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MM Newsletter
26 Apr 2024
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Latest News
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Financial planning
The need for a unified voice between product and advice

Sharing his reasoning in joining the FSC board, WT Financial chief executive, Keith Cullen, believes “product and advice cannot be separated” from each other in the current environment.

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Financial planning
Sequoia CEO hits back at dissenting shareholders

In an open letter, Sequoia chief executive Garry Crole has hit out against shareholders “with a personal axe to grind” as he fights for his job ahead of an EGM in June.

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Funds management
JOHCM manager exit prompts outflows at Perpetual

Perpetual has seen AUM rise 6 per cent in the last quarter, but the departure of a longstanding JOHCM fund manager led to outflows of $2.2 billion from his strategy.

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Funds management
Second asset manager to close Australian equity strategy

Following news about First Sentier Investors closing four investment teams, a second global asset manager has announced it is closing its only dedicated Australian fund.

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Financial planning
JAWG in Treasury talks over adviser education standards

The JAWG has announced it is in talks with Treasury around five “core principles” to strengthen the education standards for new entrants to the financial advice space.

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Financial planning
Financial services-led charity to support veterans

The Emerge Foundation, a charity run by financial advisers and fund managers, has announced a scholarship program to help veterans transition into tertiary education.

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Feature
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Expert Analysis
The reasons to allocate to gold in portfolios

There are multiple reasons for advisers to consider an allocation to gold when building client portfolios beyond its diversification purposes, writes Vincent Mortier.

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