Why GQG won’t be enamored by trendy stocks

gqg/tech-stocks/stock-picking/

Reflecting on his 30-year career, GQG chairman Rajiv Jain has stressed the importance of avoiding a dogmatic approach to allocations and why technology stocks aren’t necessarily coming back into favour.

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AMP provides roadmap to ‘move the needle’ on digital advice

amp/quality-of-advice-review/digital-advice/

As industry bodies push for quicker implementation of the Quality of Advice Review, AMP has revealed how digital advice providers can lead the way forward.

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Child exploitation and crypto mining in ‘ethical’ ETFs

westpac/ETFs/ESG/ASIC/T.-Rowe-Price/cryptocurrency/

EXCLUSIVE Popular ETFs could soon come under ASIC’s radar as major ESG funds hold stocks that leading investment managers believe are far from ethical.

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abrdn wholesale director departs

abrdn/distribution/

Laura Mitchell has exited abrdn after more than 12 years, moving over to Atrium as sales manager.

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Top investment talent back new fund manager

fund-launch/fund-managers/aware-super/Pinnacle/Zurich/

Blackwattle Investments Partners, a new diversified fund manager, has commenced operations and will launch its first four investment portfolios from July 2023.

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Former fund manager banned for $7m naked short selling

ASIC/banning/

A former fund manager has been banned by ASIC for three years for naked short selling of shares worth $7 million.

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Tyndall AM launches Australian small-cap fund

Yarra-capital-management/tyndall/small-cap/

The new fund will invest in a diversified portfolio of some 25–70 Australian small-cap companies believed by the asset manager to be undervalued.

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Upward trend in advice entrants continues

Wealth-Data/advisers-exit-industry/Adviser-Ratings/

There continues to be slow but steady growth in adviser numbers, with the number increasing to 15,846 following a small net gain of one adviser this week, according to Wealth Data.

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Could the QAR spark more M&A in financial advice?

Hall-&-Wilcox/mergers-and-acquisitions/advice-firms/

If banks and super funds were to begin providing advice, this advice director expects it would “absolutely spark another round” of mergers and acquisitions.

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Rate tracking 'tricking' investors into financial loss

market-volatility/

Interest rate forecasts are a "distraction",  according to one asset manager, which has described the market as a “demonic beast”, working to “trick” investors into making poor financial decisions. 

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