Money Management sold to FE
Money Management and its sister publication Super Review have been sold.
The mastheads have been acquired by FE, the United Kingdom’s leading provider of investment research, software and data to the asset management industry.
Commenting on the acquisition, FE’s current Group Marketing Director, Mika-John Southworth said it complemented the rapid growth of FE in Australia where it has been expanding its presence since 2012 and consolidates the firm’s increasing role as a lynchpin for the wealth management industry; connecting and providing information for financial advisers and fund managers throughout Australia and New Zealand.
FE has been powering the Money Management Investment Centre launched last year and, in doing so, has provided access to comprehensive, independent data for more than 10,000 Australian funds and other instruments.
The acquisition has seen the migration of the Money Management and Super Review teams to FE, with managing editor, Mike Taylor, welcoming the move.
“Having worked with the FE team over the past 12 months we are delighted that Money Management and Super Review have secured their future in a new home within a group with identical high values and objectives,” he said.
“I believe our combined capabilities will deepen the relationship with our readers and see us move forward to better inform them on key issues such as regulatory compliance while helping them make better informed investment decisions underpinned by independent quantitative analysis,” Taylor said.
Recommended for you
As the industry navigates the fallout from recent product failures, two major AFSLs have detailed their APL selection process and relationship with research houses, warning a selection error could “destroy” a licensee.
The impending retirement of financial advisers in their 50s could see the profession face significant succession challenges over the coming decade and younger advisers may not be the answer.
With a third of AFSLs being solo advisers, how can they navigate key person risk and ensure they are still attractive propositions for buyers when it comes to their succession planning?
A quarter of advisers who commenced on the FAR within the last two years have already switched licensees or practices, adding validity to practice owners’ professional year (PY) concerns.
