The challenges faced by ESG after a ‘euphoric’ period

RIAA/dugald-higgins/Zenith-Investments-Partners/ESG/sustainability/

Ahead of the Responsible Investment Association Australasia annual conference in May, Zenith Investment Partners’ Dugald Higgins shares his thoughts on the evolving sector and the challenges it faces after a period of strong performance.

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The state seeing 37% financial adviser pay rises

salary/recruitment/financial-advice/Robert-Walters/remuneration/

The top salaries for financial advisers have risen by more than a third in the past year in one state, according to recruitment firm Robert Walters.

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JPMAM to eliminate usage of proxy advisers

JPMAM/JP-Morgan/Proxy-voting/

JP Morgan Chase chief executive, Jamie Dimon, has stated it aims to eliminate the usage of proxy advisers by the end of 2024 in its asset management arm as he believes it is becoming difficult for portfolio managers to overrule their voting decisions.

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Rethinking risk management for advice licensees

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Insignia Financial’s chief risk officer sheds light why the “multidimensional” risks of operating a financial advice licensee requires a holistic and curious approach.

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ASIC to appeal Finder crypto decision

ASIC/federal-court/crypto-asset/cryptocurrency/finder/crypto/

ASIC has appealed the Federal Court’s decision to dismiss proceedings against Finder regarding a crypto-asset product.

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Mercury Capital acquires 40% stake in Findex from KKR

KKR/private-equity/financial-advice/

Findex has announced private equity firm Mercury Capital will acquire a 40 per cent stake in the company from KKR as it seeks to triple in size in the next five years.

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How can advice firms avoid an AFSL failure?

AFSL/compliance/CSLR/Wealth-Data/

With 4.2 financial advice firms expected to fail per year, what type of problems can occur that could cause a licensee or micro-AFSL to go under?

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Mayfair 101’s Mawhinney charged with dishonest conduct

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The head of Mayfair 101, James Mawhinney, has been charged with four counts of engaging in dishonest conduct.

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Five themes in future ETF development

ETFs/crypto/active-ETFs/vanguard/State-Street/blackrock/Dimensional/

Five industry commentators have shared their insights on the future of ETFs, including a possible US$1 trillion ETF and more active ETF vehicles.

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Adviser Ratings and Zenith appoint senior hires

Adviser-Ratings/rainmaker-information/research-houses/hires/Zenith-Investment-partners/Zenith/

Adviser Ratings has appointed a new product director to its ranks, while Zenith Investment Partners welcomes back a former partner and senior investment consultant to the firm.

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