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| | | American Century Investments has appointed a former director from Dimensional Funds Advisers to run sales in Australia. Tom Fellowes has taken on the role of vice president of Australia sales. Based in Sydney, he will report to American Century's ... |
| | | | ... minimal or negative," it said. "A reduction in cash flow would be a particular concern for pension funds with high retiree-to-active member ratios e.g., plans with high benefit payment outflows), and pension funds with low funded status levels." |
| | | | ... million) of seed capital to help accelerate Janus Henderson's continued innovation in securitised credit and high quality active fixed income products, as well as other fixed income capabilities. Additionally, Guardian will receive equity warrants and ... |
| | | | Three AFS licensees - Australian Advice Network, IA Advice, and Sherrin Partners Services - have copped infringement notices from ASIC after their financial advisers provided personal advice while unregistered. Each licensee paid a $31,300 penalty in ... |
| | | | After a stretch that's favoured equities, particularly passive strategies, which hasn't bode well for active management or diversified portfolios, the tide is beginning to turn, according to Cbus deputy chief investment officer Leigh Gavin. Gavin said ... |
| | | | Cbus has confirmed it has reported to APRA an "unusually high spike in log-in attempts", impacting around 85 member accounts, which occurred several days after the cyber-attack that impacted other super funds. "At this stage of our inquiries, there ... |
| | | | Fitzpatricks Group appointed a head of product from Colonial First State (CFS) as it bolsters its investment products and services to financial advisers and their clients. Andrew Chapple joins Fitzpatricks in the newly created role based in Sydney. ... |
| | | | ... to smart beta strategies accounted for 21% of the overall ETF market last year as investors look to replace higher cost active funds. Dimensional ($53.4 million) and Global X ($39.3 million) also ranked highly. Importantly, however, these fee revenue ... |
| | | | The spate of cyberattacks targeting major Australian superannuation funds has laid bare a "critical vulnerability" in the sector's defences, according to financial services cybersecurity consultancy firm Software@Scale. The attacks, which have so ... |
| | | | ... Group. In a statement, Lakehouse said ETF popularity among Australian investors has soared in recent years, adding that its active approach provides investors a "compelling alternative" to passive index funds, particularly amid current volatility in ... |
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