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Better inflows ahead for Perpetual, Pendal: MSBY KANIKA SOOD | WEDNESDAY, 3 FEB 2021 12:34PM
Inflows at Perpetual and Pendal should improve this year, Morgan Stanley analysts said in a note on Australian asset managers, which has Platinum and Magellan at underweight.
Read more: Morgan Stanley, Magellan, Pendal Group, Andrei Stadnik, Barrow Hanley, Janus Henderson
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Find out why 44% of advisers are using managed accounts
Australian Ethical introduced a new high conviction fund to wholesale clients, investing in a range of sectors including local healthcare, renewables and technology stocks within the S&P ASX 300.
The super industry is calling for mandated consistency on portfolio holdings disclosure after it was recommended the Future Fund be exempt from disclosing commercially sensitive information.
Capstone Financial Planning has revoked the authorisation of Mark Babbage, the Victorian financial adviser jailed for breaching Western Australia's strict border restrictions to attend the AFL Grand Final.
Ellerston Capital will terminate the Morphic Global Opportunities Fund later this month as a result of dwindling funds under management.
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