Nucleus Wealth the latest kid in the superannuation block
The universe of new-broom superannuation funds is expected to expand further in 2018 with Melbourne-based Nucleus Wealth among those expected to enter the increasingly crowded sector. Nucleus launched a tailored separately managed account service last July and, with $14 million under management, 140 clients on board and 1500 individuals in the process of signing up, hopes to introduce a super iteration of the service by July this year. In so doing Nucleus will join a growing list of young funds, such as Grow Super, Spaceship, Zuper, Human Super and Tomorrow Super, hoping to grab market share off the long-standing incumbents, which collectively control about $1.6 billion of retirement savings. Head […]
Bravura to acquire wealth management software company for $25 million
Listed Australian fintech Bravura (ASX: BVS) is poised to acquire Australian wealth management software company FinoComp for $25 million.
6 lessons from the Gamestop saga
Reddit spawned several short squeeze raids on stocks wtith the highest-profile company being Gamestop where hedge fund short sellers lost billions.
Self Managed or Self Mangled SMSF?
Volatile markets combined with the opaqueness of many large super funds could leave you wondering if you should be opening your own self managed super fund.
ESG: Progressive Aussie fund manager backs Trump … on ‘E’ and ‘S’ but not ‘G’
The Trump administration’s decision to restrict US pension funds investing in companies espousing ESG principles has thrown a spotlight on the issue again.
Markets in the eye of the storm
Investment markets are in the eye of the storm. The initial storm danger came as COVID-19 hit, decimating jobs and smashing demand.
An Investor’s Guide to Good Government Stimulus
Globally there have been trillions of dollars of government stimulus announced but how should investors assess each government stimulus announcement?
The 2019 ifa Excellence Awards finalists have been announced
Congratulations to the Australian fintech companies nominated as finalists in the 2019 ifa Excellence Awards under the Innovator of the Year category.
