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Pinnacle founder on avoiding ‘rockstar culture’ in fund management

Pinnacle/Magellan/fund-management/

Pinnacle’s founder, Ian Macoun, has explained how he has structured the firm with its affiliate boutiques in order to avoid the negative impact of key person risk.

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Digital advice ‘market leader’ in voluntary administration

digital-advice/Financial-planning/advice-intelligence/

One of Australia’s leading providers of digital advice solutions has entered voluntary administration.

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Franklin Templeton CEO on the benefits of advice commission

Around a quarter of the population would benefit from advice via commission compared to fee-based advice, particularly younger investors, according to Franklin Templeton’s chief executive, Jenny Johnson.

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Ken Moelis-backed fundie bullish on credit amid debt crisis

moelis-Australia/private-credit/acquisition/

EXCLUSIVE: Two years after joining forces with Ken Moelis, a New York-based asset manager is exciting Aussie investors with opportunities in US private credit amid a major banking crisis.

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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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