‘One Jenga piece away from collapse’: Fragile data systems hindering advice

data/financial-advisers/efficiency/practice-management/technology/

Inefficient data processes and systems mean advisers are spending over half of their time on product implementation and administration at the expense of clients, according to research.

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Are real assets worth the illiquidity risk for portfolios?

financial-advice/portfolio-construction/IMAP/JANA/Alternatives/real-assets/Dexus/

Investment executives say the benefits of real assets for client portfolios can “absolutely” outweigh the illiquidity risk, provided there is a good understanding of its risks and returns and of client goals.

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Which priorities have fallen off ASIC’s enforcement list?

ASIC/breach-reporting/Hall-&-Wilcox/

With the regulator announcing its enforcement focus for 2025 last week, law firm Hall & Wilcox examines the areas which have dropped down the list in priority for the regulator.

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Mason Stevens appoints head of strategic accounts

Mason-Stevens/appointments/hiring/investment-trends/

Mason Stevens has tapped Investment Trends’ head of growth, alongside two other hires, to bolster its distribution team.

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GSFM appoints former adviser as Qld account manager

GSFM/commonwealth-bank/munro/praemium/hires/distribution/

Fund manager GSFM has appointed a key account manager for Queensland, following the appointment of a head of retail distribution last month.

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Adelaide advisory firm expands parental leave

adelaide/financial-advice/paid-parental-leave/

South Australian financial advice and accounting business Perks has extended its paid parental leave program from 12 to 26 weeks, putting it on par with big four firms.

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Research houses grapple with the rise of thematic ETFs

Thematics/ETFs/global-x/BetaShares/lonsec/

As thematic ETFs gain popularity among advisers, research houses have told Money Management of their unique challenge to rate these niche products and assess their long-term viability.

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US equity allocations ‘surge’ to 11-year high

Donald-Trump/US-equities/equities/asset-allocation/Bank-of-America/

Global fund managers are the most overweight to US equities since August 2013 on the back of the election of Donald Trump as US president-elect, according to Bank of America.

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AZ NGA makes first acquisition post-Oaktree deal

AZ-NGA/Sydney/financial-advice/M&A/

Professional services group AZ NGA has made its first acquisition since announcing a $240 million strategic partnership with US manager Oaktree Capital Management in September.

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Magellan shutters 2 sustainable funds

ESG/sustainable-funds/Magellan/

Magellan Financial Group has terminated three funds in its Core Series, including a sustainable fund and ESG fund, having determined they are “unlikely to achieve the necessary scale”.

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