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Infrastructure manager turns up the heat

HARRISON WORLEY  |  MONDAY, 9 JUL 2018
... differentiated investment origination strategy and value-focused asset management." Though further details of the transaction were not disclosed, Whitehelm revealed it purchased the stake from Kvitebjorn Energi AS, an energy company controlled by Daimyo ...

AMP sales director retires

JAMIE WILLIAMSON  |  MONDAY, 9 JUL 2018
AMP's director of sales has retired after seven years in the role, following the recent restructure of the institution's sales team. Barry Wyatt left AMP in May, having served as sales director since the merger of AMP and AXA Asia Pacific in 2011. He ...

Advised clients and their most frequently asked questions

KARREN VERGARA  |  MONDAY, 9 JUL 2018
Looking back on the 2017-18 financial year, Financial Standard wants to know the most common financial advice clients requested. This week the Financial Standard spot poll asks where did advisers spend the most time actually delivering advice in FY18? ...

ESG considerations material to long-term success

HARRISON WORLEY  |  MONDAY, 9 JUL 2018
... Latest research from Regnan dispels investor myths about the usefulness of ESG investing. According to Regnan, investors need not worry about the cost of considering material ESG risks in portfolios. The research house claims the long-term performance ...

Super funds countdown to Royal Commission

KARREN VERGARA  |  MONDAY, 9 JUL 2018
... made a voluntary disclosure to ASIC about Select potentially mis-selling funeral insurance. While Select maintains it did not engage in significant breaches or mis-sold products, it has however agreed to remediate affected customers. Orr said Select ...

Chief economist update: Friday when the trade war began

BENJAMIN ONG  |  MONDAY, 9 JUL 2018
... are prone to) but he certainly knows how to read. He knows and understands the consequences of an all-out trade war, and if not, his advisers would have told him what these are. Recent studies showed that the US economy could slow by between 1% and 2% ...

Investors sharpen watch on RMBS

KANIKA SOOD  |  MONDAY, 9 JUL 2018
... is structured. Obviously if interest rates go up, bonds go down but if your portfolio has a shorter duration, the impact is not as material," Lee says. This story was first published in the latest issue of Financial Standard. You can also view the full ...

CBA, ANZ told to clean up superannuation distribution

KANIKA SOOD  |  FRIDAY, 6 JUL 2018
... about their superannuation," the regulator said. Branch staff for both CBA and ANZ were only authorised to provide "general" not "personal" advice, the regulator added. "ASIC was concerned that customers may have thought, due to the proximity of the ...

Managed Accounts Forum survey open

DARREN SNYDER  |  FRIDAY, 6 JUL 2018
... Professionals' estimate that managed accounts represent more than $60 billion means the sector continues to transform if not overtake investment platform market. The researcher has identified about 40 managed account groups offering more than more ...

Victorian super funds discuss merger plans

JAMIE WILLIAMSON  |  FRIDAY, 6 JUL 2018
... Super's membership largely comprises employees in the private education sector, charities, religious organisations and not-for-profit groups. Combined Super's administrator, the ASX-listed Mainstream Group, said discussions were continuing about ...