Has ESG label become too overloaded among investors?

ESG/responsible-investing/responsible-investment/nanuk-asset-management/nanuk/

With the ESG label often causing confusion among investors, Nanuk Asset Management has encouraged financial advisers to use more plain, specific language with their clients.

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GBST evolves tech platform to meet changing adviser needs

GBST/technology/platform/financial-advice/

Advice technology firm GBST has upgraded its WealthConnect platform to meet the evolving needs of advisers.

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US credit manager targets Australia with wholesale fund launch

Channel-Capital/fund-launch/credit/

US alternative credit manager Apollo Global Management is viewing Australia as a “priority market”, as it launches a fund for Australian wholesale investors with Channel Capital.

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Pinnacle unveils Women in Asset Management Scholarship Program

Pinnacle/Pinnacle-Investment-Management/gender-equality/gender-diversity/

The investment manager has launched a new scholarship and career development program to promote women entering the asset management industry.

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The crucial considerations when switching clients into alternatives

fixed-income/private-credit/Mercer-Investments/asset-allocation/

Two commentators have shared why the inclusion of alternatives in a diversified portfolio shouldn’t be a simple switch with a traditional asset and will depend heavily on clients’ objectives.

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Morgans CEO to step down

Morgans/ceo/financial-advice/

Morgans chief executive, John Clifford, has announced he will step down from the wealth management group after eight years leading the business.

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Magellan suffers $1bn in outflows, launches new fund

Magellan/funds-under-management/fund-launch/

Magellan Financial Group experienced $1 billion in net outflows during April but managed to offset this and report a rise in FUM, having also announced its fourth fund from its partnership with Vinva.

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First Sentier appoints financial, strategy chief

First-Sentier-Investors/first-sentier/appointment/

First Sentier Investors has hired its incoming chief financial and strategy officer to drive growth, having also confirmed its entry into the Australian ETF market last month.

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BT Panorama sees FUA pass $120bn

westpac/platforms/BT-Panorama/bt-financial-group/

Funds under administration on the BT Panorama platform have passed $120 billion in the last six months as it progresses its migration of Asgard into the platform.

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ETF Shares drops first 3 products on Cboe

ETFs/fund-launch/global-x/

Having officially opened its doors, ETF Shares – led by three former Global X employees – has now launched its first three ETF vehicles on Cboe Australia for financial advisers.

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