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Elston appoints investment specialist from Morningstar

elston-asset-management/Elston/hires/morningstar/

Elston Asset Management has announced the appointment of Clint Abraham as its new investment specialist.

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Super funds investing at least $25bn in fossil fuel expansion

climate-change/super-funds/fossil-fuels/Superannuation/

New analysis has found the 15 largest funds are collectively investing at least $25 billion into opening new coal, oil, and gas projects despite commitments to tackling climate change.

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Significant shake-up ahead for RBA

RBA/Philip-Lowe/monetary-policy/

Already headlining as one the largest shake-ups in the Reserve Bank of Australia’s history, the central

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Will experience pathway help stem adviser exits?

Wealth-Data/experience-pathway/infocus/insignia-financial/

The extension of the experience pathway by two extra years means another 424 advisers lacking degrees could be eligible as the industry sees double-digit departures this week.

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Are emerging markets now a ‘safe haven’ for investors?

emerging-markets/inflation/Maple-Brown-Abbott/blackrock/Fidelity-International/

As developed economies continue to tackle inflationary pressures, emerging markets are rebounding over their inflation curve and into a growth period.

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Lonsec appoints executive director from Franklin Templeton

lonsec/hires/Franklin-Templeton/

Following Lonsec’s acquisition of Implemented Portfolios in 2022, the research partner has announced the newly created role of executive director adviser sales and service.

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Credit crunch concerns prompt fixed income flight

Bank-of-America/fixed-income/equities/

Investors are the most underweight to equities relative to bonds since the Global Financial Crisis as fears of a credit crunch drive up fixed income allocations.

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Iress announces management restructure and job cuts

iress/review/

Following a strategic review of its business, Iress has made changes to its senior leadership teams, launched a new innovations division and announced a 10 per cent headcount reduction.

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How can the $3m super tax proposals be improved?

Jim-Chalmers/treasury/smsf-association/FSC/

Indexing the $3 million threshold and using actual earnings to calculate tax are among suggestions from associations to the Treasury super concession consultation, described as a “tax grab” in its current form.

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Asset managers remain dovish on equities and bonds

T.-Rowe-Price/blackrock/asset-allocation/

Despite the early-year rebound in the equities market and expectations of an easing in monetary policy conditions, equities and long-term bonds remain out of favour with global asset managers.

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