News

Aussie investors lean into volatility with $8.6bn managed fund flows

Australian investors have made “extraordinary” flows into managed funds since the start of the year, more than 20 times the same period a year ago. ...

Funds management

Wealth managers look to active management for outperformance potential

Wealth managers are planning to increase their use of active strategies as they believe active management offers diversification and outperformance potential for their cl...

Financial planning

Escala Partners ramps up alts allocations

Private wealth manager Escala Partners has increased its alternatives allocations to more than a third in the past three years, describing the asset class as offering “fe...

Financial planning

FSC calls for per capita CSLR levy limit

The Financial Services Council has recommended implementing a per capita limit per annum for financial advisers when it comes to the CSLR levy to allow them to expand the...

Funds management

Pinnacle’s Macoun backs Metrics’ future with share sale

Pinnacle’s managing director Ian Macoun has offloaded a 1.73 per cent stake in the company, with plans to reinvest the proceeds into funds managed by Metrics Credit Partn...

Funds management

Where to look in fixed income to replace AT1s

With AT1s being phased out, what fixed income alternatives can advisers use to replace these assets and the income they provide to clients?...

Financial planning

DASH set to complete latest capital raising

DASH Technology Group has seen a 49 per cent uplift in its carrying value and is completing a new capital raising, having already received $30 million from growth investo...

Financial planning

3 areas to expect asset and wealth management M&A in H2

At the halfway point of the year, consolidation pressures continue to drive financial services M&A with three areas identified as targets for asset and wealth managers, a...

Financial planning

Advisers' crypto hesitancy feeding into client allocations

With advisers expressing a reluctance to invest in cryptocurrency, advised clients are tending to have a smaller allocation to the asset than their unadvised peers. ...

Financial planning

The Advisers Association celebrates 100 years

After surviving significant evolutions of the Australian financial advice industry, The Advisers Association is now celebrating a century of advocating for advisers....

Funds management

ETF inflows rocket YTD for Vanguard and Betashares

Helped by adviser demand, year-to-date flows into the two-largest ETF providers are more than double the volume they were at the same time last year as Vanguard’s largest...

Financial planning

ASIC warns licensees of use of white labelling services

ASIC is calling on licensees to review their client onboarding practices to avoid vulnerabilities associated with share sale fraud, noting particular concerns in the use ...