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Chinese property market to stabilise

ELIZA BAVIN  |  TUESDAY, 28 MAY 2024
... period." In addition, Chan and Kushlis said these new measures will keep downward pressure on property prices, but only for now. "Once the issues surrounding purchase price and sizing of unsold homes are resolved, property prices should begin to stabilise," ...

Principal Finisterre launches new debt fund

ELIZA BAVIN  |  MONDAY, 27 MAY 2024
... market developments such as resilient emerging market growth, prudent risk pricing, and easing US financial conditions. "Right now, we are seeing a squeeze in terms of valuations which are positively impacting investors, allowing them to access the benefits ...

How super funds could better support members: Research

ELIZA BAVIN  |  MONDAY, 27 MAY 2024
... retirees who had taken their savings as a lump sum were least satisfied with their choice, with only 56% saying they were now happy or very happy with their decision, compared to 87% of those who had either moved their superannuation to a pension account ...

Clime to offload Madison Financial Group

JAMIE WILLIAMSON  |  MONDAY, 27 MAY 2024
... that includes the integration of Clime products into Infocus' platform. Clime bought Madison four years ago from OneVue, now Certane Corporate Trust, for about $4.5 million. At that time, it had 103 active advisers. As of last Thursday, the ASIC ...

Former licensee chief takes new role

JAMIE WILLIAMSON  |  FRIDAY, 24 MAY 2024
... Helen Blackford, formerly chief executive of Insignia Financial's licensing and professional services businesses, will now lead Nestworth Financial Strategists. Blackford has been appointed chief executive of the group, which is backed by AZ NGA. ...

ASX loses technology and data head

KARREN VERGARA  |  FRIDAY, 24 MAY 2024
... enterprise data strategy, the ASX Synfini offering, and a team that focuses on new product development and innovation. The ASX is now on the hunt for Chesterman's replacement. ASX chief executive and managing director Helen Lofthouse said: "Over ...

SEC approves eight Ethereum ETFs

ELIZA BAVIN  |  FRIDAY, 24 MAY 2024
... Invesco Galaxy and Franklin Templeton. This comes after the commission approved Bitcoin ETFs back in March this year. "ETH is now firmly on the path towards ETP status. Although already the second largest crypto asset, this will expand investor awareness ...

Major themes to watch in the ETF space

ELIZA BAVIN  |  THURSDAY, 23 MAY 2024
... gold ETFs as risk-hedging, so we've seen that this year, with gold rallying to an all-time high. What we're seeing now is gold being used as a strategic allocation in portfolios." Metcalf added that while a few years back emphasis was on innovation ...

SMSFs' use of advisers plummets: Research

ANDREW MCKEAN  |  WEDNESDAY, 22 MAY 2024
... that they feel they can manage their own finances, they think advisers are too expensive, or they don't need advice right now. A bad experience with an adviser in the past is also a common reason. Most established SMSFs get advice from accountants ...

Fidelity confirms active ETFs to launch in coming weeks

JAMIE WILLIAMSON  |  WEDNESDAY, 22 MAY 2024
... Australia managing director Lawrence Hanson saying the firm is "committed to making investing with us as easy as possible." Now, Fidelity has confirmed it will launch the Fidelity Asia Fund, Fidelity India Fund, and Fidelity Global Future Leaders Fund ...