LIC investors getting more choice, but reducing benefit from discount to fair value in longer term

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Investors have more choice than ever in the asset class strategies offered through Listed Investment Companies (LICs), according to Zenith’s latest research report on the sector. The expanding investment menu... Read more continue reading

ASIC releases guidance for its oversight of the Australian Financial Complaints Authority (AFCA)

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Ahead of the commencement of the Australian Financial Complaints Authority (AFCA) on 1 November 2018, ASIC has released new Regulatory Guide 267 Oversight of the Australian Financial Complaints Authority (RG 267). ASIC... Read more continue reading

Antipodes Partners fund added to Colonial First State’s FirstChoice investment menu

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Leading global equities investment boutique Antipodes Partners has had its Global Long-Short Strategy added to Colonial First State’s FirstChoice platform. Antipodes’ assets under management (AUM) has increased to approximately A... Read more continue reading

The growing importance of the “E” in ESG

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Growing environmental concerns, and the concerted effort to tackle them on a global scale, are generating largescale changes across multiple industries. The ability to more precisely identify how environmental regulations... Read more continue reading

Quantifeed raises US$10 million Series B funding

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Quantifeed, Asia’s leading B2B robo-advice provider, has closed US$10 million (AU$13.5 million) in a Series B funding round. The investment is led by Cathay Financial Holdings (TWSE: 2882), Taiwan’s largest... Read more continue reading

IOOF advice groups lead industry survey of financial advisers for second year

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IOOF has achieved the top ranking for the number of advisers in Barron’s survey of Australian financial advisers for the second year in a row. IOOF aligned advisers constituted 24... Read more continue reading

Study confirms Age Pension ‘a nightmare’ for older Australians

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A joint study conducted by the National Seniors Australia (NSA) and Retirement Essentials has confirmed that applying for the Age Pension is a fraught experience for many older Australians. According... Read more continue reading

UniSuper announces Executive Manager, People Services

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UniSuper, the $66 billion super fund for the higher education and research sector, has announced the appointment of Julie Watkins as Executive Manager, People Services. Julie will lead the People... Read more continue reading

ANZ gives advisers access to mental health portal

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ANZ has commissioned a mental health and wellness portal for advisers to help them develop a greater awareness about their own mental health and to facilitate more meaningful conversations with... Read more continue reading

InvestSMART Active ETF debuts on the ASX

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InvestSMART Group Limited (ASX Code: INV) has debuted its first ASX listed fund – an active ETF – designed to deliver investors income without sacrificing capital gains. The InvestSMART Australian... Read more continue reading