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Showing 41 - 50 of 621 results for "Discretionary"

GQG assets hit record high despite underperformance

KARREN VERGARA  |  WEDNESDAY, 9 JUL 2025
... protecting client capital amid valuations and macro-economic volatility. In the March quarter, GQG slashed its consumer discretionary and information technology holdings to reposition for the "extraordinary market volatility" after US tariffs were rolled ...

Super spending calls BFID compliance into question

JAMIE WILLIAMSON  |  TUESDAY, 24 JUN 2025
... shortcomings. The review of 14 RSE licensees' expenditure practices and decisions comprised thousands of documents covering discretionary spending, marketing and connected entity expenses. The regulator also looked at the contributing factors to funds' ...

Fidelity International launches first global equity SMA

ANDREW MCKEAN  |  WEDNESDAY, 11 JUN 2025
... financial advisers face when allocating to core global equities, noting that many still allocate passively or use discretionary active global managers at a higher fee. "This SMA gives advisers the choice to invest in an actively managed global portfolio ...

AMP, intelliflo introduce dashboard enhancements for advisers

MATTHEW WAI  |  TUESDAY, 13 MAY 2025
... office, allowing advisers to make cashflow projects and customise inputs and outputs for clients with family or discretionary trusts, as well as those who are establishing one.

Ascent Investment mastermind cops 33 criminal charges

KARREN VERGARA  |  MONDAY, 12 MAY 2025
... operated a 'Ponzi' scheme." In Ascent's 2020 financial statements and tax return, which was described as a "discretionary trust - investment activities", the company reported net income of $8.8 million and assets of $117.5 million. ASIC also ...

Global X China Tech ETF in the works

ANDREW MCKEAN  |  THURSDAY, 1 MAY 2025
... for investing in China's tech sector is the growing divergence within it. Legacy internet platforms and consumer discretionary technology companies are facing structural challenges, including slower user growth tighter regulatory oversight, and compressed ...

Equity Story to buy advisory firm Baker Young

ANDREW MCKEAN  |  TUESDAY, 22 APR 2025
... Baker Young's 6000 client accounts and $700 million in funds under management, including $180 million in managed discretionary accounts. The Baker Young brand will be retained as a division within Equity Story, with co-founders and joint managing directors ...

GQG rejigs allocations amid tariff pain

KARREN VERGARA  |  WEDNESDAY, 9 APR 2025
GQG has slashed its consumer discretionary and information technology holdings as it repositions for the "extraordinary market volatility" after US tariffs were rolled out last week. GQG said it continues to reposition portfolios with "the aim of achieving ...

What to expect in the 2025 Federal Budget

ELIZA BAVIN  |  TUESDAY, 25 MAR 2025
... HSBC chief economist Paul Bloxham has warned against. "As is typical of pre-election Budgets, we expect a boost to discretionary spending. Spending announcements already made include on health, student debt relief, infrastructure, manufacturing, and ...

Managed accounts sector grows to $233bn

KARREN VERGARA  |  TUESDAY, 11 MAR 2025
... (SMAs) holding the largest market share of 64% or $148 billion. The SMA asset pool grew 36% year on year. Managed discretionary accounts (MDAs) account for 25% of total assets or $58.3 billion, rose 5% year on year. IMAP chair Toby Potter said there ...