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How a net zero future drives infrastructure asset growth

Magellan/clearbridge-investments/infrastructure/net-zero/

As the global economy moves toward a decarbonised world, large-scale utilities will be driving the move towards net zero, according to two infrastructure fund managers.

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Government provides $4.3m for ASIC greenwashing actions

ASIC/greenwashing/treasury/

ASIC is to receive an extra $4.3 million from the government to crack down on businesses making misleading sustainability claims as part of plans for an Australian Sustainable Finance Taxonomy.

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What can be done about adviser exam delays?

financial-advice/education/exam/

Long delays encountered by candidates sitting the financial adviser exam online are the result of “users’ system issues”, according to ASIC.

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JAWG pushes Jones for faster QAR implementation

quality-of-advice-review/jawg/Stephen-Jones/

The Joint Associations Working Group (JAWG) has urged the Government to act quickly on measures in the Q

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Global X expands portfolio management team

BetaShares/global-x/ETFs/hires/

Global X ETFs has appointed Jessica Leung from BetaShares as its newest portfolio manager.

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Financial planner jailed for nine years for $3.3m fraud

ASIC/jail/

A Sydney financial planner has been sentenced to a maximum jail term of nine years after pleading guilty to 12 counts of dishonestly obtaining financial advantage by deception.

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Equities to come out of earnings ‘valley’: Munro Partners

munro/equities/

Investor appetite for equities is set to recover as markets “look through the valley” to the other side of the bear market, according to the fund manager.

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Can Australia restock its supply of financial advisers?

BT/striver/RDR/

Dwindling numbers of Australian advisers is a major concern, but BT Financial chief executive Matt Rady says the thriving UK market gives him hope that Australia can attract new blood to the profession — provided we go about it the right way.

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It's time for ESG funds to dump toxic tech exposures

Alphinity-Investment-Management/ESG/Elon-Musk/tesla/artificial-intelligence/chatgpt/

A conversation between Elon Musk and Google co-founder Larry Page reveals the sociopathic nature of the Big Tech companies that dominate ESG funds.

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Magellan shuns banks amid recession doubts

Magellan/recession/banks/financials/The-Magellan-Global-fund/

Magellan has begun positioning its $7.3 billion Global portfolio for a recession, which it believes is a likely scenario this year.

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