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Asset managers prioritising product quality: Northern Trust

ANDREW MCKEAN  |  FRIDAY, 3 MAY 2024
... focused on the quality and accuracy of their products to enhance the investor experience and growing their distribution in the next two years, according to a recent survey of 300 global asset management firms conducted by WBR Insights and sponsored by ...

Crescent Wealth to merge into Russell Investments

ANDREW MCKEAN  |  TUESDAY, 30 APR 2024
Crescent Wealth Superannuation will shut down next month; its members will be moved to the new 'Salaam' division of Russell Investments Master Trust. Following a review by Equity Trustees, the trustee for Crescent Wealth's super fund, an ...

The risks and opportunities in advice: SIAA

KARREN VERGARA  |  TUESDAY, 30 APR 2024
... $135 billion super fund with 647,000 members is conscious of the wave of Australians that will move into retirement over the next 10 years and the significance of how their assets will be managed. "We know that super funds should be providing more advice. ...

Succession planning troubles family offices: J.P. Morgan

KARREN VERGARA  |  TUESDAY, 30 APR 2024
Global family offices remain deeply concerned about how to prepare the next generation to inherit a vast fortune as almost 30% do not have a structured approach to help them, a new study from J.P. Morgan reveals. The majority (70%) of participants that ...

ClearBridge launches first local global equity fund

KARREN VERGARA  |  MONDAY, 29 APR 2024
... regimes," she said. ClearBridge Investments head of APAC business development Matt Bushby said the launch of the fund marks the next stage of growth strategy for Australian investors, flagging that the fund manager is potentially looking at opportunities ...

What retiree portfolios need to avoid future cost-of-living crises

ANDREW MCKEAN  |  MONDAY, 29 APR 2024
... when inflation has another upturn." Meanwhile, Minney noted that with over 2.5 million Australians expected to retire in the next decade, 70% of those over 60 would prefer guaranteed income. He also highlighted the "misguided perception" that exposure ...

Schroders chief flags retirement

ANDREW MCKEAN  |  FRIDAY, 26 APR 2024
Schroders group chief executive Peter Harrison will retire next year, but he'll continue to serve as a director while the firm searches for his successor. Harrison joined Schroders in March 2013, serving as global head of investments before becoming ...

Platinum announces strategic review

ELIZA BAVIN  |  FRIDAY, 26 APR 2024
... Platinum for our clients and our shareholders." The overhaul will come in two phases; the reset phase will take place over the next four months, while the growth phase will be implemented over the next six-plus months.

Institutional investors eye increased exposure to Vietnam

ANDREW MCKEAN  |  WEDNESDAY, 24 APR 2024
Most pension fund managers and institutional investors plan to increase their exposure to Vietnam over the next three years, according to research from Dragon Capital. Dragon Capital, a Vietnam-focused investment firm reported that 96% of them expect ...

Mega super fund opens first international office

ANDREW MCKEAN  |  WEDNESDAY, 24 APR 2024
... undertaken since the fund's merger more than two years ago. "ART partners with world-class external managers and this is the next logical step for us to expand our investment capability," Patrick said. "The team in Australian Retirement Trust's ...
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