ASIC has enacted civil penalty proceedings against Fiducian Investment Management Services alleging it breached its duties as a responsible entity and engaged in misleadi...

High-net-worth advice firm Multiforte Financial Services is to merge with Sydney advice firm Lorica Partners as it proactively seeks succession for its staff and clients....

Money Management looks back on the biggest people moves in the fund management world over the last three months. ...

Shaw and Partners has reached $3 billion in funds under management on its separately managed account, and the firm is eager to expand the offering....

Wilson Asset Management has lost the bid to take over running the Platinum Capital listed investment company, with shareholders opting for L1 Capital instead....

Shadforth CEO Terry Dillon has told Money Management the time is right to pursue inorganic growth as it seeks to double in size by 2030 and acquires a Melbourne advice fi...

Colonial First State has appointed J.P. Morgan Asset Management to manage two global equity strategies run as multimanager single sector options. ...

Licensees have been urged by ASIC to ensure their advisers’ FAR records are updated, as ASIC’s latest estimates find more than 3,000 advisers could be unable to provide a...

Magellan and Perpetual have announced changes to their portfolio management teams, with a former Fidelity manager joining Magellan’s global equities team....

Betashares has expanded its Wealth Builder range with its latest global shares ETF, bringing the range to four “moderately geared” ETFs....