MM Newsletter
  01 September, 2020
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Money Management Original
Labor backs AMP advisers on BOLR
A senior Federal Opposition Senator has unloaded on AMP Limited over its handling of buyer of last resort arrangements, with the Labor Party calling for a Parliamentary inquiry into the matter.
Money Management Original
Is superannuation too big to let politicians play with it?
Superannuation should be placed under an independent authority such as the Reserve Bank rather have it subjected to political game-playing, according to a roundtable of senior industry executives.
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Dollar outlook dims
Portfolio Manager Anujeet Sareen reviews why the four key forces supporting the US dollar may be in retreat.
Money Management Original
How IOOF has purchased scale and leadership
IOOF’s acquisition of MLC Wealth has confirmed the multi-billion dollar exit of the major banks from wealth management in Australia at the same time as handing the firm scale leadership in the advice and platforms sectors.
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Money Management Original
Will IOOF/MLC acquisition change the ranking?
The announcement by IOOF regarding its anticipated acquisition of MLC’s Wealth management business, might see one of the biggest reshuffles across the industry in terms of the largest financial planning groups by adviser numbers.
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Industry News
Businesses could be legally responsible for all employee actions
A corporate entity could be guilty if any level of employee of the corporation committed an offense while acting within the scope of their role, under changes proposed by the Australian Law Reform Commission.
Industry News
Expect recovery to take three years: SG Hiscock
The reporting season has highlighted the divergence between firms with resilient business models, quality brand names, and the ability to capitalise on online demand, and losers.
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Industry News
Antipodes launches tender offer program for global trust
Antipodes Global Investment Company has announced plans for a conditional tender offer program to address the firm’s share price discount to net tangible assets, a first for an Australian listed investment company.
Industry News
Netwealth launches new Magellan AM mandates
Netwealth has added two new mandated strategies from Magellan Asset Management to its global specialist series investment range.
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Industry News
Perennial launching second closed-ended fund
After debuting its first closed-ended fund for wholesale investors last year, Perennial is launching its second fund today, which will close to fundraising at the beginning of October.
Industry News
Investors need to stock pick for better dividends
Australian equities expected to provide superior income compared to other asset classes over the next 12 months, however it will be a stockpickers’ market when it comes to dividends.
Expert Analysis
Industry News
Do you know your ESG from your SRI?
Client pressure prompted by factors such as the bushfires is encouraging firms to consider their environmental, social and governance criteria, writes Matthew Picone.
Industry News
Flawed thinking on retirement products must change
The investment industry needs greater focus on protecting retirees’ second biggest asset in drawdown phase, writes Jacqui Lennon.
Industry News
The alphabet soup of market recovery
As markets rebound from the crisis, writes Rajiv Jain, the next question for industry experts is what letter or shape will the economic recovery take?
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