The conversion of the Magellan High Conviction trust into an active exchange traded fund helped the industry grow to $125 billion....
Acquisitions helped Macquarie Asset Management grow its assets under management by 22% but base fees and performance fees were both down during FY21....
Investors allocating to real estate should consider areas such as electric vehicles and cloud computing for future gains....
Investors Mutual has appointed Damon Hambly as chief executive, a newly-created position which the firm said was a “natural progression” for the business....
MLC Asset Management has appointed Laura Hotaling as portfolio manager to its private equity team, building on several senior appointments announced earlier this year....
The firm has promoted Louise Watson, Australia and New Zealand head of distribution, to the role....
To protect the fund’s performance, Prime Value Emerging Opportunities could be closed in a “year or so” as assets under management have doubled every six months....
The investment manager established a taskforce last year to identify where the company could take steps to target net zero in each asset class....
Dividend growth has led Plato Investment Management has upgraded its gross yield forecast for the ASX 200 to 5.2%....
One month into her role as chief executive, Alexis George, has announced several changes to the firm’s executive committee ahead of its demerger from AMP Capital Markets....
The Reserve Bank of Australia has announced its latest interest rate decision following this week's monetary policy meeting....
AMP has settled on two court proceedings: one class action which affected superannuation members and a second regarding insurer policies. ...
A former financial adviser who stole $4.4 million from his family and friends to feed gambling debts has been permanently banned by ASIC....
The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...