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Aviva creates climate policy head role

Aviva-Investors/responsible-investment/ESG/

Aviva Investors has appointed Nick Molho in a newly-created role of head of climate policy.

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The distribution challenge for fund managers

Calastone/distribution/

Fund managers can no longer shy away from the distribution challenge, according to Calastone, and should develop a way to target consumers without the need for an adviser.

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Australian UHNWIs more optimistic than global peers

Property/ultra-high-net-worth/Australian-HNWI/

Almost two-thirds of Australian ultra high-net worth individuals are expecting their wealth to rise this year despite rising inflation and interest rates, significantly higher than the global average.

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Qld adviser banned for three years

ASIC/financial-advice/banning/

ASIC has banned a Queensland adviser for three years for adopting a ‘layered advice’ strategy with clients.

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Aussie equity ETF demand spurs Feb growth

ESG/BetaShares/Aussie-equities/equities/

The Australian ETF industry’s FUM increased by $1.3 billion in February with investors opting for ETFs focused on domestic equities.

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2023 to be year of marked ESG shift: RIAA

ESG/simon-o'connor/RIAA/

ESG investing will swing from a “nice to have” to a must-have this year as the Government pursues a regulatory approach, the association said.

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Morningstar announces managed accounts range

morningstar/ETFs/active-management/

The portfolios would give advisers access to highly-rated managed funds and ETFs across a suite of six risk profiles.

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Should MIS review single out property schemes?

managed-investment-scheme/Sterling-Income-Trust/senate/Stephen-Jones/real-estate/

A financial services lawyer has raised questions about the managed investment scheme review focusing so heavily on the real estate asset class.

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Australian Ethical announces senior leadership appointments

Australian-Ethical/hires/appointments/

The ethical investment manager has welcomed a chief investment officer, a deputy chief investment officer, and head of impact and ethics.

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Benjamin Marshan to join CALI executive team

FPA/westpac/

The former policy and advocacy head at the FPA has announced he will be joining the Council of Australian Life Insurers' executive team.

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