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Take your CAPE ratio with a grain of salt

ALLY SELBY  |  MONDAY, 17 AUG 2020
... future returns for the next one to three years," Lazard Australian equity portfolio manager Aaron Binsted told Financial Standard. "It's an effective measure of value at a very simple headline level. You have to take it for what it is: a really long-term ...

Schroders appoints head of private debt

KANIKA SOOD  |  FRIDAY, 14 AUG 2020
... assets offering locally this year, with a private equity fund of funds launched last month, first reported by Financial Standard in January. Plans for a private debt offering with ANZ focus were also underway. Kidd has 25 years of investment banking ...

Advisers bolt to cash, gold

ANNABELLE DICKSON  |  FRIDAY, 14 AUG 2020
... the number one spot again after receiving flows of $130 million. BetaShares chief executive Alex Vynokur told Financial Standard the $2 billion cash ETF is popular with advisers that are de-risking portfolios and allocating more towards ETFs as the fund ...

Platform business in administration

KANIKA SOOD  |  THURSDAY, 13 AUG 2020
... Spitfire put on the backburner developing a super product, which is what we needed for the advisers," Johnson told Financial Standard. "I want to put on the record; Spitfire IDPS was one of the best in the market. It is still the only platform that can ...

HESTA consolidates investment options

JAMIE WILLIAMSON  |  WEDNESDAY, 12 AUG 2020
... the fund to better concentrate its investment expertise on a more focused set of choices. In a statement to Financial Standard, HESTA chief investment officer Sonya Sawtell-Rickson said the changes will support the "continued delivery of strong, competitive ...

Bendigo and Adelaide Bank to face fresh class action

ELIZABETH MCARTHUR  |  TUESDAY, 11 AUG 2020
... Great Southern managed investment scheme are being finalised this week. EQ Legal director Sasha Ivantsoff told Financial Standard that 850 entities including self-managed super funds, trusts and individual investors had expressed interest in the class ...

CalPERS chief investment officer resigns

JAMIE WILLIAMSON  |  FRIDAY, 7 AUG 2020
... fund was investing in Chinese companies that are blacklisted by the US government. In a statement provided to Financial Standard at the time, CalPERS chief executive Marcie Frost defended Meng, and said the fund invested in line with the Federal Office ...

Christian Super appoints new chief investment officer

ELIZABETH MCARTHUR  |  TUESDAY, 4 AUG 2020
... Macready was previously both chief investment officer of Brightlight and Christian Super. Last year he told Financial Standard that his role would have to be split in two eventually as Brightlight grew. Brightlight was established in 2017, with Macready ...

Partners Group hires from GSFM

KANIKA SOOD  |  TUESDAY, 4 AUG 2020
The global private markets fund manager has hired multi-boutique GSFM's head of research and key accounts. Shaun Thomas joined Partners Group last week, as a client relationship manager. He reports to Partners Group's local head of retail Jonathan ...

Pinnacle reports FY20 inflows, profits

KANIKA SOOD  |  TUESDAY, 4 AUG 2020
... overseas distribution, for the first time putting people on ground outside of Australia, as first reported by Financial Standard. Five affiliated earned performance fees during the period, contributing $6.6 million to Pinnacle's revenue. Almost all ...