FUNDS MANAGEMENT

INDUSTRY NEWS

Magellan executive chair Andrew Formica has shared further details on the strategic acquisition of a minority stake in Vinva and the growth opportunity it presents....

INDUSTRY NEWS

GQG Partners has reported a 67 per cent year-on-year increase in Australian wholesale net flows to its funds as it announces its half-year results....

INDUSTRY NEWS

Clime Investment Management believes its FY25 operating costs will be “substantially lower” after identifying $1 million per annum in cost savings from the Madison divest...

INDUSTRY NEWS

The former head of Australia wealth at PGIM has taken up a new role as an investment specialist at Lazard Asset Management. ...

INDUSTRY NEWS

Global X ETFs’ head of portfolio management is set to depart the firm in October, the second major departure alongside outgoing CEO Evan Metcalf’s exit....

INDUSTRY NEWS

Magellan has seen its statutory net profit after tax rise by almost a third in FY24, as it announces a minority stake acquisition in a $22 billion investment manager. ...

INDUSTRY NEWS

Global fund managers are the most overweight to bonds since December 2023 as investors make a defensive rotation in their portfolios, according to Bank of America....

INDUSTRY NEWS

Schroders has begun rotating into those fixed income sectors that have lagged such as US government bonds....

INDUSTRY NEWS

Iress has partnered with Ediphy, a specialist in fixed income markets, providing its users with access to additional fixed income liquidity sources across the globe. ...

INDUSTRY NEWS

Two US-based investment managers – State Street and Russell Investments – have bolstered their respective teams with senior appointments in global head positions....

INDUSTRY NEWS

Pacific Current Group has entered into an agreement to sell a portion of its stake in global private credit manager, Victory Park Capital Advisors, to US asset manager Ja...

INDUSTRY NEWS

Vanguard demystifies the key differences between ETFs and LICs, ranging from market exposure to the payment of dividends and fee deviations....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 months 2 weeks 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 3 weeks ago

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

1 week 4 days 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 5 days ago

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

2 weeks 2 days ago