ASIC updates ETFs regulations amid strong market growth

ASIC/ETF/regulator/ETPs/

ASIC has released a new regulatory guide for exchange-traded products (ETPs), including ETFs, on the back of significant growth in the market.

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Macquarie AM sees tripling of active ETF assets

Macquarie-Asset-Management/active-ETF/private-markets/managed-accounts/

Assets in Macquarie Asset Management’s active ETFs have tripled to $2 billion in the last six months, helping the division deliver a net profit contribution of $1.1 billion.

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UBS AM appoints AU leadership as Telfer departs

UBS/UBS-Asset-Management/appointment/departure/

With UBS Asset Management chief executive, Alison Telfer, set to join Schroders, the firm has appointed a company veteran as her interim successor.

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Vanguard proposes tax scheme to address young Aussies’ underinvestment

Vanguard-Australia/young-investors/tax/

With property becoming increasingly out of reach for young Australia, Vanguard has proposed a tax-incentivised scheme to help cash-heavy individuals build wealth.

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Large licensees v boutique firms: Who has the most advisers?

Wealth-Data/licensees/boutique/adviser-numbers/

Compared to four years ago when the divide between boutique and large licensees were largely equal, adviser movements have seen this trend shift in light of new licensees commencing.

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Investors seek crypto-native advisers for tax guidance

cryptocurrency/bitcoin/CoreData/asset-allocation/

CoreData has shared the top areas of demand for cryptocurrency advice but finds investors are seeking advisers who actively invest in the asset themselves.

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Bell Financial nabs Clime IM CIO

Bell-Financial-Group/chief-investment-officer/appointments/Clime-Investment-Management/

Bell Financial Group has appointed a chief investment officer who joins the firm from Clime Investment Management.

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ASIC’s Longo flags greater enforcement activity for private credit funds

private-credit/ASIC/Joe-Longo/

Private markets funds with “unattractive practices” could find themselves facing enforcement activity with ASIC chair Joe Longo stating he cannot rule it out in the future.

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Sequencing and longevity risk drive need for diverse retirement strategies

Retirement-Income-Covenant/longevity/financial-advice/

With regulators ‘raising the bar’ on retirement planning, Lonsec Research and Ratings has urged advisers to place greater focus on sequencing and longevity risk as they navigate clients through the shifting landscape.

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Market uncertainty fuels adviser interest in small caps and EMs

Fidante/Australian-small-caps/australian-equities/emerging-markets/financial-advice/equities/

As ongoing market uncertainty sees advisers look beyond traditional equity exposure, Fidante has found adviser interest in small caps and emerging markets for portfolio returns has almost doubled since April.

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