HNW female investors defying ‘risk-averse’ stereotypes

female-advisers/female-investors/JBWere/risk-profile/risk-tolerance/

While previous data often portrays female investors as more risk-averse and unconfident compared to male counterparts, JBWere research shows high-net-worth women have similar risk profiles to men.

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Perpetual appoints Charles River for Australian asset management business

Pendal-Group/Perpetual/

Perpetual has appointed Charles River Development – part of State Street – to manage the front office operations of its Australian asset management business.

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Allianz Retire+ makes wealth management appointment

allianz-retire+/distribution/wealth-management/retirement/hires/

Allianz Retire+ has appointed Brendon Rodda from PIMCO as chief distribution officer for wealth management.

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Former economics committee chair Wilson plots political return

Superannuation/tim-wilson/politics/Josh-Frydenberg/Jane-Hume/

Former chair of the House of Representatives’ Standing Economics Committee, Tim Wilson, is planning a return to politics after losing his seat in the 2022 federal election.

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Reflecting on ‘whirlwind’ first year of running an advice firm

financial-advisers/advice-practice/business-growth/

One year after launching their own financial advice businesses, two advisers share their reflections with Money Management including the challenge of balancing steady growth as a smaller practice.

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Strategic review prompts multi-asset reshuffle at Perpetual

Pendal-Group/Perpetual/multi-asset-strategies/

Following a review of Perpetual Group’s multi-asset capabilities, the asset manager has decided to combi

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Do diversified portfolios still pay off for clients?

crypto-asset/morningstar/diversified-strategies/portfolio-construction/

It is becoming harder for financial advisers to build investment portfolios as Morningstar finds broad portfolio diversification has failed to add value in recent years compared to a vanilla portfolio of equities and bonds.

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The outsourcing piece in the advice gap equation

outsourcing/paraplanning/Virtual-Business-Partners/AZ-NGA/financial-advisers/

Australian financial advice firms are increasingly looking towards outsourcing as a tool to optimise their business, two industry professionals share, freeing advisers to focus more on client-facing duties.

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ASIC reminds licensees of ongoing registration obligations

ASIC/adviser-registration/AFSL/licensees/

ASIC has reminded advisers that their registration requirements are an ongoing obligation, having met the first deadline on 16 February, and highlighted when a registration may cease.

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Global fund managers bullish amid soft landing consensus

Bank-of-America/fund-management/asset-allocation/

Global fund managers are the most bullish they have been in more than two years, the latest Bank of America manager survey has shown.

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