Australians favour families’ retirement over inheritance

inheritance/inheritance-planning/aged-care/retirement/

Amid aged care funding discussions, new research reveals 73 per cent of Australians would be willing to forego an inheritance to let older family members enjoy a comfortable retirement.

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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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