ASIC issues stop order on K2AM fund; Spatium fund outperforms benchmark by 53% over five years

The regulator has made an interim stop order on a registered managed fund promoted by K2 Asset Management due to deficiencies in the target market determination.

Melbourne-based Spatium Capital has seen its Small Companies fund outperform the benchmark in 16 of 20 quarters, its five-year performance figures have revealed.

Zenith has identified various asset managers which have performed strongly and those which have struggled in the second quarter of this year.

The global investment manager has added three new options to its range of sustainable managed portfolios as the adviser demand for sustainable investment products grows.

With prominent contributions by Woodside and Westpac in a seasonally quiet quarter, Australian dividends reached $13.1 billion in Q2 2023, according to the Janus Henderson Global Dividend Index.

New Vanguard analysis has uncovered that the majority of women are less optimistic about their financial decision-making than their male counterparts, especially relating to investment products.