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Further to the announcement of 2 March 2021, Yarra Capital Management (Yarra) confirms that it has now completed the acquisition of Nikko Asset Management’s Australian business. Under the terms of... Read more continue reading

Job vacancies at highest level in over 12 years; Petrol prices hit 13½-month high

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Skilled job vacancies; Petrol Prices; Credit/debit cards; Used vehicle market Skilled internet job vacancies: In seasonally adjusted terms, preliminary job vacancies increased by 19.1 per cent (or 38,244 job advertisements)... Read more continue reading

T. Rowe Price Appoints APAC Regional Operating Officer to Support Growing Local Client Base

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T. Rowe Price has announced the appointment of Mike Weigand to the newly created role of Asia Pacific (APAC) Regional Operating Officer, effective April 1. The appointment underscores T. Rowe... Read more continue reading

Honan announces new reinsurance offering with the launch of Honan Re 

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Honan Insurance Group (Honan) Executive Chairman, Damien Honan, has announced an exciting new reinsurance offering to the broker marketplace with the launch of Honan Re that will commence operations this week. Based in... Read more continue reading

Evergreen Consultants signals expansion with key senior appointments

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Highly experienced financial services industry executive Michael Ohlsson has joined Evergreen as an Executive Director and partner in the business. Lia Gunawan has also joined Evergreen as the Strategic Partnerships... Read more continue reading

Weekly market update – week ending

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Investment markets and key developments over the past week While Japanese fell -0.3% over the last week and Chinese share fell -2.4%, US shares rose 2.7% to a new record... Read more continue reading

RBA: Housing market “is being watched closely”

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Services sector activity hits 2½-year high; Reserve Bank Financial Stability Review; Services gauge; China data Reserve Bank Financial Stability Review: The Reserve Bank notes: “housing price growth (and to a... Read more continue reading

ASIC warns time is fast running out for insurance claims handling AFS licence applications

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ASIC has called on insurance claims handling firms to lodge licence applications (new and varied) as soon as possible, and by no later than 7 May 2021. Since 1 January... Read more continue reading

Two Metrics Credit Partners loan funds secure ‘A’ band S&P ratings

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After a volatile year for financial markets that has raised concerns about credit quality, two of Metrics’ loan funds have secured ratings in the coveted A band. S&P Global Ratings... Read more continue reading