JANA announces suite of senior promotions

JANA/appointment/promotion/

JANA Investment Advisers has enacted multiple internal promotions across its advisory, research and investment teams following a round of head appointments last month.

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First Sentier shifts Stewart Investors management as senior managers exit

First-Sentier-Investors/Stewart-Investors/portfolio-manager/

First Sentier has announced it will transition the Stewart Investors investment management responsibilities to its affiliate investment team in light of three senior portfolio manager exits.

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RLAM plans 2 fund launches for Australian market

London/asset-manager/fund-launch/global-equities/

The $365 billion UK fund manager Royal London Asset Management is to launch two funds in Australia by the end of November as it seeks to build an international presence.

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Education deadline to prompt steep upcoming adviser drops

Adviser-Ratings/adviser-numbers/advice-industry/report/

Adviser Ratings has revealed almost 400 advisers joined the FAR in the third quarter but, with just seven weeks to go until the education deadline, more than 1,000 could depart in the upcoming two quarters.

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Costly active ETFs penalised by investor flows

ETF/pricing/active-ETF/ETFs/

With ETF pricing becoming more competitive than ever, those active ETF vehicles priced higher than 120bps are the only segment of the popular product to see outflows.

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Pengana appoints Tyndall veteran as portfolio manager

Pengana/australian-equities/appointment/tyndall/

Pengana has appointed a senior fund manager from Tyndall Asset Management to join its Australian equities team, who departs after 18 years.

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Advice firm launches online investing solution targeting accessibility gap

OpenInvest/accessibility-of-advice/advice-gap/product-launch/

Hudson Financial Planning has partnered with OpenInvest to launch an online investing solution designed to address Australia’s advice accessibility challenge.

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Advisers’ perception gap on non-advice inefficiencies

financial-advisers/efficiency/data/

| By Alex Driscoll |

Advisers are underestimating how much time they spend on non-advice work, creating inefficiencies within their practice which has a financial impact on their bottom line, according to Elemnta.

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IAM promotes Press to chair

asset-manager/appointment/danielle-press/board-appointment/

Income Asset Management has promoted former ASIC commissioner, Danielle Press, as chair of its board following the retirement of John Nantes.

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Relative Return Insider: Economic shifts, political crossroads, and the digital future

Relative-Return/Podcast/

| By Staff |

In this episode of Relative Return Insider, host Keith Ford and AMP chief economist Shane Oliver discuss the Reserve Bank of Australia’s cautious stance in response to persistent inflation, subdued growth prospects, and political shifts affecting the nation’s journey towards net zero emissions.

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