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CoreData expands team to focus on ESG research

Australian-Ethical/CoreData/Andrew-Inwood/research-house/

Global research consultancy CoreData has appointed Angus Dennis from Australian Ethical Investment as it expands its research into responsible and ethical investment.

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The Manager Mix – Fixed Income: Anthony Kirkham of Western Asset

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In this new episode of The Manager Mix, host Laura Dew speaks to Anthony Kirkham, head of Asia-Pacific i

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First QAR legislation introduced to Parliament

Government has introduced a bill to Parliament to legislate the first stream of the QAR reforms.

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Can AI positively boost asset managers’ AUM?

artificial-intelligence/FUM/asset-managers/mercer/

Investment managers who plan to implement artificial intelligence in the next five years expect to see increased productivity, but views are mixed on whether it will boost revenue and assets under management.

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WA individual sentenced over $57k insider trading

ASIC/insider-trading/sentence/

A former corporate adviser has been sentenced in the Supreme Court of Western Australia for insider trading to realise a profit of more than $57,000.

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AFCA appoints CSLR ombudsman

AFCA/CSLR/complaints/Dixon-Advisory/

AFCA has appointed a senior ombudsman specifically to specialise in Compensation Scheme of Last Resort complaints, with the scheme set to come into force on 2 April.

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Room for improvement with self-employed clients

Business-Health/small-businesses/financial-advisers/

There is an opportunity for advice firms to improve their relationships with self-employed clients, as Business Health finds they report low satisfaction levels with their adviser’s performance.

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Significant revenue rises seen at listed advice licensees

Wealth-Data/licensees/AFSL/revenue/

Wealth Data analysis has seen a “significant jump” in gross revenue per financial adviser at eight ASX-listed financial advice licensees, and detailed the range between highest and lowest revenues.

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Alternative asset growth prompts demand for private market expertise

Kaizen-Recruitment/private-markets/recruitment/

Private markets expertise is sought-after for investment operations hires as allocations to alternative assets rise, according to a recruitment firm, but there is a gap between demand and supply.

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High complaints volume ‘new normal’ for AFCA

AFCA/david-locke/CSLR/complaints/

AFCA has already received almost 70,000 complaints since the start of the financial year, and chief executive David Locke has warned this sustained high growth shows the industry is in a “new normal”.

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