FUNDS MANAGEMENT

INDUSTRY NEWS

Former RBA governor Philip Lowe has been appointed to the board of Barrenjoey as an independent non-executive director, six months after his first post-RBA move....

INDUSTRY NEWS

The board of Platinum Asset Management has reached a “unanimous conclusion” regarding a proposal from Regal Partners to acquire the company....

INDUSTRY NEWS

The monthly CPI inflation indicator fell to its lowest level since 2021 in August, showing the effect of the government's cost of living measures....

INDUSTRY NEWS

Australian Ethical has completed its acquisition of sustainable fixed income manager Altius Asset Management from Australian Unity....

INDUSTRY NEWS

Vanguard has been issued with a penalty by the Federal Court for making false and misleading statements about its ethically conscious fund....

INDUSTRY NEWS

The Reserve Bank of Australia has made its latest rate call, with only two more meetings left for 2024....

INDUSTRY NEWS

TWC Investment Management has commenced operations, initially offering three funds to wholesale investors and is led by a former Credit Suisse managing director....

INDUSTRY NEWS

Magellan Financial Group has appointed a new co-manager on two of its global equity funds, including the flagship $8.3 billion Global Fund....

INDUSTRY NEWS

The cost savings of advisers opting for ETFs and index funds for their clients have been calculated by Vanguard, with estimates that Australian investors have collectivel...

INDUSTRY NEWS

State Street forecasts the strong retail demand for ETFs in Australia will continue to expand and the next step will be the launch of ETF savings plans and models....

INDUSTRY NEWS

It is understood that Regal Partners is not the only asset manager taking an interest in a bid for Platinum Asset Management with multiple firms expected to emerge....

INDUSTRY NEWS

Global X ETFs Australia has appointed a new chief executive to replace Evan Metcalf, who will depart the ETF provider next month....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 months 1 week ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

5 months 2 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

7 months 2 weeks ago

The RBA has handed down its much-anticipated rate decision, following widespread expectations of a close call....

1 week 1 day ago

The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...

3 weeks 2 days ago

ASIC has confirmed the industry funding levy for the 2024–25 financial year, and how much licensees can expect to pay....

1 week 6 days ago