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Setting the active record straight

ALEX BURKE  |  MONDAY, 18 SEP 2017
The overall performance of the active management industry is clouded by some well-known and widely-used benchmarks, according to Ariel Investments president Mellody Hobson. Speaking to Financial Standard at the Australian Institute of Superannuation ...

Superannuation gets another makeover

EMMA RAPAPORT  |  FRIDAY, 15 SEP 2017
The Federal Government is planning to turn superannuation on its head with a package of reforms introduced by Minister for Revenue and Financial Services Kelly O'Dwyer yesterday. The reforms, which apply equally to all APRA regulated superannuation ...

Alternative investment manager opens Sydney office

EMMA RAPAPORT  |  THURSDAY, 14 SEP 2017
A Paris-based investment manager which specialises in alternative beta strategies is eyeing opportunities in Australia with views to opening a Sydney office next year. Speaking at a media lunch in Sydney yesterday, Capital Funds Management (CFM) president ...

Netwealth and Zenith enter partnership

KARREN VERGARA  |  WEDNESDAY, 13 SEP 2017
Netwealth announced Zenith Investment Partners will manage its Elite Blend models on the Netwealth Super Accelerator and Wealth Accelerator services. Zenith joint managing partner David Wright said he has seen a "rapid rise of interest in managed account ...

DomaCom and ASIC reach agreement on retirement products

JAMIE WILLIAMSON  |  WEDNESDAY, 13 SEP 2017
... introduction of further retirement products. With plans to launch the SER product in early-2018, the decision by ASIC brings a close to a four-and-a-half year battle between DomaCom and the corporate watchdog. DomaCom chief executive Arthur Naoumidis ...

Adviser, Practice of the Year finalists named

JAMIE WILLIAMSON  |  TUESDAY, 12 SEP 2017
... profession," Bailey said. The 2017 AFA Adviser of the Year and Practice of the Year will be announced on 13 October 2017 at the close of this year's AFA National Conference on the Gold Coast.

Wall Street interrupted

BENJAMIN ONG  |  TUESDAY, 12 SEP 2017
... index jumped by 1.1% to a fresh record high of 2,488.1 points (more than making up for the 0.6% decline it recorded at the close of trading last week); the Dow Jones Industrial Average gained 1.2% overnight (from -0.9% last week) and regained its hold ...

Centrepoint accelerates distribution strategy

KARREN VERGARA  |  MONDAY, 11 SEP 2017
... Australia and Western Australia. Lisa Ng, who was a business consultant across South Australia and Western Australia for close to five years, has been promoted to national growth manager to work with Ryan Goodfellow, also a national growth manager and ...

Active management culture shifts boardroom discussion

DARREN SNYDER  |  THURSDAY, 7 SEP 2017
A global fund manager says all active management is not created equal yet it is being lumped together, leaving the industry to rewire its conversations with asset owners. During a trip to Melbourne, Sydney and Auckland recently to speak to institutional ...

Mercer names new chief investment officer

EMMA RAPAPORT  |  THURSDAY, 7 SEP 2017
Mercer strengthened its investment leadership with the appointment of a new chief investment officer for the Pacific. Long serving TCorp senior manager Kylie Willment will join Mercer from 25 October, overseeing the investment performance of Mercer's ...