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ETFs, smart beta grow in popularity

CASSANDRA BALDINI  |  FRIDAY, 16 SEP 2022
... 46% of financial professionals currently use smart beta strategies and a further 40% are evaluating or planning to in the next year. It said 59% of surveyed participants employ two or more smart beta strategies, which is an increase from 56% in 2020. ...

FPA Congress a chance to 'reunite, reset'

CHLOE WALKER  |  FRIDAY, 16 SEP 2022
... the first major industry event held after the result of the vote is known. The AFA's national conference is taking place next week. Whether members vote in favour of the merger, the Congress will be a critically important venue to discuss the implications ...

Susan Buckley to leave QIC

ELIZABETH FRY  |  FRIDAY, 16 SEP 2022
... regarded and respected across the Australian financial services industry. We wish her all the best as she embarks on this next chapter." Rampa said Buckley will work with Morris on a comprehensive handover as she transitions out of the business. Buckley's ...

UniSuper caps future investment in fossil fuels

RACHEL ALEMBAKIS  |  FRIDAY, 16 SEP 2022
... zero 2050 target and activities around climate risk management. "Decarbonisation will be a pervasive theme for at least the next decade," chief investment officer John Pearce said in the report. "It is both essential and inevitable. This will involve ...

Mawhinney ban overturned, to face retrial

JAMIE WILLIAMSON  |  THURSDAY, 15 SEP 2022
... law. Commenting, ASIC deputy chair Sarah Court said the regulator will consider the judgment very carefully and evaluate its next steps. "ASIC took this case to protect the public from the risk of significant financial harm arising from what we believed ...

Continuity an increasing focus for family offices: Survey

CHLOE WALKER  |  THURSDAY, 15 SEP 2022
... Other things family offices are concerned with at the moment is preserving the value of their assets (65%) and preparing the next generation to be responsible wealth owners (51%). The report also stated that leadership successions at the family, family ...

Top concerns of the rich revealed: Survey

CHLOE WALKER  |  WEDNESDAY, 14 SEP 2022
... of the year. Of these, 43% saw a drop of more than 10%. However, the outlook is positive - 80% expect to see gains in the next 12 months, with 62% expecting their portfolios to grow by 5% or more. In terms of where they're allocating, public equity ...

Anton Tagliaferro announces retirement

JAMIE WILLIAMSON  |  WEDNESDAY, 14 SEP 2022
After 25 years, Investors Mutual founder Anton Tagliaferro will retire, saying the time is right to hand over to the next generation. Tagliaferro founded Investors Mutual in 1998, having previously been with Prudential and Perpetual. The retirement ...

ASX to close on September 22

CASSANDRA BALDINI  |  TUESDAY, 13 SEP 2022
The ASX will close trading for both its equities (ASX Trade) and futures (ASX 24) markets next week to observe the National Day of Mourning for Queen Elizabeth II. In line with the government's announcement to commemorate Queen Elizabeth on September ...

JANA announces Sustainability Advisory Council

CASSANDRA BALDINI  |  MONDAY, 12 SEP 2022
... processes? And so much more," concluded Lamborn. Lamborn recently announced he is stepping down as JANA chief executive, effective next month. He is to be replaced by Georgina Dudley who is currently general manager of strategy and innovation.