Funds Management News

InvestorDaily “Pinnacle is the same company that it was three months ago, when we delivered record first-half profits and the short-term outlook looked incredibly rosy for once,” Macoun said. “We have the same core purpose, business model, competitive advantages and platform, the same strategies and the same growth prospects.” The multi-affiliate investment firm provided a […]

InvestorDaily BlackRock will acquire a $25 million minority stake in Generation Development Group as part of a deal to co-develop a new holistic retirement solution. In an ASX listing on Thursday, Generation Development Group (GDG) said its subsidiary, Generation Life Limited, has entered a strategic alliance with BlackRock to codesign and distribute holistic retirement solutions […]

InvestorDaily Graham, Aware Super’s chief investment officer for 12 years, is transitioning into the role of head of international to help drive the fund’s international growth ambitions across key global markets. The move follows around a year of succession planning discussions at the fund. Aware Super confirmed that Graham, who will be based in London […]

ifa While the Delivering Better Financial Outcomes (DBFO) reforms have been formed on the back of the Quality of Advice Review (QAR), one inclusion within DBFO 1.5 that was not included in Michelle Levy’s recommendations is the ability for “targeted superannuation prompts” – or nudges. However, it has formed part of the government’s response to […]

Investment Magazine The announcement of a partnership between BlackRock and Generation Development Group goes some way to addressing a question that Larry Fink, the CEO of the world’s largest asset manager, pondered in his 2024 letter to investors: how to get retirees to spend all the money they’d saved in their pension plans over the […]

Money Management Having officially opened its doors, ETF Shares has launched its first three US-focused ETF vehicles on Cboe Australia for financial advisers. It was announced last week that former Global X employees David Tuckwell and Cliff Man had established their own ETF provider, ETF Shares, to disrupt Australia’s concentrated ETF market. Co-founders Tuckwell and Man […]