IFSA leads delegation to Hong Kong
Richard Gilbert
The Investment and Financial Services Association (IFSA) is leading a financial services delegation to Hong Kong in September.
Government, Treasury and Austrade officials will be part of the delegation. The group hopes to establish closer relations with the Hong Kong financial services industry and extend their industry and regulatory relationships.
IFSA chief executive Richard Gilbert said: “This delegation follows on from the important mutual recognition agreement reached between the Australian Securities and Investments Commission and the Hong Kong Securities and Futures Commission.
“It is now up to the industry to make the most of the opportunities that have been created through the agreement. IFSA members look forward to working collaboratively and successfully with the Hong Kong industry and regulators as we seek to jointly maximise the benefits of the agreement.”
Recommended for you
With the final tally for FY25 now confirmed, how many advisers left during the financial year and how does it compare to the previous year?
HUB24 has appointed Matt Willis from Vanguard as an executive general manager of platform growth to strengthen the platform’s relationships with industry stakeholders.
Investment manager Drummond Capital Partners has announced a raft of adviser-focused updates, including a practice growth division, relaunched manager research capabilities, and a passive model portfolio suite.
When it comes to M&A activity, the share of financial buyers such as private equity firms in Australia fell from 67 per cent to 12 per cent in the last financial year.
