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Baby boomers turn to local private debt: Research

CHLOE WALKER  |  WEDNESDAY, 6 MAR 2024
... Australian Debt Megatrends, stated that local private debt is the perfect retirement-age asset class due to its excellent track record in downside protection. The asset class is also said to pay monthly or quarterly income and greatly mitigate sequencing ...

Growthpoint recruits new chief executive

ANDREW MCKEAN  |  WEDNESDAY, 6 MAR 2024
... search process and believes Ross has outstanding leadership qualities and strategic capabilities, along with an exemplary track record in the Australian REIT and funds management sectors," he said. Fay also thanked Collyer for his leadership of Growthpoint ...

EG to target intermediaries

CHLOE WALKER  |  TUESDAY, 5 MAR 2024
... ETFs or indexed funds being used in client portfolios, and most advisers will say: 'Unless you can demonstrate a long-term track record of outperforming an index, we will use an index'." Weingarth also highlighted the rise of alternative assets in a ...

Low investor demand sees equities funds wound up

JAMIE WILLIAMSON  |  MONDAY, 4 MAR 2024
An Australian equities fund from a global manager and an emerging markets equities offering from a local boutique will both be terminated. Both T. Rowe Price and Paradice Investment Management are shuttering funds, citing investors' best interests. ...

Blackwattle Partners launches global fund

CHLOE WALKER  |  MONDAY, 4 MAR 2024
... asset classes approach us," Skinner revealed. "We soon came across Sunny, who we knew. He brought an excellent pedigree track record, and we knew we could build a team around him. "Given the current market opportunities and the performance of incumbent ...

HNWI collecting activity stoops: Knight Frank

CHLOE WALKER  |  THURSDAY, 29 FEB 2024
Despite a slew of record-breaking sales, luxury investment markets weakened in 2023, according to the Knight Frank Luxury Investment Index (KFLII). For only the second time, the KFLII, which tracks the performance of 10 popular investments of passion ...

Fidelity launches global bond fund

CHLOE WALKER  |  WEDNESDAY, 28 FEB 2024
Fidelity International has launched the Fidelity Global Bond Fund, offering investors a broad and diversified exposure to global bond markets. The fund invests mainly in investment-grade global sovereign and corporate bonds but also provides exposure ...

MLC Life Insurance hires from Cbus

CHLOE WALKER  |  TUESDAY, 27 FEB 2024
... someone with Robinson's background and expertise joining the group to help deliver on its strategy. "Mirella has a proven track record of delivering customer experience by building strong teams, driving innovation, agility, and performance in diverse ...

Iress sells platforms business

KARREN VERGARA  |  MONDAY, 26 FEB 2024
... line with its strategy of refocusing on core businesses of wealth, trading and market data, and superannuation. Iress is on track to divest its mortgages business in the UK. "This transaction represents another milestone in our progress towards a simpler ...

How will Division 296 Tax impact farmers?

CHLOE WALKER  |  THURSDAY, 22 FEB 2024
... payment in years of low cash flow. "This is not an asset that farmers are generally holding to make a capital gain on down the track - it's something that is quite often passed to the next generation," Timms said. "Therefore, they don't generate ...