State Street Investor Confidence Index - March 2023
/The State Street Investor Confidence Index (ICI) saw a slight increase of 3.8 points to 81.4 from February’s revised reading of 77.6.
Read MoreEuropean Monthly Insight - January 2023 Highlights
/European AUM rose by 4.0% in January 2023, capping at €11.9 trillion.
Read MoreAsian Monthly Insight - January 2023 Highlights
/Investment fund assets in Asia rose to $4.9 trillion in January 2023, having grown by 2.2% over the past six months.
Read MoreFund Regulatory Update
/ASIC seeking feedback on expiring class orders regarding financial resource requirements
APRA responds to SDT amendments consultation
Government: Tax to double on high superannuation balances
Fund Product Update
/Platinum launches quoted global transition fund
Meezan launches Sharia-compliant platform
Fund Company Update
/Allan Gray exiting platform and superannuation
Pengana launches specialist capital markets business
AMP’s real estate arm sale to Dexus extended
Fund People Update
/UBS appoints non-executive chair
ART makes leadership changes
ASX welcomes group executive
Fund Regulatory Update
/Government: Sex abusers no longer able to hide assets in super to avoid paying compensation to victims
APRA imposes licence conditions on Diversa Trustees, ASIC steps in over greenwashing
Interim stop order on Pivotal Diversified Fund
FSC releases standard for claims handling in superannuation
Fund Company Update
/WTW combines APAC business
AvSuper merger update
JANA buys Insignia
Pendal acquisition complete
Fund Product Update
/CFS FirstChoice adds Quay Global fund
BlackRock restructures Australian equities offering
Global X launching covered call products
HUB24 launches ESG functionality for advisers
Fund People Update
/Prime Super welcomes new directors
BlackRock appoints HK-based APAC wealth head
Spaceship drops four staff, restructures leadership team
Bennelong appoints global CEO
UniSuper appoints investment professionals
State Street Investor Confidence Index December 2022
/In December, the State Street Investor Confidence Index (ICI) dropped 14.4 points to 75.9, the lowest reading since the start of the pandemic.
Read MoreISS European Monthly Insight - November 2022 Highlights
/European AUM grew by 2.95% in November, closing at €11.8 trillion.
Read MoreAsian Monthly Insight - November 2022 Highlights
/Investment fund assets in Asia rose to US$4.6 trillion, largely on the back of rising asset prices. Net sales remained muted at US$17.3 billion.
Read MoreFund Product Update
/Global X launches carbon, uranium ETFs
JP Morgan launch sustainable infrastructure ETF
VanEck launches gold bullion ETF
Vanguard Super lifecycle option launched
Crypto and DeFi Update
/Finder Wallet sued by ASIC
Goldman Sachs looking into buying crypto companies after FTX collapse
BTC Markets launches Polkadot cryptocurrency
BlockFi files for bankruptcy
ASIC commences proceedings against Block Earner over unlicensed advice
Fund Product Update
/North launches new managed portfolio offering
CFS adds 17 new funds to FirstChoice, lanches CFS Edge wrap platform
Global X launches copper mining ETF
Fund Regulatory Update
/AFSL Group has AFSL cancelled
Quantum Funds Management AFSL suspended
ASIC takes civil action against American Express over DDO obligations with David Jones credit cards
Vanguard receives infringement notices from ASIC over greenwashing
Australian Fiduciaries has interim stop orders put on three funds
APS Savings interim stop order in place
YFYS faith-based super funds performance test leniency removed
Crescent Wealth breaches regulatory standards with misrepresented indirect costs
Interim stop orders on two Perpetual funds
Fund Company Update
/Raiz Invest Super to become part of AMG Super
HESTA and Mercy Super, UniSuper and Australian Catholic Super, Australian Ethical and Christian Super mergers finalised
Alcoa looking for a merger partner
Fund People Update
/Australian Ethical welcomes CEO of superannuation
Frontier appoints head of equities research
CareSuper appoints CEO
First Sentier welcomes global ESG head, RI specialists
JANA appoints GM of strategy and innovation
NGS Super welcomes head of transformation, farewells chair
Rest appoints new chair
Perpetual announces post-acquisition appointments
Link Group appoints CFO
Zurich appoints chief information officer
AustralianSuper welcomes retirement expert
AMP appoints CFO
