Latest News | Money Management
WEBSep 30, 2024 · Funds management. 21 August, 2024. Equity funds suffer $2.2bn outflows in 1H 2024. Equity funds saw $2.2 billion in outflows during the first half of 2024, according to Calastone, despite reporting modest gains in the second quarter. ... Read more. Funds management. 21 August, 2024. Perpetual appoints new CEO.
News - Money Management
WEBPrivate wealth firm launched after Pitcher Partners buyout. A new Sydney wealth manager for high-net-worth individuals has launched, formed from a buyout of multiple operational aspects of Pitcher Partners’ wealth management arm a... Funds management.
The changing financial goals of Australian investors
WEBApr 28, 2023 · Ensuring adequate income is no longer the number one financial goal of investors, falling from 64 per cent in 2021 to 27 per cent, according to research. Instead, protecting wealth against losses and inflation had become a top priority for Australian investors at 58 per cent, compared to 38 per cent in 2021.
The end of an era - Money Management
WEBOct 2, 2020 · According to the 2020 Money Management’s survey, all three groups represented a decline in adviser numbers compared to last year by 29%, 46% and 56%, respectively. As of July, 2020, NAB also still owned NAB Financial Planning which had 131 advisers, down from 276 in 2019 and 449 in 2018. TOP 10 FIRMS. With a continued outflow of planners from ...
Aussie wealth management amounts to $3.06t
WEBAug 18, 2021 · Aussie wealth management amounts to $3.06t. The wealth management has seen an increase of $266 billion during the financial year 2020-21 despite the overall share in the financial services market declining by 0.9% points, according to Roy Morgan. The sector accounted for over a quarter of the entire financial services market in …
funds - Money Management
WEBLazard Asset Management has reduced the management fee on two of its Australian equity funds for institutional and retail clients....
Budget - Money Management
WEBBudget 2022: Chalmers forecasts inflation and economic growth. In his first Budget speech, Treasurer Jim Chalmers has warned inflation will peak at 7.75% by the end of the year and that Australia cannot escape global market turbulenc... Financial planning.
ESG | Money Management
WEBThe need for collaboration to avoid greenwashing. Fund managers should work collaboratively with data providers to minimise greenwashing risks in their products as a positive ESG score can be a “gamechanger” for a fund’s... Funds management.
Australians rebounding from pandemic | Money Management
WEBApr 6, 2021 · Australians assessed as “thriving” financially have rebounded after sliding backwards during the first six months of the COVID-19 pandemic, according to Financial Mindfulness. The firm’s Financial Stress Index (FSI) showed that 25.8% of 645 respondents were rated as “thriving”, a proportion that was 18.8% pre-COVID, but crashed 2.4% ...
wealth management | Money Management
WEBWealth clients consider switching amid complex investment needs. Over half of wealth management clients in Asia-Pacific say they are looking for more advice in investment and financial planning services, according to EY, and may switch... Funds management.