MM Newsletter
  22 September, 2020
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Latest News
Money Management Original
ASIC issues notices around LIF review
The Australian Securities and Investments Commission has kicked off the first phase of its review of the Life Insurance Framework with the issuing of Section 33 notices to dealer groups.
Industry News
ASIC cuts Vic advisers a break on FDSs and renewals
Victorian financial advisers impacted by the COVID-19 lockdowns can rely on a “no action” position on the part of the Australian Securities and Investments Commission with respect to fee disclosure statements and renewals.
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Industry News
Nucleus Wealth and Arrow Financial Advice announce partnership
Arrow will have use of Nucleus’ digital advice platform Nucleus Wealth Fusion, a robo-advice platform with active management and environmental, social and governance filtering.
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Money Management Research
Pengana fund divests from US tech firms
Despite tech stocks leading the US markets this year, Pengana has now completely exited large-cap technology companies in its International fund.
Sponsored Content
Western Asset Q3 2020 Global Outlook
Global Fixed Income Manager Western Asset provides their Q3, 2020 Global Outlook and insights into the key drivers of fixed income markets.
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Industry News
AMP MyNorth managed portfolios hit $1bn FUM
AMP MyNorth’s managed portfolios have exceeded $1 billion in funds under management, while clients’ allocations remained steady through COVID-19.
Industry News
Fitch still negative on Aussie banks
Fitch Ratings has maintained its negative outlook on the ratings of Australia’s four largest banks: ANZ Group, Commonwealth Bank of Australia, NAB and Westpac.
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Industry News
Asset managers not ready to comply with UMR
The majority of asset managers are unprepared to comply with the Uncleared Margin Rules aimed to reform the over-the-counter derivatives market after the global financial crisis.
Industry News
Thousands face loss of UK bank accounts post-Brexit
Thousands of UK expats in Europe could have their bank accounts closed if Brexit plans go ahead as banks would be unable to service customers living in the European Union.
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Industry News
Lonsec expands research team
Peter Green has been appointed sector manager for Australian equities and will be responsible for leading Lonsec’s coverage of Australian equity managed fund products.
Industry News
Maple-Brown Abbott appoints COO
Melanie McQuire has been appointed as chief operating officer, responsible for the operating, technology strategy and platform of the business.
Industry News
Hawker to depart Macquarie board
Financial services veteran, Michael Hawker, is to depart the board of Macquarie Group.
Expert Analysis
Money Management Original
Harnessing China’s growth engine
There are numerous factors which are making China an attractive option for future growth, writes Wenchang Ma, as it outpaces its emerging market rivals.
Money Management Original
Alternatives for AIDing portfolio objectives
Kerry Craig explores how AID – alpha, income and diversification – can help advisers with construction of their clients’ investment portfolios.
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Money Management · Level 10, 4 Martin Place, Challis Place · Sydney, NSW 2000 · Australia