Mutual funds see net redemptions of US$610bn - Global FlowWatch Series - March 2020
/Global long-term mutual funds experienced net redemptions of US$610 billion during March. Local Asia was the only region to post positive net flows.
Read MoreETFs suffer US$5bn net redemptions - Global ETF FlowWatch - March 2020
/Market uncertainty saw ETFs worldwide suffer US$5 billion in net redemptions during the end of March 2020.
Read MoreActive long-term funds stay in net outflows - US Monthly Fund Highlights - April 2020
/Active long-term funds remained in net outflows in April at US$19.1 billion with outflows extending across multiple asset classes.
Read MoreLargest monthly outflow by European funds since 2008 - European Funds Insight - 8 May 2020
/European funds suffered a €250 Billion outflow in March, but recovered in April with €18 billion inflow.
Read MoreDon’t go away in May – European investors want active managers - ISS European Funds Insight - 15 May 2020
/Global market data shows that stock market returns are lower in the American summer – the S&P 500 has on average returned 2% in each May to October period since 1945, compared to an average 7% gain between November and April.
Read MoreLife insurers managing COVID risks in policyholders
/The life insurance industry is stepping up to ensure policyholders, including frontline healthcare workers, are not left out in the cold by COVID-19.
Read MoreRisk People Update
/MLC welcomes GM of Godfrey Pembroke and MLC Connect
Centrepoint appoints chief financial officer
Westpac announces executive movements
Suncorp loses wealth head after just three months
Risk Product, Company and Regulatory Updates as at 19 May 2020
/AIA Australia launches Medix medical service
Bravura rolls out automated advice platform in NZ
MLC launching new advice business, retires brands
CountPlus acquires Centenary Financial
FASEA extends exams for advisers, releases April exam results
Tailormade Financial Strategies has AFSL cancelled
Ausfunds Management AFS licence returned
Royal commission measures deferred for six months
Fund Product, Company and Regulatory Updates as at 12 May 2020
/T. Rowe Price launches new high-income fund
Ares and Fidante joint venture bears fruit
BetaShares launches new ETF
CFS shutters fund, investment options
NN2 Capital launches new hedge fund
JANA expands service offering to advice firms
QSuper and Sunsuper merger delayed
Westpac reviewing business units
ISA and ME Bank in urgent hearing
ESG Research Update
/Ethical investment performance solid during coronavirus
AXA: ESG-tending funds do better during coronavirus
ESG Global Update
/French scientists create enzyme that breaks down plastic bottles in hours
ESG Aus and NZ Update
/Aus government to force Facebook and Google to pay to share news stories
New ESG analytics tool launched
NZ’s ACCs sells down A$47m in coal stocks
Fund People Update
/Australian Unity appoints portfolio manager for new initiative
Mine Super appoints CRO and deputy CEO
Suncorp Super appoints executive manager of member proposition and innovation
Pendal appoints head of HNW distribution
Aberdeen welcomes insto director of Aus and NZ
HESTA appoints three GMs
Third worst month in outflows - European Fund Insights
/European funds suffered a €250 billion outflow in March, but recovered in April with €18 billion inflow.
Read MoreRisk People Update
/CAANZ welcomes new CEO
FSC appoints deputy CEO
COVID-19 sees exit of 500 advisers from practice
Centrepoint Alliance loses research head and research analyst
UniSuper chief of financial advice resigns, temporary shuffle of executives
Bonds shine in another week of unprecedented events - European Fund Insights
/In the week that the oil price turned negative for the first time in history, fund investors reduced their allocations to equity funds but continued to allocate to fixed income funds.
Read MoreRisk Company Update
/AZ NGA buys stake in Certe Wealth Protection
CBA divests CommSec Adviser Services
Fiducian buys Gippsland advice practice
Risk Regulatory Update
/Life insurance sector to be grilled in follow-on to Royal Commission
Risk Product Update
/Zurich launches new adviser education platform, Zone
Fund People Update
/State Super head of investments returns as board member
Christian Super shuffles executives
Future Fund reappoints two board members
AFCA welcomes two new lead ombudsman
BNY Mellon country head leaves
Chant West Award super fund finalists announced
Peter Lee Associates names top-ranked asset consultants
