MM Newsletter
  06 May, 2020
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Latest News
 
Big adviser groups facing degree deficit
Some of Australia’s largest financial advice groups are facing the problem of too few advisers who are degree qualified leading to the need for strong succession planning strategies. For more.
 
OneVue still trying to get a Sargon return
The Federal Court will ultimately decide how much OneVue retrieves from this week’s sale of the Sargon operating business, while the company maintains it is still on track to sell Madison before the end of May. For more.
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Emerging markets - hit me one more time
Brandywine Global reflects on some of the stresses emerging markets may face and assess the road ahead. For more.
 
Platinum backs travel sector for long-term growth
The Platinum International fund has begun “carefully” increasing its exposure to the beaten-up travel sector. For more.
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New policies to shake up dividends in 2020
New regulators’ policies combined with lower earnings across many sectors may have far-reaching implications for retirees as well as companies and investment managers, according to a Realindex study. For more.
 
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Is this just a band-aid on a bullet wound?
As hopes of a V-shaped recovery diminish, so will the revenues of many highly-geared companies. Investor redemptions and credit downgrades will force selling at distressed prices beyond the Fed's capacity. For more.
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IML avoids ‘unappealing’ banking sector
IML Investors has said it is reluctant to add exposure to the big four banks as it believes the risk/return in the sector is unappealing. For more.
 
RBA buys $50b in government bonds
The Reserve Bank of Australia has said its bond purchasing program has so far totalled around $50 billion. For more.
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Further housing price falls predicted
In a survey of experts, 58% say this is not a good time to buy property as further price falls are expected. For more.
 
Early super access ROA now digital
The FPA has partnered with three fintech providers to allow advisers to provide early super advice more efficiently. For more.
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Integrated reaches $5b in FUA
Integrated Portfolio Solutions has announced its funds under administration have exceeded $5 billion thanks to strong flows from family offices and investment advisers. For more.
 
Director banned for seven years by ASIC
Scott Morrison, a former director at Olive Financial Markets, has been banned by the Australian Securities and Investments Commission for seven years for failing to act in the best interest of clients. For more.
 
Three Sargon entities acquired by Pacific Infrastructure Partners
The newly formed entity has completed the purchase of Diversa Trustees, CCSL, and Tidswell Financial Services. For more.
Features
 
How SMSFs are weathering the COVID-19 storm
Self-managed superannuation funds have been weathering the COVID-19 storm, writes Mike Taylor, but should be alert to the price they may be asked to pay as part of the recovery from a deep recession. For more.
 
The silver lining of COVID-19
The increase in home and remote working in the light of the COVID-19 pandemic is likely to be a benefit to women in the workplace if the policies are implemented long-term, writes Oksana Patron. For more.
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Money Management · Level 10, 4 Martin Place, Challis Place · Sydney, NSW 2000 · Australia