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Super mergers only beginning: J.P. Morgan

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 MAR 2022
... critical that funds, regardless of their size, continue to leverage scale as it applies to them. "What has been interesting to read is that some of the smaller funds, that represent specific member cohorts, believe that member experience could be impacted ...

Industry funds buoyed by unlisted assets

KARREN VERGARA  |  FRIDAY, 11 MAR 2022
Industry superannuation funds tend to outperform SMSFs and retail funds thanks to their allocation to unlisted assets and by managing investments internally. An Industry Super Australia analysis found that a member who joined an industry fund in 1996 ...

ASIC sets adviser exam dates

KARREN VERGARA  |  WEDNESDAY, 9 MAR 2022
ASIC has set the final three sitting dates for the financial adviser exam in 2022. Following the first round of exams that took place in February, ASIC announced new sitting dates yesterday. Enrolments for the May sitting open on April 4 and close on ...

Vanguard suspends trading in Russian securities

JAMIE WILLIAMSON  |  TUESDAY, 8 MAR 2022
Vanguard has suspended the purchasing of Russian securities from all its actively managed funds and is also working to divest passive holdings. In a statement, Vanguard said its total exposure to Russia only accounts for about 0.01% of client assets ...

Alpha females

ELIZABETH MCARTHUR  |  TUESDAY, 8 MAR 2022
... the case. When we first launched our FAIR ETF, I vividly recall receiving a phone call from an irritated company chair who read about the exclusion of his company from the fund on the basis of not meeting the diversity standards. However, over the past ...

Direct indexing: The next evolution?

CHLOE WALKER  |  MONDAY, 7 MAR 2022
By nature, humans love to customise things. From personalised recommendations on Netflix and Stan, to suggested playlists on Spotify or iTunes, everyone craves to have things that serve them by knowing them. An interaction with a device, person, or ...

New digital solution to close advice gap

CHLOE WALKER  |  FRIDAY, 4 MAR 2022
SWU Group has partnered with OpenInvest to make high quality investment products and services more readily available. The online investing solution, called SWU Online Invest, is being delivered via a partnership with Melbourne-based fintech investment ...

Boardroom diversity benefits investors: eToro

CHLOE WALKER  |  FRIDAY, 4 MAR 2022
eToro has launched its new new FemaleLeadership Smart Portfolio, offering investors long-term exposure to companies already exhibiting strong gender equality credentials and awareness. The portfolio, composed of US-listed companies from the existing ...

NZ Super Fund excludes Russian debt, state-owned holdings

JAMIE WILLIAMSON  |  THURSDAY, 3 MAR 2022
... invasion, in addition to considering the actions of their peers, expert advice and other relevant factors," their statement read. Given the serious nature of the issues, widespread condemnation, and the close association of the companies to the Russian ...

ASIC consults on FSCP sittings

KARREN VERGARA  |  TUESDAY, 1 MAR 2022
ASIC is seeking feedback on how and when the Financial Services and Credit Panel should convene when addressing financial adviser misconduct. Under the newly released Consultation Paper 359 Update to RG 263 Financial Services and Credit Panel, the corporate ...