FUNDS MANAGEMENT

INDUSTRY NEWS

Perpetual has appointed Charles River Development – part of State Street – to manage the front office operations of its Australian asset management business....

INDUSTRY NEWS

It is becoming harder for financial advisers to build investment portfolios as Morningstar finds broad portfolio diversification has failed to add value in recent years c...

INDUSTRY NEWS

The multi-asset businesses of Perpetual and Pendal are being merged to create one team known as the Perpetual Multi Asset Strategies Team....

INDUSTRY NEWS

Private markets firm Spire Capital has appointed former Schroders Australia chief executive, Sam Hallinan, as a partner as it seeks to expand its reach with financial adv...

INDUSTRY NEWS

Global fund managers are the most bullish they have been in more than two years, the latest Bank of America manager survey has shown....

INDUSTRY NEWS

The corporate regulator has handed down a permanent ban to the director of a crypto fund, whom it deemed to lack “integrity, trustworthiness and judgement”....

INDUSTRY NEWS

Maple-Brown Abbott has appointed Sophie Metcalfe from Schroders as a business development manager as it seeks to grow its reach with financial advisers. ...

INDUSTRY NEWS

A third individual, David Sipina, charged in relation to Courtenay House group of companies, has pled guilty to two criminal charges regarding his involvement in a $180 m...

INDUSTRY NEWS

Having unsuccessfully tried to acquire Pacific Current Group last year, GQG Partners has agreed to acquire three of its US-based affiliates....

INDUSTRY NEWS

The central bank has announced its second interest rate decision since a major revamp....

INDUSTRY NEWS

Over three-quarters of consumers say they would be more likely to invest in products that were verified by an independent source as being responsible, with greenwashing f...

INDUSTRY NEWS

Boutique Australian-owned fund manager, Prime Value Asset Management, has appointed a new director of distribution. ...

 

MARKET INSIGHTS

sub-bg sidebar subscription

Never miss the latest news and developments in wealth management industry

Graeme

FWIW I am a long term holder of both. I am relaxed about my LICs trading at a discount. Part of a cycle. I would like...

14 hours 56 minutes ago
Ross Smith

The term "The democratisation of private assets continues to gain steam" is marketing misleading. There is no democracy...

16 hours 40 minutes ago
Greg

I have passed this exam, and it is not easy or fair exam. It's no wonder that advisers are falsifying their results. ...

3 days 16 hours ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 3 weeks ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months 1 week ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 3 weeks ago