The strategy from Principal Asset Management looks to capitalise on increased interest in emerging market debt.
The corporate regulator has reiterated its focus on the accuracy and clarity of sustainability representations, especially concerning superannuation and investment products.
The industry body has argued for the “right balance” to be struck when it comes to the large amounts of members’ savings set aside to meet regulatory requirements.
Super funds are ramping up their financial advice offerings, with ART confirming it is already on the path to implementing a new single intra-fund advice program.
The $85 billion fund has commenced a search for two new directors as it bids farewell to Sally Evans and Julia Fox.
The acquisition, when completed, will see Australian Ethical grow its funds under management to circa $12.3 billion.
Weighing up the capacity problem onshore against enticing opportunities offshore, two of Australia’s largest super funds have shared their approach when it comes to hunting for billion-dollar deals.
While super funds have been urged to lift their game on retirement income, new ABS data finds almost half of Australians still cite the government pension as their main income source at retirement.
The RBA’s latest minutes portray a sense of concern amid stronger-than-expected inflation alongside a weaker economy.
ASIC has unpacked the importance of strengthened penalties as part of its market supervision and how it determines regulatory action.