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| | | Too many asset managers are disregarding liquidity risks and are unprepared in the event of mass redemptions, a review by the Financial Conduct Authority (FCA) finds. The UK regulator found that many authorised funds dismiss their liquidity management ... |
| | | | The asset consultant has selected enterprise data management firm Rimes to assist in delivering strategic technology solutions and better serve clients. JANA will onboard the Rimes Matrix solution and said it's a "critical component" aiding its ... |
| | | | While super funds' returns might have recovered, member satisfaction certainly hasn't. In fact, a new report shows it's fallen even further. The latest CSBA FEAL Superannuation CX Benchmarking report found 25% of members who had recently engaged with ... |
| | | | The disgraced director of Select AFSL, the company the Hayne Royal Commission exposed for hawking life and funeral insurance to vulnerable customers, has been banned from managing a company for five years, while his companies were fined $13.5 million. ... |
| | | | Global X launched its first broad-based commodity ETF down under, the Bloomberg Commodity ETF (BCOM). BCOM tracks the Bloomberg Commodity Index 3-Month Forward Excess Return, offering investors access to both soft and hard commodities such as grains ... |
| | | | ... this year, ASX said it has been exploring options across four solution archetypes: to fix the CHESS replacement, build a custom solution, a product-based solution, and iterate over legacy CHESS. In exploring a product-based solution, a request for information ... |
| | | | As Baby Boomers exit the workforce, all wealth industry participants need to rise to the challenges and opportunities presented by the great intergenerational wealth transfer, AUSIEX chief executive Patrick Salis says. According to AUSIEX's latest research ... |
| | | | Among other companies to confirm their involvement, a second US pension fund has notified members their personal information was stolen in the same breach impacting members of CalPERS. The California State Teachers Retirement System (CalSTRS) told members ... |
| | | | An academic has raised concerns about the impact anti-hawking laws will have on superannuation funds' ability to provide financial advice amid the federal government's proposal to open advice to other channels. Anthony Asher, an associate professor ... |
| | | | Industry Super Property Trust overhauled its leadership team, including adding a chief investment officer and two group executives to oversee funds management and property. ISPT said it has restructured its business for success, adding four new roles ... |
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