The Bravura cost-out restructure has been achieved with lower costs and in a faster time than initially expected, CEO Andrew Russell said, allowing the business to return...

A Melbourne financial advice firm has been put into liquidation by the Federal Court, and an appeal against its AFSL cancellation has been dismissed....

Global fund managers are the most overweight to bonds since December 2023 as investors make a defensive rotation in their portfolios, according to Bank of America....

Schroders has begun rotating into those fixed income sectors that have lagged such as US government bonds....

There have not been any determinations by ASIC’s Financial Services and Credit Panel for the last three months compared to nine bannings by the corporate regulator over t...

Netwealth has seen a “strong start to the year” with FUA up 25 per cent and is hopeful of the AMP advice divestment bringing new clients to the platform....

Money Management understands there are around 90 objections to the AMP buyer of last resort class action, with a settlement hearing due to take place at the end of August...

BlackRock has promoted Tomoko Ueda as its new chief operating officer for Asia Pacific....

Fund manager PM Capital has expanded its intermediary distribution team in regional Australia with an appointment from State Street Global Advisors....

US fund manager T. Rowe Price says it is committed to Australia despite closing its Australian equities strategy with a focus on global equity funds for the intermediary ...