Fund Product, Company and Regulatory Updates as at 9 April 2019

  • QB launches execution algorithm on ASX

  • IFM Investors opens European office

  • VicSuper and First State Super consider merger

  • NAB scraps 'introducer payments’

  • Christian Super launches Aboriginal and Torres Strait Islander reconciliation plan

  • Institutional Shareholder Services acquires Strategic Insight

  • New alternatives platform launch

  • New small caps boutique at Fidante Partners

  • Zurich closes international equities fund

  • Australian Super increases insurance premiums

  • Refundable franking credits removal fails committee approval

  • Budget relaxes super contribution rules for retirees

  • Product dashboards for MySuper products temporary disclosure-related relief extended

  • APRA’s new powers in the super realm

  • New laws for financial product design and distribution pass

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Fund People as at 9 April 2019

  • Pinnacle welcomes new head of retail, marketing director, director of listed products

  • QIC appoints new chair

  • Ernst & Young appoint super and insurance expert as partner

  • Mine Super appoints new CIO

  • J.P. Morgan welcomes new CEO

  • AMP Capital appoints new local real estate head

  • Future Fund creates new deputy CIO role

  • Rice Warner changes to leadership team

  • New head of Australasia at Blackrock

  • FSC welcomes new board members

  • Sunsuper welcomes AustSafe Super’s CEO in new role after merger

  • Aberdeen loses head of fixed income

  • BUSSQ puts long-standing CIO ‘on leave’

  • IOOF loses MD in Royal Commission take-down

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Australian and Global ESG Update as at 2 April 2019

  • Financial services and the Modern Slavery Act - time’s up

  • SuperRatings - research into how ‘sustainable’ investment funds are performing

  • NZ investors take action on tech giants over terror attacks

  • The Australian Sustainable Finance Initiative launched

  • Industry Super Holdings under the pump to divest weapons supplier

  • Disabilities-focused Dutch fund introduces bespoke index

  • Research Report: Sizing the Impact Investing Market

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Fund Product, Company and Regulatory Updates as at 26 March 2019

  • Sunsuper rolls out new online services for advisers

  • Macquarie no longer offering SMSF residential home loans

  • Hostplus partners with Flexstone Partners on private equity emerging managers program in USA

  • MyNorth fees dropped

  • Quinn Emanuel launches shareholder class action against IOOF

  • APRA may publish worst performing super funds, trustees to expect harsher treatment

  • Perpetual launches credit income trust

  • ASIC places Endeavour and Linchpin into liquidation

  • ASIC cancels first AFSLs of those failing to join AFCA

  • ASIC obtains interim injunctions against Forex Capital Trading

  • Westpoint investors will receive $1.5 million after class action

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Fund People as at 26 March 2019

  • Super and pensions fund head appointed at Goldman Sachs

  • Link Group welcomes two new executives to new merged team

  • Frontier Advisors appoints two and loses two directors

  • HESTA appoints new director

  • AMP Capital hires infrastructure equity adviser

  • Rest super welcomes two new executives into new units

  • Media Super loses deputy chief and GM of operations

  • Blue Sky CFO resigns after two months

  • Vision Super appoints chief risk officer

  • REI Super CEO leaving fund

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Fund Product, Company and Regulatory Updates as at 12 March 2019

  • Low carbon fund launched by Russell Investments

  • Investec launches Global Environment Strategy

  • Allianz Retire+ first investment product launched

  • Loomis Sayles launches credit fund

  • BlackRock launches Australian ESG bond fund

  • Sunsuper implements advice fee caps

  • IFM Investors establishes emissions reduction targets

  • Statewide Super considering merger with WA Super and Tasplan

  • New super legislation to drop fees, consolidate accounts

  • Abu Dhabi and ASIC sign collaboration agreement

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Fund People as at 12 March 2019

  • Saxo Capital Markets welcomes new CEO

  • Midwinter appoints new CEO

  • LUCRF Super board changes

  • AMP Capital Multi-Asset Group CIO appointment

  • Blue Sky appoints new CEO

  • APRA appoints GM of superannuation

  • GESB Superannuation appoints new GM of investments

  • Equity Trustees appoints new deputy chair

  • CBA Group Super CEO retiring

  • Tasplan CIO resigns

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Fund Product, Company and Regulatory Updates as at 26 February 2019

  • JP Morgan announces new digital currency for institutional investors

  • New superannuation laws passed in the Senate

  • Fight to remove controversial weapons from global indices joined by Aussies

  • HSBC’s EU concluded

  • New powers by ASIC to punish banks more harshly

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