MM Newsletter
  11/09/2020
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Latest News
Money Management Original
AMP is right on BOLR asserts De Ferrari
AMP was both legally and morally within its right to amend buyer of last resort arrangements which had become commercially unsustainable, according to the company’s chief executive, Francesco De Ferrari.
Money Management Original
Many early release recipients shunned comprehensive advice
Hostplus openly offered members comprehensive advice around the Government’s hardship early release scheme but most only wanted general advice about how it worked and how to get access.
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Money Management Research
‘Unprecedented’ growth for retailers
With all the economic uncertainty created by the COVID-19 pandemic, many retail outlets managed to come out on top largely due to consumers moving to online shopping.
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Money Management Original
Look beyond traditional fixed income levers to generate income
Investors can look to capture price movements, high yield markets, or extend duration if they want to maintain income levels to what they have been used to in the past, according to a panel.
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Money Management Original
COVID-19 causes modern slavery difficulties
Firms are finding it harder to assess modern slavery risks when companies cannot be visited in person due to travel restrictions.
Money Management Original
GQG Partners targets SMSF market
Advised and non-advised SMSF clients could be a target market for the US boutique active manager as it seeks to make Australia its second-largest market.
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Industry News
Aussie equities and bonds among highest in DMs
The country may be in a recession with record low interest rates but it can still expect cash returns of 0.2% in 2021.
Industry News
Charter Hall sets up NZ fund
Charter Hall Group has extended its partnership with BP by creating a new fund that has acquired a 49% interest in a NZ$534 million portfolio leased to bp in New Zealand.
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Industry News
Institutional investors to increase EM exposure
Institutional investors are looking to increase their allocations to emerging markets both in equity and fixed income over the longer term.
Industry News
Ignition partners with Morgan Stanley for $35m capital raise
The proceeds of the raise will be used to support business development and product research.
Industry News
AAT sets aside SMSF auditor disqualification
The Administrative Appeals Tribunal has set aside the disqualification of SMSF auditor John Gilliland by the Australian Securities and Investments Commission.
Industry News
Trio of changes afoot at OpenInvest
OpenInvest has added BlackRock model portfolios to its platform, at the same time as appointing Spiro Pappas as its chairman, with further firms expected to be added in the coming months.
Industry News
European alternatives funds surpass €2t in AUM
European alternatives funds have surpassed €2 trillion in assets under management for the first time, with France and Germany standing out.
Outsiders
Industry News
Has Harvey gained a ticket for World Travel?
Outsider confesses that a number of years ago he, or someone purporting to be him, described Equity Trustees’ somewhat peripatetic Harvey Kalman as “Harvey World Travel”.
Industry News
ASIC happy to help the watchdog watching ASIC
Outsider feels sure that financial advisers will be heartened by the news that the Australian Securities and Investments Commission has 2,237 employees and that over the next four years it intends investing in its people and their capability at all the regulator’s offices across Australia.
Industry News
Pulling on the gloves for a sucker punch
Outsider was somewhat amused when a little-known Queensland Liberal National Party backbencher decided to take on two former first-graders – former Labor Prime Ministers Paul Keating and Kevin Rudd – on the question of superannuation policy.
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