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Don't miss out on deep value US stocks: GMO

CHLOE WALKER  |  THURSDAY, 12 JAN 2023
... models and weighting schemes, GMO sees a uniform level of attractiveness for deep value. "While the cheapest 20% of "standard value" portfolios do tend to be lower quality than the overall market, that is much less true for the other versions of value ...

Adviser salaries to jump in 2023: Experts

CASSANDRA BALDINI  |  WEDNESDAY, 11 JAN 2023
... superannuation," Kaizen Recruitment manager ESG responsible investing and wealth management Simon Gvalda told Financial Standard. Last year, Gvalda said the guide for a senior adviser was more along the lines of $120,000 to $160,000. "That's what ...

FSC releases claims handling standard for super funds

ANDREW MCKEAN  |  TUESDAY, 10 JAN 2023
The Financial Services Council (FSC) has released an enforceable standard for handling group life insurance claims in superannuation. The FSC's new standard replaces existing voluntary guidance and sets a minimum level of service that consumers can ...

GQG reports strong inflows

ANDREW MCKEAN  |  TUESDAY, 10 JAN 2023
... combined with our global diversified distribution capabilities position us well in the market." Speaking to Financial Standard, GQG managing director Laird Abernethy said the fund's stable net inflows and slight drop in FUM is a phenomenal result ...

HESTA adds US$200m to Stafford Capital private equity fund

ANDREW MCKEAN  |  MONDAY, 9 JAN 2023
HESTA is committing a further US$200 million to the HESTA Sustainable Capital Investment Trust, a private equity program managed with Stafford Capital Partners. HESTA's additional US$200 million investment increases the total size of the program to ...

Magellan reports $2.6bn net outflows

ANDREW MCKEAN  |  MONDAY, 9 JAN 2023
... significant drop compared to the $112.7 billion for the same period in the previous year. As previously reported by Financial Standard, Magellan chief executive David George is aiming to double the funds FUM by 2027, despite the fund's ongoing poor investment ...

First Sentier hires chief risk officer

CASSANDRA BALDINI  |  MONDAY, 9 JAN 2023
... organisations," he commented. "I look forward to the value she will add to our business in raising and maintaining the global standard of risk management and compliance within the three lines of defence."

What you read in 2022

CASSANDRA BALDINI  |  FRIDAY, 16 DEC 2022
... that was and an insight of what's still yet to come. As we leave you with the year's top stories, the Financial Standard team wishes our readers a safe and happy holiday period; we look forward to bringing you the news in 2023! The top stories ...

Mine Super and TWUSUPER explore merger

ANDREW MCKEAN  |  FRIDAY, 16 DEC 2022
... member funds, investments or insurance as a result of the funds singing this MoU. Yesterday, as reported by Financial Standard, according to APRA heatmap data, Mine Super's MySuper product was said to be poor performing in the context of Heatmap ...

Equity Trustees wins ClearLife mandate

ANDREW MCKEAN  |  THURSDAY, 15 DEC 2022
... the ClearLife Capital Opportunities fund and welcomed Equity Trustees appointment. As previously reported by Financial Standard, in October, Equity Trustees was also appointed as the responsible entity for the Hejaz Equites Fund and the Hejaz Property ...