Schroders FI head on two bond opportunities in 2024

bonds/fixed-income/Schroders/Stuart-Dear/inflation/

Schroders head of fixed income for Australia, Stuart Dear, has identified two areas of the fixed income market that he believes are currently attractive to investors.

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Pengana surpasses $100m with global private credit IPO

Pengana/Russel-Pillemer/private-credit/IPO/

Pengana Capital Group has exceeded the minimum subscription on its Pengana Global Private Credit Trust IPO, two days after launching.

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FSC calls for ‘less subjective’ sophisticated investor test

FSC/wholesale-investing/advocacy/

The Financial Services Council is proposing to make the sophisticated investor test less subjective as currently wholesale fund managers are hesitant to apply it.

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CFS sources replacement managers after FSI investment team closures

First-Sentier-Investors/CFS/colonial-first-state/fund-managers/

Following the closure of four investment teams last month by First Sentier Investors, Colonial First State has proposed multiple replacement managers for the CFSIL funds.

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Self-licensing brings practice management to forefront of advisers’ minds

self-licensing/financial-advice/financial-advisers/practice-management/

Insights from Ensombl has ranked practice management as the most frequently discussed topic among financial advisers as many move away from a licensee to set up their own businesses.

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ASIC cancels AFSL of Victorian asset manager

ASIC/asset-management/AFSL/

ASIC has cancelled the AFSL of a Victorian asset manager, seven months after an officer of the company was charged with money laundering offences in an AFP investigation.

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VBP launches business coaching solution for advisers

financial-advice/offshore/

Vital Business Partner has launched a new coaching solution to assist financial advisers and business owners looking to grow their practices and drive efficiencies.

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ASIC tests AI usage to read public submissions

ASIC/Joe-Longo/Senate-Committee/artificial-intelligence/

ASIC chair Joe Longo has told a Senate select committee that it has been running two pilot AI programs, including one to read public submissions.

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To scale or not to scale a growing advice practice?

financial-advice/scale/financial-advisers/

The decision to scale up a small advice practice can be a difficult judgement call. Money Management speaks with two advisers on whether the potential gains outweigh the initial costs for their business.

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