Money Management sold to FE
Money Management and its sister publication Super Review have been sold.
The mastheads have been acquired by FE, the United Kingdom’s leading provider of investment research, software and data to the asset management industry.
Commenting on the acquisition, FE’s current Group Marketing Director, Mika-John Southworth said it complemented the rapid growth of FE in Australia where it has been expanding its presence since 2012 and consolidates the firm’s increasing role as a lynchpin for the wealth management industry; connecting and providing information for financial advisers and fund managers throughout Australia and New Zealand.
FE has been powering the Money Management Investment Centre launched last year and, in doing so, has provided access to comprehensive, independent data for more than 10,000 Australian funds and other instruments.
The acquisition has seen the migration of the Money Management and Super Review teams to FE, with managing editor, Mike Taylor, welcoming the move.
“Having worked with the FE team over the past 12 months we are delighted that Money Management and Super Review have secured their future in a new home within a group with identical high values and objectives,” he said.
“I believe our combined capabilities will deepen the relationship with our readers and see us move forward to better inform them on key issues such as regulatory compliance while helping them make better informed investment decisions underpinned by independent quantitative analysis,” Taylor said.
Recommended for you
Sharing his reasoning in joining the FSC board, WT Financial chief executive, Keith Cullen, believes “product and advice cannot be separated” from each other in the current environment.
The Emerge Foundation, a charity run by financial advisers and fund managers, has announced a scholarship program to help veterans transition into tertiary education.
In an open letter, Sequoia chief executive Garry Crole has hit out against shareholders “with a personal axe to grind” as he fights for his job ahead of an EGM.
The JAWG has announced it is in talks with Treasury around five “core principles” to strengthen the education standards for new entrants to the financial advice space.