Fund Regulatory Update

Three advisers and an unlicensed SMSF scheme in court- The Federal Court has wound up an unlicensed scheme, MyWealth Manager, that was recommending investors put money into a self-managed superannuation fund (SMSF).

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Fund Product Update

  • Pinnacle closes Australia’s first zero-fee ETF

  • ETF Securities launches two new Ultra series ETFs

  • Janus Henderson launches ETF on Chi-X

  • BetaShares launches two currency-hedged global ETFs

  • State Street listing ESG ETF

  • Magellan set to pool three versions of Magellan Global Fund

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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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