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| | | The increased uptake of managed accounts is seeing advisers fulfil their client best interest duty with ease, according to new research. The latest Investment Trends Managed Accounts Report showed 91% of advisers rated managed accounts as 'good' or ... |
| | | | Mercer has announced a new strategic partnership with eVestment, a Nasdaq platform and institutional data and analytics specialist. Effective immediately, asset owners will be able to access Mercer's library of public and private markets research, ratings ... |
| | | | AMP Capital's Community Infrastructure Fund (CommIF), which has been fighting takeover bids and losing staff members, has made three key appointments. Odette Linnett has been appointed investment director, Carolyn van Leuven as senior advisor and Mathew ... |
| | | | The platform has made changes to its artificial intelligence capabilities to improve the user experience of its $140 billion non-custodial Virtual Managed Account solution. Praemium has expanded machine learning which has been able to identify transactions ... |
| | | | Aware Super has hit a new milestone, passing $150 billion in members' retirement savings. The fund also confirmed a new hire in its ESG team. Celebrating the milestone, the fund said it aimed to pass on the benefits of scale to members - most crucially ... |
| | | | AustralianSuper, QIC and Aware Super have invested in an American sustainable infrastructure firm. Generate builds, owns, operates and finances sustainable infrastructure. It has a portfolio of about $2 billion of such assets in the energy, waste, water ... |
| | | | The government has released a position paper on the Retirement Income Covenant and is inviting submissions until August 6. Subject to the legislation passing, the government plans to have the covenant come into effect in July 2022. The new paper, released ... |
| | | | Schroders created a new leadership role for its Australian fixed income strategy, promoting a long-serving employee to the post. Stuart Dear was appointed the head of Australian fixed income on July 19. He continues to report to head of fixed income ... |
| | | | The government on Friday released the draft legislation for the Financial Accountability Regime (FAR) which will apply to superannuation funds and insurers. The FAR extends the Banking Executive Accountability Regime (BEAR) which has applied to banks ... |
| | | | The $646 million listed investment company has announced a record investment portfolio for FY20, outperforming the index by 3.2%, ahead of its full-year results. WAM Global recorded investment portfolio performance of 30.7% and total shareholder return ... |
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