Iress confirms latest divestment as transformation program completes

iress/divestment/consolidation/

| By Jasmine Siljic |

Having already completed three major sales, Iress has announced its latest divestment following a strategic review conducted during its transformation program.

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Jasmine Siljic

Jasmine Siljic is a journalist at Money Management. Prior to joining MM, she also worked across other Momentum Media brands as an intern and cadet journalist. She recently completed a Bachelor of Media and Communications at Macquarie University.

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Coller Capital bolsters Aussie private wealth team

private-wealth/appointment/private-markets/

| By Jasmine Siljic |

Funds management

Private markets secondaries specialist Coller Capital has appointed an Australian and New Zealand director who will work closely with private wealth managers and family offices.

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Jasmine Siljic

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AZ NGA-backed firm acquires Qld advisory practice

AZ-NGA/M&A/mergers-and-acquisitions/

| By Jasmine Siljic |

Financial planning

Rose Partners, which has a strategic partnership with AZ NGA, has purchased an advisory and accounting business based in Queensland to drive its expansion.

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Jasmine Siljic

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Entering Australia as an offshore ETF player

Mirae/Mirae-Asset-Global-Investments/ETFs/Global-X-ETFs/global-x/

| By Staff reporter |

Funds management

Australia’s “sophisticated” financial services industry is a magnet for offshore fund managers, according to a global firm.

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Active management viewed as ‘nearly zero-sum’ in face of ETFs

morningstar/active-ETFs/ETFs/

| By Laura Dew |

Funds management

The latest Morningstar asset manager survey believes ETF providers are likely to retain the market share they have gained from active managers.

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Laura Dew

Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.

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Double-digit new adviser growth holds steady

Wealth-Data/adviser-numbers/new-entrants/

| By Jasmine Siljic |

Financial planning

The financial advice industry has enjoyed another week of strong new entrant numbers, totalling nearly 40 for the past fortnight, thanks to the latest exam passes.

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Jasmine Siljic

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Submissions now open for the Australian Wealth Management Awards 2025

awards/wealth-management/financial-advice/

| By Staff |

Financial planning

Momentum Media’s wealth publishing network – comprising InvestorDaily, ifa, SMSF Adviser, Money Management, and Super Review – is proud to launch the annual Australian Wealth Management Awards.

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Challenger’s FUM falls by $5.9bn in Q3

challenger/Challenger-life/Challenger-Limited/

| By Jasmine Siljic |

Funds management

Negative market movements, coupled with net outflows, have prompted a near $6 billion decline for Challenger’s funds management business in Q3.

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Jasmine Siljic

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Investment info firm acquires SA wealth practice

M&A/mergers-and-acquisitions/wealth-management/

| By Laura Dew |

Financial planning

Investment information firm Equity Story has signed a binding heads of agreement to acquire South Australian financial advisory and stockbroker Baker Young for $4.2 million.

AUTHOR

Laura Dew

Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.

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PGIM Real Estate appoints deputy head of APAC

pgim/real-estate/appointment/

| By Jasmine Siljic |

Funds management

The real estate investment manager has positioned the APAC region for future growth with an internal promotion to the newly created role of deputy head of Asia Pacific

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Iress confirms latest divestment as transformation program completes

AUTHOR

Jasmine Siljic

Jasmine 's social profiles:

Coller Capital bolsters Aussie private wealth team

AUTHOR

Jasmine Siljic

Jasmine 's social profiles:

AZ NGA-backed firm acquires Qld advisory practice

AUTHOR

Jasmine Siljic

Jasmine 's social profiles:

Entering Australia as an offshore ETF player

AUTHOR

Active management viewed as ‘nearly zero-sum’ in face of ETFs

AUTHOR

Laura Dew

Laura 's social profiles:

Double-digit new adviser growth holds steady

AUTHOR

Jasmine Siljic

Jasmine 's social profiles:

Submissions now open for the Australian Wealth Management Awards 2025

AUTHOR

Challenger’s FUM falls by $5.9bn in Q3

AUTHOR

Jasmine Siljic

Jasmine 's social profiles:

Investment info firm acquires SA wealth practice

AUTHOR

Laura Dew

Laura 's social profiles:

PGIM Real Estate appoints deputy head of APAC

AUTHOR

Jasmine Siljic

Jasmine 's social profiles:

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