High-grade bonds improve diversification


The inclusion of high-grade bonds in an investment portfolio could achieve better diversification and provide a truly defensive component for financial advisory clients, according to a global fund manager. Speak.. Read More

Australian equities a long-term bet


Despite short-term challenges driven by growth headwinds at the major banks, the Australian equity market was still fertile investment ground in the long term due to its high yields and exposure to growing markets in.. Read More

Licensee completes process improvements


An advice group has finalised improvements to its advice processes recommended by an independent expert, following an ASIC investigation that revealed it did not have sufficient resources to carry out its legal oblig.. Read More

CFS launches managed accounts on FirstChoice


Colonial First State (CFS) has launched a managed accounts option on its FirstChoice platform, giving licensee clients the option to create bespoke portfolio options for advisers from the existing investment choices .. Read More

Lloyd to step down from Perpetual


Perpetual chief executive Geoff Lloyd would step down in mid-2018 after more than five years in the role, the fund manager announced yesterday. In a statement, the company said Lloyd had timed his exit from Perp.. Read More

Long journey’s end sees Netwealth list


Independent platform provider Netwealth began trading on the ASX yesterday following a successful initial public offering that saw shares in the group offered at $3.70. In a statement, Netwealth said shares in t.. Read More

BetaShares unveils hybrid ETF


Exchange-traded fund (ETF) provider BetaShares has launched a new actively managed hybrid securities fund aimed at helping investors access a diversified portfolio of the securities while managing downside risk. .. Read More

DomaCom in CoreLogic, Moody’s research deal


Fractional property investment group DomaCom has signed a subscription deal with the CoreLogic and Moody’s Analytics Australian Forecast Home Value Index, which will allow the group to offer new property invest.. Read More

Australians dipping into savings regularly


Despite setting aside money for longer-term financial goals, almost half of Australians were dipping into their savings regularly, according to new research from UBank. Statistics released by the bank revealed 4.. Read More

Powerwrap director steps down


Platform provider Powerwrap has announced its interim managing director will step down, leaving the company’s board to oversee operations until its new chief executive starts work next year. In a statement.. Read More

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