Platinum outflows jump over 120% as co-CIOs step back
Outflows from Platinum Asset Management jumped from $160 million to $358 million in February as the firm announced its co-chief investment officers will step back from their roles.
Outflows from Platinum Asset Management jumped from $160 million to $358 million in February as the firm announced its co-chief investment officers will step back from their roles.
ETF assets experienced a rare fall in February, with the sector losing more than $2 billion during the month, according to Betashares.
Marking a decade offering managed accounts in Australia, BlackRock has elaborated on the changes it has seen in their usage by financial advisers, with net client flows rising from 4 per cent to 25 per cent.
Lonsec Research and Ratings has been announced as research partner for the annual Fund Manager of the Year Awards.
AZ NGA’s CEO has unpacked how its recent $345 million debt facility from Barings will accelerate its advice network’s growth ambitions, and allow its largest firms to access a greater source of funding.
As the number of high-net-worth individuals in Australia passes 42,000, Knight Frank has delved into the luxury goods they are purchasing and whether they are outpacing financial markets.
Research by Colonial First State has found women are reluctant to make retirement preparations, despite 62 per cent saying they feel that they are unable to achieve a comfortable retirement.
Advisers are showing “renewed appetite” for fixed income ETFs, fuelling competition among global ETF providers who are launching products in the space.
Managed accounts saw net inflows of $14.3 billion in the six months to 31 December, according to the latest IMAP FUM census.
Perpetual has promoted an executive to the role of chief transformation officer as it enacts plans to sell its wealth management division.