Fund Regulatory Update
/Labor government looking at super fund role in advice to members
ASIC acts against 11 SMSF auditors
Binance AFS cancelled
Starfish FS AFS licence cancelled
Consultation on super performance opens
Fund Company Update
/Challenger offloading real estate business
Fund Product Update
/Global X launches equity ETF
Maple-Brown Abbott relaunches responsible investment fund
Asian Monthly Insight - February 2023 Highlights
/Investment fund assets in Asia witnessed a declined over the month and stood at US$4.7 trillion in February 2023. Over the last six months, the Asian funds industry has grown by 6.1%.
Read MoreEuropean Monthly Insight - February 2023 Highlights
/European assets under management (AUM) fell by 0.3% in February 2023 and capped at €11.9 trillion. In the last six months however, AUM has increased by 4.5%.
Read MoreYFYS superannuation review outcome
/The review aimed to identify unintended consequences of laws leading to poor outcomes for members, with a report published with its findings.
Read MoreSuper satisfaction down, but still higher than average
/Roy Morgan's Super Satisfaction Report found fund satisfaction decreased by 5.4 percentage points to 66.6 per cent in February, down from a record high of 72 per cent in January 2022.
Read MoreIOSCO report reveals threats to retail investors
/A report issued by IOSCO identified several escalating threats to retail investors, with the report to shape ASIC’s agenda.
Read MoreFund Company Update
/State Street acquires CF Global Trading
Aracon fund winding up
Fund Regulatory Update
/Vanguard issued formal warning by NZ regulators
ASIC urges super funds to improve life insurance arrangements for members
ALT Financial Group convicted on multiple charges
Cartesian Corporate Finance license suspended
ACVM licence cancelled
Fund Product Update
/Janus Henderson launches sustainable credit active ETF in Australia
Morningstar launches six new managed accounts
Northleaf launches senior private credit fund
Saxo launches suite of managed portfolios
BT winds up Retirement Wrap
Openmarkets launches custody capability
Lonsec integrates managed account solutions
Fund People Update
/Cbus CEO retires
ART appoints head of investment strategy
Cboe welcomes director
ANZIIF CEO departing
UBS appoints new head of fixed income APAC, welcomes back CEO
Pengana replaces chair, appoints new director
Antipodes appoints portfolio manager
Mercer promotes analyst to superannuation consultant role
ACTA Capital appoints MD
Legalsuper appoints new CEO
iShares appoints head of markets and investments
Frontier loses head of capital markets and head of alternatives, gains senior consultant and intern
QIC Real Estate appoints director of strategic partnerships
MLC AM appoints new heads of capital markets research team
Rest appoints head of investment governance
Global FlowWatch highlights - January 2023
/Global long-term mutual funds started the year with US$105 billion in net new money.
Read MoreGlobal ETF FlowWatch highlights - January 2023
/Global ETFs recorded $64 billion in net flows during January 2023, with bond ETFs leading with $34 billion in net new money.
Read MoreResearch: Women still behind in financial literacy, younger cancer claimants
/New research out of MetLife, Value of life insurance, shows that women are still more financially illiterate than men, and female cancer claimants are younger by a few years.
Read MoreResearch: female-led investment teams doing better over longer term
/MySuper products led by women have consistently outperformed by 0.3 per cent per annum over three, five and 10 years.
Read MoreFund Product Update
/PFL releases new research
Aware Super launches new platform
Janus Henderson launches sustainable credit ETF
Fund Regulatory Update
/ASIC consultation open on expiring class orders on changing responsible entities and equal treatment
Stop orders on three BT funds
Lendfin, Global Pacific Solutions and Gigi Investment Group licences suspended
Treasurer hangs on to ASIC misconduct report citing ‘undue prejudice’
Capital Capital licence cancelled
Treasury reviewing MIS regulatory framework
Fund Company Update
/ART and Alcoa explore merger
UBS to acquire Credit Suisse
Link Group to divest banking and credit management business
Gryphon Capital sold to Barings
Fund People Update
/iShares appoints APAC head
Link Group welcomes GM of retirement and super
Spirit Super appoints deputy CIO
Aviva appoints climate policy head
Abrdn farewells chief economist
Pinnacle loses director of distribution
Australian Ethical welcomes deputy CIO and investment head
State Super appoints director
ART appoints portfolio manager
BlackRock appoints alternatives expert
Aware Super appoints head of private equity, loses two investment managers
Bravura acting CFO resigns
Yarra Capital promotes investment manager
Changes to ASX board
