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KKR seeks to educate advisers on alternatives usage

Alternatives/KKR/CFS/colonial-first-state/private-equity/real-estate/

KKR, global investment firm and majority owner of Colonial First State, has launched an education platform for financial advisers to educate them on alternative assets.

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Relative Return: Investing in a secure retirement

Podcast/Relative-Return/

In this episode of Relative Return, host Phil Tarrant is joined by Amanda Gardner, National Strategy Manager at Challenger, to examine the latest retirement income innovations.

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T. Rowe Price moves underweight on Australian equities and bonds

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T. Rowe Price has moved underweight on both Australian equities and bonds after more than a year of neutral positioning as it is concerned about short-term earnings.

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Superannuation reverses losses with strong 2023 returns

Chant-West/Superannuation/performance/Mano-Mohankumar/

Super funds have delivered a strong 2023 calendar year result, bolstered by strong international share markets, successfully reversing losses of 4.6 per cent in the previous year.

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Three Aussie firms among first signatories of global disclosure regime

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Three investment managers are among the first 12 Australian organisations to state they intend to start making disclosures aligned with the global Taskforce on Nature-related Financial Disclosure.

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Government seeks to implement mandatory AI guardrails

artificial-intelligence/government/ASIC/regulation/FSC/

With several financial services firms looking to implement AI into their business, the federal government is examining introducing mandatory guardrails to ensure it can be a global leader in responsible AI.

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Thousands of advisers risking career without new ASIC registration

financial-advice/ASIC/Sarah-Abood/

Almost 6,000 financial advisers have just two weeks to register with ASIC if they wish to continue to provide advice with the FAAA warning “a lot is at stake” if they remain unregistered.

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Five ways the advice exam could change in the future

ASIC/treasury/exam/professional-year/

Money Management collates the recommendations of major associations and how they would like the financial advice exam to change in the future following consultation.

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Fund managers most bullish on rates in 23 years

Bank-of-America/interest-rates/central-banks/cash/sentiment/equities/

Global fund managers are starting the year with an optimistic mindset and “have never been as bullish” on the prospect for short-term interest rates, according to Bank of America.

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Licensee switching prompts outflows at Praemium

praemium/Powerwrap/platforms/licensees/

Licensee switching by advisers has led Praemium to report $334 million in net outflows in the December quarter on its ultra-high net worth platform Powerwrap with the rate expected to continue for the next nine months.

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