Milford is to launch three funds following consultation with financial advisers while closing two other strategies which hold a small volume of assets....

A founding member of fund manager IML is to depart the firm later this year after 27 years....

Magellan Financial Group reported outflows of $0.5 billion in February but saw a slight increase in its infrastructure division despite the exit of head Gerald Stack....

Global asset manager abrdn has returned to its roots after a maligned branding exercise, announcing it will now be known as Aberdeen for its investment and adviser busine...

Entireti has unveiled the new name for the AMP financial advice businesses that it acquired last year....

Wealth advisory firm JBWere has hired two individuals from Perpetual, focused on high-net-worth advisory clients....

The financial advice market remains very fragmented compared to other industries, according to Count chief executive Hugh Humphrey, and licensees need deep pockets if the...

BlackRock has completed its acquisition of private markets research house and data provider Preqin, having first been announced last July. ...

Wealth managers globally have said they are highly likely to increase their allocations to active ETFs, according to MSCI....

Perpetual has shared it is keen to expand into active ETFs, especially in the US, as it resets its asset management distribution strategy....