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| | | In an ASX announcement, Generation Development Group (GDG) has reported negative quarterly gross inflows, down 38% on the period prior. GDG's net inflows were $59 million in the December quarter. The business also had $114 million sales inflows. GDG ... |
| | | | According to Calastone's Fund Flow Index, Australian investors significantly reduced their investments in managed funds in 2022. The index showed a sharp decline in inflows across all asset classes, with the biggest drop coming from fixed income funds. ... |
| | | | Inflation, bonds, China, and the energy transition are at the top of AXA IM chief investment officer Chris Iggo's list of themes that will shape 2023. Providing an outlook for the year ahead, Iggo said: "The economics profession did not prove to be ... |
| | | | Perpetual has completed its Pendal Group acquisition and confirmed two board appointments. "We are pleased to finalise the transaction that combines two of Australia's oldest and most respected active asset management businesses," Perpetual chair ... |
| | | | HUB24 has launched additional ESG ratings on its platform, following a collaboration with Morningstar and Responsible Investment Association Australasia (RIAA). The new functionality provides advisers with access to "data-driven insights" and reporting ... |
| | | | With wage inflation expected to persist into 2023, managing wage increases, employee satisfaction and other measures to attract and retain talent are issues on the agenda for ESG engagement this year. According to the latest data available from the ... |
| | | | UK-based Fulcrum Asset Management and its local distribution partner Ironbark Asset Management have appointed Angus Carson to the role of product specialist and country head, Fulcrum Australia. Carson, who is currently based in London, previously worked ... |
| | | | Spaceship is cutting costs, informing staff it will reduce the size of its team, while also restructuring its leadership. The superannuation and investment startup made the announcement on Tuesday, saying it expects four members of the team to leave ... |
| | | | With more than half of Australia's financial advisers now using managed accounts, State Street ETF model portfolio strategist Sinead Schaffer says their popularity is only going to continue to rise. Speaking with Financial Standard, Schaffer said ... |
| | | | Pre-retirees are increasingly interested in receiving financial advice, according to a retirement planning study by Fidelity International. Fidelity's New Life Old Life report shows that 80% of pre-retirees currently receive advice, have received ... |
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