MM Newsletter
  04/08/2020
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Latest News
Money Management Original
FSC pushes scaled advice model minus SOA requirement
The Financial Services Council is pushing a scaled advice model to help offset the exodus of advisers.
Money Management Original
Melbourne advisers need regulatory flexibility around opt-in, now
Faced with at least six weeks of Level 4 lockdown, financial advisers in Melbourne need regulatory relief around opt-in and other key client interactions.
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Industry News
ASIC facing more Parliamentary Committee scrutiny
The chair of a key Parliamentary Committee has raised the Australian Securities and Investments Commission’s errors within its controversial SMSF factsheet among errors to be raised when the regulator appears before the committee this week.
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Industry News
FASEA reveals exam underperformance areas
Advisers are underperforming in three areas in the exam: financial advice regulatory and legal requirements, financial advice construction, and applied ethical and professional reasoning and communication.
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Inflation - is 2% the right target?
Main Street and Wall Street have divergent opinions about the Fed's longstanding 2% inflation target.
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Money Management Research
June quarter gives global equities a boost
The June quarter has seen global equity funds receive a boost, although the sector average remains negative since the start of the year.
Money Management Research
Huge flows into Japanese equities but losses for funds
Some US$1.9 billion in assets went into Japanese equities over the last week but in Australia, no Japanese equity funds have made a return since the start of the year.
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Industry News
Does COVID-19 trigger unethical behaviour?
Most Australians think that the coronavirus pandemic could open more opportunities for unethical behaviour and that regulators should educate the public about the risks.
Industry News
GQG Partners expands its Aussie wholesale business
US-based fund manager, GQG Partners, has announced it has been awarded a $20 million allocation from boutique investment advisory firm PlayfairTran to its global equity strategy.
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Industry News
MBA appoints two senior managers
Wendy Cox has been appointed to the newly-created role of head of finance and HR, while Lata McNulty has been promoted to the newly-created role of chief risk officer by boutique fund manager Maple-Brown Abbott.
Industry News
Financial advice business launched in partnership
Two mortgage broking and financial advice firms have joined forces to launch new business together, Financial Advice Mortgage Solutions.
Industry News
Magellan merges three global equities trusts
The single merged trust, the Magellan Global Fund, will list on the Australian Securities Exchange and will have $15 billion in funds under management.
2020 Fund Manager of the Year
Industry News
Tech dependence a boost for global equities
Zurich Investments Concentrated Global Growth is the winner of the Money Management Fund Manager of the Year awards 2020 for Global Equities, as it capitalised on the move to remote work and technological dependence during the COVID-19 pandemic.
Industry News
Profitability and longevity
A strong focus on companies which show revenue certainty, profitability and longevity, derived from monopoly-like regulated underlying assets has helped the Lazard Global Listed Infrastructure fund take out the Fund Manager of the Year award in the Infrastructure Securities category.
Industry News
A 'superior' approach to company selection
The ability to recognise industry headwinds early and a focus on “superior corporate DNA” has helped the WaveStone Dynamic Australian Equity fund to victory in this year’s Fund Manager of the Year awards.
Expert Analysis
Industry News
The new shape of best interests duty
Zoe Higgins examines the changes surrounding best interests duty and how it will affect mortgage brokers who will have to ensure they are lending responsibly.
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