Millennial financial stereotypes need modifying, survey shows
/A new survey shows millennials are investing with great enthusiasm and are not scared of long-term financial plans.
Read MoreState Street Investor Confidence Index August 2022
/The State Street Investor Confidence Index rose 5.1 points in August to 107.3.
Read MoreFund People Update
/Yarra Capital welcomes two investment heads
VFMC appoints head of equities
Mason Stevens appoints head of asset allocation
Aware Super welcomes portfolio manager
FSC welcomes two new board members
JBWere appoints head of research
Australian Unity farewells chair and director
SMSF Members Association appoints CEO
BUSSQ appoints CIO
APRA chair resigns
legalsuper welcomes COO, head of product, manager of business development
Future Fund appoints two new heads
AFCA welcomes board member
Fund Regulatory Update
/APRA: new super standards, member outcomes update, and new publications launched
Military super benefits tax amendments on the table
Fund Company Update
/FairVine super for women shutters
Pendal and Perpetual in talks again
Fund Product Update
/Octopus Investments launches renewables investment platform
ETF Securities launches two ETFs
HMC IM launches new fund
Australia’s first social loan by CBA and APM
European Monthly Insight May 2022 Highlights:
/The European asset management industry contracted by €285.0 billion, or -2.3% as of May 2022, to €12.2 trillion in assets, while recording €35.4 billion in net outflows.
Read MoreAsian Monthly Insight - May 2022 Highlights
/Asian assets under management (AUM) rose to US$4.8 trillion, an increase of US$48.5 billion from the previous month; regional assets under management have fallen by 11.6% in the last six months.
Read MoreESG Research Update
/Study: Advisers can benefit if they get in quick on ESG
Study: Corporations want sustainability, finding acting tricky
Investor confidence down, accountants say
/Investor confidence in local and international capital markets is worse than in the depths of COVID lockdowns, accountants survey shows.
Read MoreState Street Investor Confidence Index July 2022
/The Global Investor Confidence Index increased 8.0 points in July to 102.2.
Read MoreEthos report on insurance document readability
/The 2022 readability scorecard found variable scores for Australian insurance companies when it came to plain English documentation for consumers.
Read MoreCompanies are improving on ESG, report says
/ESG focus amongst global companies is up across the board under regulatory and investor pressure.
Read MoreFund Product Update
/Maple-Brown Abbott launches small companies fund
Phillip Hudak and Matt Griffin are to manage Maple-Brown Abbott’s new Australian Small Companies Fund. Both investment managers came from the AMP Capital Australian Emerging Companies strategy. The small companies fund is invested in undervalued small businesses, holding around 30-50 stocks that score well. The fund aims to outperform the S&P/ASX Small Ordinaries (Total Return) Index after fees over five years.
Fund Regulatory Update
/Financial complaints hit 72k for past 12 months
Sirius Financial loses AFSL
Fund Company Update
/Christian Super and Australian Ethical to merge
Bendigo Bank to buy ANZ margin lending portfolio
Fund People Update
/Frontier appoints quant
AustralianSuper names head of investments, head of investment operations
HESTA appoints investment manager
QIC promotes CFO, COO
CFS appoints CIO
ASX loses CFO
VFMC welcomes head of risk
Industry Fund Services welcomes new CEO
WTW appoints head of private equity
iShares welcomes head of index investments, iShares
State Street names investment strategist
Cryptocurrency Update
/FPA says crypto assets should be regulated like their equivalents
Survey shows more financiers than ever heading into crypto companies
IOSCO publishes Crypto-Asset Roadmap 2022-2023
Government says crypto not taxed as foreign currency
Global ETF FlowWatch Highlights - May 2022
/Global ETFs recorded US$77 billion in net flows during May 2022, with equity ETFs leading with US$42 billion in net new money, followed by Bond ETF products gathering US$32 billion.
Read MoreGlobal FlowWatch Highlights - May 2022
/Long-term global mutual funds saw US$87 billion in net redemptions during the month of May.
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