Weekly market update – week ending 6 November, 2020

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Investment markets and key developments over the past week Global share markets rebounded over the last week as a resolution of the US election came into sight offering more fiscal... Read more continue reading

Time to ensure FASEA Code meets the ‘intent’

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The Financial Adviser Standards and Ethics Authority (FASEA) should commit to amending the written Standards in the Code of Ethics. FASEA’s updated Guidance now gives greater importance to the ‘intent’... Read more continue reading

OneVue formally transitions to Iress ownership

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Following court approval of the Scheme of Arrangement for Iress to acquire 100% of OneVue Holdings (ASX:OVH) at 43c per share, OVH today, 6 November 2020, formally transitions to Iress... Read more continue reading

AMP Limited announces new Board appointment

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AMP Limited has announced the appointment of Kathryn (Kate) McKenzie as an independent, non-executive director to the AMP Limited Board effective 18 November 2020. Ms McKenzie brings extensive experience to... Read more continue reading

Australian houses are again the world’s biggest

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CommSec Home Size Trends Report Australia is again building the biggest houses in the world. Data commissioned by CommSec from the Australian Bureau of Statistics, shows the average new house... Read more continue reading

Ares Australia Management launches Ares Diversified Credit Fund

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Ares Australia Management (“AAM”), the strategic joint venture between Ares Management Corporation (“Ares”) (NYSE: ARES), a leading global alternative investment manager, and Fidante Partners Limited (“Fidante Partners”), is launching its... Read more continue reading

AFA challenges FASEA Code of Ethics Guide

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On Monday 2 November 2020, the AFA made a submission to FASEA in response to their latest Code of Ethics Guidance. This Guide follows earlier documents released in October 2019 and December... Read more continue reading

Global markets shifting along with election scenario

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As many predicted, we find ourselves in an unsettled situation as election officials nationwide count votes in the contentious U.S. presidential election. Reminiscent of 2016, the closeness of the count... Read more continue reading

Janus Henderson appoints new Head of ESG Investments

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Janus Henderson Investors (NYSE: JHG, ASX: JHG) has announced the appointment of Paul LaCoursiere, CFA, as Global Head of Environmental, Social and Governance (ESG) Investments Joining on 6 January 2021,... Read more continue reading

Record lift in retail trade in September quarter

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Retail trade Retail trade: Retail trade fell by 1.1 per cent in September (survey forecast: -1.5 per cent). In real (inflation-adjusted) terms, retail trade rose by 6.5 per cent in... Read more continue reading