Fund Product, Company and Regulatory Updates as at 30 July 2019

Fund Product, Company and Regulatory Updates as at 30 July 2019
  • Russell Investments enters managed accounts space

  • HUB24 announces multi-currency functionality for IMs

  • Pinnacle IM set to launch zero(ish)-fee ETF

  • BetaShares launches FTSE 100 ETF

  • Cooper Investors launches equities fund

  • LGIAsuper switches out WTW for JANA as asset consultant

  • First State Super and VicSuper planning merger

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Fund Product, Company and Regulatory Updates as at 16 July 2019

Fund Product, Company and Regulatory Updates as at 16 July 2019
  • BetaShares launches government bond ETF

  • Blockchain super admin platform launched

  • Boutique fund manager Mhor Asset Management shuts down

  • JP Morgan dumped at Funds SA after two decades as custodian

  • Deutsche Bank traversing new ground

  • AMP adds Zenith and Quilla to MyNorth, launches new portfolios offer, publishes whitepaper

  • Hostplus in merger talks with Club Super

  • CountPlus offloads conflicting SMA platform solution

  • ASIC cancels AFS licence of Australian Mutual Holdings Limited

  • ASIC offering fintech more flexibility

  • ASIC increases licence application requirements

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Fund Product, Company and Regulatory Updates as at 20 June 2019

Fund Product, Company and Regulatory Updates as at 20 June 2019
  • Intrust Super launches micro-investing platform for members

  • LUCRF Super updates insurance premiums

  • BetaShares and Legg Mason launches active ETF

  • BUSSQ increasing admin fees

  • Industry association closes its doors after almost a century

  • APRA imposes licence conditions on AMP Super and board

  • ASIC acts against SMSF advisers

  • Whitebox Trading off the hook

  • Super and retirement calculators soon to include inflation

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Fund Product, Company and Regulatory Updates as at 4 June 2019

Fund Product, Company and Regulatory Updates as at 4 June 2019
  • Perennial launches active ETF with an ESG strategy

  • Legg Mason launches new ‘deeper green’ ESG fund

  • Moelis Australia launches insto credit fund on the ASX

  • BetaShares launches Indian ETF

  • SSGA to launch ETF model portfolios

  • Alleron IM relaunching brand

  • MLC Life appointed group insurer by Maritime Super

  • Cartel class action launched against major institutional investors

  • Natixis joins Future Females in Finance

  • Sunsuper integrates CBH Super in another merger

  • Blue Sky placed into receivership

  • NAB sells Ausmaq to German group

  • APRA zeroing in on IOOF group companies

  • Aurora fund takeover bid fails

  • Macquarie Securities pays $300,000 penalty

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Fund Product, Company and Regulatory Updates as at 27 November 2018

  • BetaShares launches first active fixed income ETF in Australia

  • UBS launches emerging markets equity fund

  • Vision Super divesting from thermal coal, tar sands, tobacco

  • Women’s Economic Security Statement 2018 released by government

  • ASIC extends relief for non-cash payment facilities

  • Exceptions made in Protecting Your Super reforms

  • UBS Securities pays $120,000 MDP infringement notice

  • Dampier Finance convicted and fined for failing to lodge financial statements

  • State One Stockbroking breaches cost company $500,000

  • ASIC now free to hire gun staff as needed

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Fund Product, Company and Regulatory Updates as at 28 August 2018

  • UBS joins Climate Bonds Initiative Partners Programme

  • OneVue, Mercer and Nextplan with new private label offering

  • BetaShares to launch three new ETFs

  • JP Morgan fund to remove tobacco, reduces fees

  • Charter Hall buy Folkestone

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Fund Product, Company and Regulatory Updates as at 12 December

  • BetaShares launches ESG fund
  • Anti-sexual harassment ETF rolled out
  • Fee free LIC fund to be reopened
  • AIST merger
  • PineBridge expands offering
  • Aurora RNY unitholder left unpaid
  • Insurance platform launched by Energy Super
  • Women locked out of property investments
  • Merrill Lynch infringement notice penalty
  • Poor super fund ultimatum delivered by APRA
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Fund Product, Company and Regulatory Updates as at 20 June 2017

  • Kinetic Super improves member cover
  • World Vision launches investment fund
  • VicSuper launches ESG option
  • BlackRock launches two cash ETFs
  • BetaShares launches floating rate bond ETF
  • AMP updates North platform
  • HESTA announces new group insurance provider
  • Citigroup pays $50,000 infringement
  • ASIC extends Stronger Super start date
  • Group Underwriters & Managers (GUM) ASFL cancelled
  • Synergy pays penalty for misleading advertising
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Fund Product, Company, and Regulatory Updates as at 27 September 2016

  • Legg Mason launch macro bond fund
  • BetaShares launches Cybersecurity ETF
  • Zurich acquisition of Macquarie approved
  • IRESS acquires Financial Synergy super software provider
  • Westpac changes staff incentives structure
  • Vision Super divests three more carbon companies
  • TA Associates to buy Aus Goldman Sachs Asset Management
  • Westpac refunds $9.2m in fees
  • CBA pays $180,000 in penalties for unlawful/inappropriate overdrafts
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Fund Product, Company, and Regulatory Updates as at 16 August 2016

  • MLC adds 56 new investment options to MLC Wrap and Navigator
  • Macquarie Wrap adds new funds
  • HUB24 adds five Mercer funds
  • CFS adds global equity to FirstChoice platform
  • Shaw and Partners and Praemium set up managed account solution
  • AMP Capital launches new multi-asset fund on ASX
  • BetaShares launches ETFs
  • Titantrade.com warning
  • Pacific Millennium International Investment Group AFSL cancelled
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Fund Product, Company, and Regulatory Updates as at 5 July 2016

  • BetaShares launching global sector ETFs locally
  • REI Super goes public
  • MyLifeMyMoney (Catholic Super) merges with Transcomm Credit Union
  • Investec invests in Wholesale Investors
  • Contango divests funds management arm
  • XTrade forced to change client money handling
  • Etern Wisdom Global, Ergo Capital, and Advamode AFSLs cancelled
  • Macquarie Bank's AFSL conditions dropped
  • ASIC commences proceedings against Macquarie IM
  • Macquarie Securities (Australia) adds to Macquarie woes with contraventions
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