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Financial Planning

Optimix gets optimal rating from Lonsec

Citing strong fund performance research house Lonsec has given ING Group's Optimix range of manage the manager funds a 'recommended' rating.

Clarification: Former Sanford head banned by ASIC

In yesterday's newsletter it was reported that Dr Goh was also known as Stephen Goh. This is not correct with the actual relationship between the two being father and son.

Corporate Super faces outsourcing bottlenecks

Bottlenecks in outsourcing are likely to occur as as superannuation funds clamour to outsource their arrangements before the choice of fund legislation comes into effect and could impact on a fund's ability to be competitive.

Zenith rates Macquarie Morgan Stanley Global Franchise Fund as 'highly recommended'

Zenith has given the Macquarie Morgan Stanley Global Franchise Fund (GFF) a 'highly recommended' rating and has included the fund on its elite "Best of Breed" Recommended List.

Franklin Templeton paves way to international real estate

Global investment manager Franklin Templeton has launched its Fiduciary International Real Estate Fund, a fund of funds product allowing investors from Australia and New Zealand the opportunity to place their money in overseas unlisted property.

ASIC loses Johnston to Hong Kong

The Australian Securities and Investments Commission has lost another senior executive with the resignation of industry stalwart Ian Johnston.

Specialist training courses now available for SMSFs

Specialist training courses regarding self-managed super funds (SMFSs) have now been approved as meeting ASIC's training requirements and as such have been included as part of the ASIC Training Register.

Former Sanford head banned by ASIC

The former founder and managing director Dr Bean San Goh of Sanford Securities has been banned from providing financial services in relation to securities for five years by the Australian Securities and Investments Commission (ASIC).

Macquarie launches partnership with global managers....

Over 400 advisors today attended the official launch of Macquarie Advisors Professional Series, a distribution business offering two international funds, the Macquarie Morgan Stanley Global Franchise fund and boutique manager, Walter Scott & Partners ...

....and opens Equinox 5 fund for business

Macquarie has released the fifth fund in its Equinox series with plans for two further funds this year and is aiming at attracting a minimum of $10 million for the fund which invests in absolute return strategies.