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New alternative beta fund answers hedge fund short-comingsBY MARK SMITH | MONDAY, 23 NOV 2015 12:43PM
Amid poor fixed income returns, the need for alternatives in today's portfolios is being recognised by mainstream investors. But high fees, a lack of transparency, little capacity in top performing products and inconsistent returns from skill based approaches is leaving advisers scratching their heads as to which alternative products to recommend.
Read more: Sharpe, CFM Institutional Systematic Diversified Trust CFM ISD, Australia, Capital Funds Management, CFM International, Philippe Jordan, Winston Capital Partners
|Sponsored by Insight Investment|
Towards a perfect currency solution
There is a good chance the planned superannuation guarantee increase to 12% will be deferred again as the nation continues to struggle with the effects of COVID-19, according to Mercer senior partner David Knox.
BetaShares' ETF that tracks crude oil futures is once again changing the length of contracts it tracks and is taking extra measures to automatically convert the ETF to all cash if oil futures drop significantly again.
The global fund manager saw its profits tumble 196% following net outflows of close to $19 billion in the first half of this year, resulting in heavy hits to fee and commission income.
Chi-X TraCRs and funds will now be offered on a $1.9 billion privately owned wealth management platform, granting financial advisers and their clients access to some of the world's biggest listed companies.
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