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| | | iPartners has appointed Thom Bentley as its director head of capital markets in New Zealand. Bentley, who officially joined last Thursday, is the first local hire made by the Australian alternatives investor and will be based in Queenstown. Going forward ... |
| | | | Financial advisers continue to be engaged with ETF strategies, with 88% using them to boost client portfolios in Australia this year. The annual VanEck Australian Smart Beta Survey collected data from 650 Australian financial advisers and brokers; the ... |
| | | | Hillcrest Strategic Partners will now distribute the Blue Orbit Asset Management Global Small Cap Systematic Alpha Fund. According to Blue Orbit, the agreement follows a comprehensive process to expand its distribution capabilities. "Hillcrest's ... |
| | | | The NZ Super Fund has shifted about 40% of its overall portfolio to low carbon indices, in a move that will "significantly reduce" the number of listed companies the fund owns directly. The NZ$57 billion fund began to roll over its indices to the MSCI ... |
| | | | In opening the Financial Standard Managed Accounts Forum, MLC head of investment consulting (managed accounts) Brent Bevan explained the greatest roadblocks that stop the creation, adoption, or rollout of managed account programs. Addressing how there ... |
| | | | Most active funds underperform in every reported category over longer-term horizons, according to the biannual S&P Indices Versus Active Funds (SPIVA) Australia Scorecard. However, although long-term performance statistics are poor, the SPIVA Australia ... |
| | | | Montgomery Investment Management unveiled the second fund to come out of its partnership with Aura Group, the Aura Core Income Fund. The fund is an open-ended, Australian-registered managed investment scheme with a minimum investment of $25,000, offering ... |
| | | | Reserve Bank of Australia (RBA) governor Phillip Lowe has said the board will do what's necessary to ensure inflation in Australia returns to target. At its meeting yesterday, the board increased the cash rate target by 50 basis points to 2.35%. "The ... |
| | | | The SMSF Association is urging Canberra to address legacy pensions and extend the temporary absence rule for non-residents in its first budget. In the Associations submissions, chief executive John Maroney highlighted several key measures that remain ... |
| | | | APRA has begun consulting on new prudential standards to strengthen the financial crisis response of banks, insurers and superannuation trustees. The regulator said the two proposed standards are aimed at ensuring entities are prepared to deal with ... |
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