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| | | Fund managers are being pushed into allocating more of their portfolios towards alternatives, as traditional investments continue to provide low returns, according to a new Morningstar report. The Multi Sector Wrap report examines 78 multisector funds ... |
| | | | The economic impact of the coronavirus has been grossly underestimated, with jolts likely to be felt well into the second quarter. That's according to Capital Group economist Stephen Green, in a speech televised to attendees at the recent Financial ... |
| | | | Superannuation industry professionals are going head to head over Australia's super guarantee system, yet all agree it's time for an upheaval. In a submission to the Treasury's Retirement Income Review Panel, the Actuaries Institute called for universal ... |
| | | | The AMP Financial Planners Association is anticipating a class action to be filed on behalf of its members later this month, as it gears up to merge with the Hillross Advisers Association. Speaking to Financial Standard, AMPFPA chief executive Neil ... |
| | | | AMP is facing a fresh class action, as Shine Lawyers confirms it is investigating whether the firm's financial advisers breached their fiduciary and statutory duties to an estimated 100,000 clients. Shine Lawyers alleges the beleaguered firm failed ... |
| | | | After admitting its own gender pay gap has grown in the last 12 months, Future Super has ranked the S&P/ASX 100 from best to worst when it comes to gender equality in the workplace. The Gender Equality Report also recommended changes the Aussie businesses ... |
| | | | The global equities powerhouse cracked $100 billion at January end but no one at their offices is popping the champagne. Magellan reported its total funds under management as $104 billion at the end of January. Just one year ago, this number was about ... |
| | | | A Perth-based financial advice firm had to call in liquidators, with its directors blaming a 30% fall in its business revenue after the Royal Commission among other reasons. WA Wealth Managers (and WAWM Holdings Pty Ltd, as the main related firm) was ... |
| | | | The value of robo-advice will surpass the US$1.4 trillion mark in 2020, according to new research. LearnBonds.com is predicting robo-advice will become worth US$1.4 trillion globally, jumping by 47% year on year. By 2023, it predicts assets managed ... |
| | | | ... as the Treasury conducts a public consultation on stamping fees for LICs and LITs. PIMCO announced plans to raise for the LIT in November last year, in what was to be a first for the company in Australia. The vehicle would invest in global credit markets ... |
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