BlackRock and BetaShares expand ETF ranges

blackrock/BetaShares/ETFs/

Both fund management firms have launched two new exchange-traded funds with a focus on developed markets, infrastructure and real estate trusts.

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Mercer to own BT’s $1.9bn portfolio management service

mercer/managed-accounts/BT/BT-Super/

BT’s Private Portfolio Management business will transition to Mercer later this year, following the acquisition of Advance Asset Management and the transfer of BT Super.

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Former Courtenay House contractor sentenced over $180m Ponzi scheme

ASIC/Ponzi-scheme/

Athan Papoulias, former contractor to and promoter of Courtenay House investments, has been sentenced to two years’ imprisonment for his role in the Ponzi scheme.

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Count eyes success as significant wealth player

quality-of-advice-review/Countplus/Hugh-Humphrey/

Count’s chief executive, Hugh Humphrey, has told Money Management he hopes the firm’s rebranding will help it streamline its business as it acquires Affinia and sets out to be a significant player in wealth management.

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Is adviser experience equivalent to education?

Kaplan/FPA/AFA/phil-anderson/

In light of the recent experience pathway consultation, former AFA chief executive Phil Anderson has debated whether 10 years of experience can be comparable to a university degree.

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Responsible investors driven by convenience and pragmatism

ESG/ESG-investments/netwealth/

New data has revealed that while more Australians are investing responsibly, those who are sceptical of ESG have hardened their stance.

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GQG approaches US$100bn FUM

GQG-Partners/flows/fund-flows/

Funds under management at GQG Partners are approaching US$100 billion thanks to inflows of more than US$5 billion since the start of 2023.

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Hindenburg disaster: Icahn, Jefferies and the ‘Ponzi’ hand grenade

Donald-Trump/research/activist-investors/

Iconic investor Carl Icahn’s $15 billion conglomerate lost 40 per cent of its value last week following the publication of a damning report by Hindenburg Research.

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Where are managers making their equity and fixed income allocations?

Schroders/lonsec/Lonsec-Research/

Fund managers at the recent Lonsec Symposium have shared their thoughts on where investors should seek their equity and fixed income exposure in portfolios.

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No relief in sight for risk assets: BlackRock

equities/blackrock/maple-brown-abbott/

The “old playbook” of “buying the dip” does not apply in the current economic environment, with risk assets unlikely to benefit from rate relief any time soon, according to the global asset manager.

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