FASEA adviser code down to ‘collective skills of management and directors’ Financial advisers should know that the Financial Adviser Standards and Ethics Authority code of ethics was ultimately the work of the collective skills of FASEA management and board directors. For more.

Report intra-fund advice problems to ASIC says Hume Financial advisers should report any concerns they have about superannuation funds breaking the intra-fund advice rules to the Australian Securities and Investments Commission, according to Financial Services minister, Jane Hume. For more.

EM infrastructure lags behind Two infrastructure equity funds focused on emerging markets have fallen behind in the year so far, compared to general global infrastructure equity funds. For more.

AMP launches sustainable managed portfolio The portfolio aims to help lower the carbon economy, avoid strategic investments in harmful sectors and drive positive change through capital. For more.

COVID-19 prompts multi-asset shift First Sentier Investors’ multi-asset team has completed its asset allocation review for April with a move to credit and bonds over equities. For more.

FPA releases consumer guide The free guide was designed to help consumers manage their finances during the crisis. For more.

Strong growth for ETFs as stockmarkets recover Investors poured more than $1 billion into exchange traded funds in April as the stockmarket rebounded after March’s crash with the sector seeing the second-largest monthly growth on record. For more.

GQG targets larger Australian share GQG Partners has intentions for Australia to become its second-largest market behind its home base in the United States. For more.

More than just portfolio managers As a part of its new series, Money Management speaks to financial planning groups and asks them to share their views on the industry in a new environment. This month, MM interviewed John Woodley, chair and executive director of Fitzpatricks Private Wealth. For more.

Unsteady market fuels flight to long/short funds As the impacts from the COVID-19 pandemic rattle the nerves of investors, writes Jun-Bei Liu, many are turning their attention to long/short equity strategies in a bid to capture the benefits of a falling market. For more.