LGBT wealth management market worth $3trnBY MARK SMITH | TUESDAY, 21 MAY 2013 11:35AM
The Lesbian, Gay, Bisexual and Transgender (LGBT) community represents a multi-trillion dollar opportunity for wealth managers and advisers, according to estimates from advisers specialising in the area.
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Ignition Wealth is launching a new tool to help financial advice clients determine their suitability for establishing a self-managed super fund.
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Profit margins of asset managers globally contracted for the first time since the Global Financial Crisis, research from the Boston Consulting Group shows, warning fee pressures are continuing to rise across the industry.
A $1.1 billion Australian hedge fund manager with offices in Sydney and New York is looking to diversify its investor base with the launch of a listed investment company.
Investment managers and asset owners will face stricter reporting and transparency rules following the launch of Australia's first Internal Governance and Asset Stewardship Standard.
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