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Australians bullish on 2021 recovery

KARREN VERGARA  |  THURSDAY, 25 MAR 2021
... PIMCO's quarterly investor sentiment finds renewed optimism among Australians, who expect economic growth to continue over the next 12 months. About two thirds (63%) of Australians surveyed during December 2020 expect to achieve better-than-average returns ...

Aberdeen Standard rejigs Aussie equities fund

KANIKA SOOD  |  THURSDAY, 25 MAR 2021
... stocks that ASI thinks are not being properly captured by MSCI. "ESG isn't just about risk mitigation we are [heading] to the next step which is alpha generation," she said. Aberdeen's Australian equities team manages about $1 billion, of which the majority ...

Investment manager creates new executive role

ELIZA BAVIN  |  WEDNESDAY, 24 MAR 2021
... wealth of experience and proven track record, particularly in engaging offshore capital, this will help support and drive the next phase of growth for the group," Sproats said. "As a firm we also pride ourselves on creating strong relationships with ...

Industry fund chief steps down

KARREN VERGARA  |  TUESDAY, 23 MAR 2021
... Mitchell leaving Mine Super, Kelly said "we are delighted that he has accepted a position at Recreo to lead that company in its next stage of growth to continue to deliver better outcomes for Mine Super members". "Harry has been a transformational leader ...

COVID-19 spurs robo-advice demand

KARREN VERGARA  |  TUESDAY, 23 MAR 2021
... financial advisers by 2026. Nearly half (42%) are of the opinion that the change has already taken place or will do so in the next five years. Consumers, however, still depend on humans when it comes to major purchases or significant lifestyle events ...

Brian Hartzer to release leadership book

ELIZABETH MCARTHUR  |  TUESDAY, 23 MAR 2021
... development book on effective leadership in April. The leadership star: A practical guide to building engagement is due out next month, presents a five-point framework developed by Hartzer to maximise team engagement. In a preview for the book, he said ...

APAC lagging on net zero goal: Survey

ELIZA BAVIN  |  TUESDAY, 23 MAR 2021
... relatively small (17%), it's on an upward trajectory that is expected to rise to over half of all investors (52%) in the next five years. The survey found the shift will take place mainly in Europe and North America, where in both regions more than 60% ...

Not-so-Zuper: Super disruptor folds

JAMIE WILLIAMSON  |  MONDAY, 22 MAR 2021
Having failed to reach sufficient scale, the millennial superannuation fund will close its doors next month. Closed to new members as of March 10, existing Zuper members have now received word that the offering will cease to exist from April 30 - just ...

Chief economist update: What a difference an Australian year makes

BENJAMIN ONG  |  MONDAY, 22 MAR 2021
... at an elevated 66.1%. Sure, Australia has had some delays in the vaccine roll-out but with cases of infections virtually next to nil, life has and can go on to pre-pandemic normal - jabbed or unjabbed. Having said that, the RBA is taking no chances. ...

Low pass rate for latest FASEA exam

ELIZABETH MCARTHUR  |  THURSDAY, 18 MAR 2021
... will no longer be able to practice as licensed financial advisers. FASEA reported that 2300 advisers have registered for the next sitting in March.