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Don't blame ETFs: Spot poll

KARREN VERGARA  |  MONDAY, 19 FEB 2018
Exchange-traded funds (ETFs) are not at fault for the recent global equities sell-off and should not be blamed for the next financial market meltdown. This is the view of 68% of respondents polled in Financial Standard's survey last week, who said ETFs ...

Institutions suffer financial adviser drain

ALEX BURKE  |  MONDAY, 19 FEB 2018
... AMP's place at the top of the table was unsurprising given that it remains, by far, Australia's largest advice group. The next-biggest source of adviser drain was ANZ, which saw 197 people move on, followed by NAB (147) and Westpac (128). The non-institutional ...

La Trobe marches credit fund beyond $2bn

DARREN SNYDER  |  FRIDAY, 16 FEB 2018
... billion. Andrews added: "Following Blackstone's entry to our share register as an 80% owner, we are well placed to embark on our next phase of growth. We will also continue to broaden and evolve our product offering to suit investors' needs."

Synchron appoints state manager

KARREN VERGARA  |  FRIDAY, 16 FEB 2018
... officially commence his new duties on 1 April 2018. Wallis' career began at AON as a fund administrator in 2000 and spent the next eight years in sales and business development management roles with AIG, AIA Australia and Asteron. Synchron director Don ...

FASEA accelerates degree equivalency agenda

JAMIE WILLIAMSON  |  THURSDAY, 15 FEB 2018
... very hard to produce something for you as soon as we possibly can. I hope to be able announce something about that in the next number of weeks," Sanders told delegates this morning. While he could not provide an exact date of release, Sanders said FASEA ...

Contract work threatens super: Research

KARREN VERGARA  |  THURSDAY, 15 FEB 2018
... debate, it's hard to imagine a worse outcome for both workers retiring after a lifetime of fragmented employment and the next generation of Australians who will be asked to support them from a shrinking tax base as the population ages," Rowe said. The ...

Perennial to launch active income ETF

ALEX BURKE  |  THURSDAY, 15 FEB 2018
... manager is Stephen Bruce, who will oversee a team of 15 investment professionals. Its initial public offering will open in the next quarter and will seek to raise between $50 million and $250 million with a $4 application price. "We are aiming to provide ...

AXA IM names head of Australia for real assets business

ALEX BURKE  |  THURSDAY, 15 FEB 2018
... benefit from the expanded network and offering." "I have every confidence in Kumar's ability to drive Eureka through the next stages of its evolution and I am looking forward to working with him to achieve our strong ambitions in the Asia Pacific region ...

Avenir recruits Platinum analyst

ALEX BURKE  |  THURSDAY, 15 FEB 2018
... investment ideas and market insights will help us to build on our six-year track record of high performance and take the next step in our growth with the launch of the new retail fund class." He was referring to Avenir launching the retail class of its ...

AustralianSuper slashes insurance premiums

KARREN VERGARA  |  WEDNESDAY, 14 FEB 2018
Australia's largest superannuation fund is reducing insurance premiums that will save members $100 million over the next financial year. From May 2018, AustralianSuper and life insurance partner TAL will decrease life insurance premiums by 14% for death ...