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Perennial to close three responsible investment funds
Perennial Partners will shutter three responsible investment funds that manage $140 million in combined assets, as they fall short of reaching scale and achieving their investment objectives.
LGT Wealth Management hires five advisers from rival
LGT Wealth Management Australia has expanded its Syndey private client advisers' team with five senior hires from UBS Wealth Management.
MSC Group awarded mandates for natural resources strategy
MSC Group will provide administration capability and trusteeship for a natural resources strategy focusing on the energy sector and select commodities.
Norges Bank slashes exposure to US government bonds
Norges Bank Investment Management (NBIM), the investment manager of Norway's sovereign wealth fund, the Government Pension Fund Global, has proposed a major restructuring of the fund's exposure on US government bonds.
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Digital assets and where they stand in 2026
So far in 2026 digital assets have captured the headlines largely for the wrong reasons, but that doesn't tell the full story.
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Sarah Shaw
GLOBAL PORTFOLIO MANAGER
4D INFRASTRUCTURE
4D INFRASTRUCTURE
It wasn't confidence that prompted Sarah Shaw to walk away from established investment houses and co-found 4D Infrastructure in 2015. It was something she believes is far more important: courage. By Vinny Vucago.
The Financial Standard podcast Tune in each week as we discuss the latest developments in Australia's wealth management industry. |  |
The cat is dead. It's been dead for three years. What you're seeing is FrankenCat - it looks alive only because central banks have taken over debt markets.
Sorry Ben,
"In one of the clearest signal yet that it's about to act, ECB chief Mario Draghi declared that "The strengthening of the exchange rate requires further monetary stimulus. That's an important dimension for our price stability."
So the ECB will embark on another round of 'stimulus', through monetary channels that largely stop with insolvent euro financial institutions? My original 'crucifixion' of your comment was not that central banks wont act, but the giant logical leap that that such actions will 'support sustainable growth'.
My point is there is very little reliable evidence to support such a notion, only hypotheticals of what might have been. Today's snippets of 2 in 1000 data points and the jawboning of an ECB banker are nice distractions as they are every trading day, but miss the point completely.
If you want to discuss how such distractions are likely to affect short term market pricing and possibly stay a Faber style correction, sure , I'm not inclined to disagree! But linking Draghi comments and the FED's actions to actual improvement in economic fundamentals beyond staying a global banking meltdown in 08/09.....That remains speculation and critical analysis is something that will only be possible ex post, probably the next crisis!