Betashares backs fixed income boom with global ETF

ETF/BetaShares/fixed-income/global-bonds/ETFs/

ETF provider Betashares has launched a global bond ETF as investors pour billions into cash and fixed income ETFs.

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Platinum scraps LIC conversion after L1 Capital opposition

Platinum/listed-investment-companies/active-ETF/L1-Capital/

The possibility of a dissenting vote from shareholder L1 Capital has led Platinum Asset Management to scrap its conversion plan for the $450 million Platinum Capital LIC into an ETF.

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Private wealth head zones in on advice efficiency

advice/efficiency/productivity/Shaw-and-Partners/

Shaw and Partners’ new national head of private wealth believes the biggest challenge for financial advisers right now is being able to deliver efficient advice delivery amid a complex regulatory environment and growing investment universe.

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Gender imbalance in advice hindering intergenerational wealth transfer

wealth-transfer/wilsons-advisory/gender-diversity/intergenerational-wealth/women/

While Australia prepares for the $3.5 trillion intergenerational wealth transfer, two female advisers have discussed why women may be detracted from seeking advice and the impact of the gender imbalance in the industry.

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‘Enough is enough’: Takeover bid made for commercial property fund

Family-office/commercial-property/takeover/challenger/

Family office Lederer Group has made an off-market takeover bid for ASX-listed Elanor Commercial Property Fund, with chair Paul Lederer taking exception at the firm’s lack of accountability, oversight and transparency.

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Sequoia ramps up APL scrutiny with new committee

Sequoia/AFSL/APL/licensee/ASIC/

Danielle Press, a former ASIC commissioner, is to chair a new AFSL committee set up by Sequoia which seeks to improve governance practices and review its approved product lists.

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Orbis targets advised retail audience with marketing hire

global-equities/financial-advice/Orbis/hire/

Global equity manager Orbis Investments has appointed a head of marketing from Capital Group as it becomes the latest manager to target advised retail investors.

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Janus Henderson seeks private wealth firms for strategic partnerships

Janus-Henderson/fixed-income/retirement-income/bonds/

Janus Henderson is actively seeking to partner with private wealth firms in Australia as it looks to expand its number of strategic partnerships, as well as focus on retirement income product development.

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CSLR consultation launched into $47 million special levy

CSLR/financial-advice/treasury/levy/

The Treasury has launched a consultation into how the $47 million special levy for the Compensation Scheme of Last Resort will be funded.

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The cultural dealbreaker in advice M&A

M&A/advice/acquisition/

Two commentators have shared why cultural alignment can be the biggest deal breaker when it comes to advice M&A and how to ensure a successful fit.

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