MA Financial sets its sights on $15bn AUM

private-credit/funds-management/private-markets/Alternatives/

MA Financial’s AUM surpassed $10 billion in its 2024 full-year results, as the alternative asset manager looks to achieve $15 billion in AUM by the end of next year.

Read more about:

AUTHOR

Mindset shift needed among advisers to maximise AI potential

artificial-intelligence/financial-advisers/vanguard/advice-technology/

Financial advisers who wish to implement artificial intelligence in their practices need to undergo a change in their mindset as to how they use technology.

Read more about:

AUTHOR

HUB24 maintains top platform position for 3rd year

investment-trends/platforms/HUB24/netwealth/

Investment Trends has named HUB24 as the top investment platform in terms of overall functionality for the third year in a row.

Read more about:

AUTHOR

Nikko AM announces alts joint venture

Nikko/Nikko-AM/Nikko-Asset-Management/Alternatives/

Nikko Asset Management has formed a joint venture with an Asian private asset manager, the latest in a series of alternatives deals by fund managers.

Read more about:

AUTHOR

Sequoia loses 5 advisers as new AFSL opens

Sequoia-financial-group/Sequoia/Wealth-Data/adviser-numbers/

Sequoia Financial Group has declined by five financial advisers in the past week, four of whom have opened up a new AFSL, according to Wealth Data.

Read more about:

AUTHOR

Insignia’s Hartley seeks to expedite 3-way M&A process

insignia/insignia-financial/M&A/Scott-Hartley/private-equity/financial-advice/

Insignia Financial chief executive Scott Hartley has detailed whether the firm will be selecting an exclusive bidder for the second phase of due diligence as it awaits revised bids from three private equity players.

Read more about:

AUTHOR

Magellan reports 1H25 results amid appointment shuffle

Magellan/Magellan-Financial-Group/Magellan-asset-Management/Sophia-Rahmani/

Magellan Financial Group has reported its first half FY25 results while appointing a new chief financial officer and promoting Sophia Rahmani to chief executive.

Read more about:

AUTHOR

Netwealth sees 80% rise in net flows

netwealth/platform/private-markets/matt-heine/

Platform Netwealth has reported its financial results for the first half of FY25, reporting an 80 per cent increase in net flows, with its CEO viewing a “huge opportunity” from private assets.

Read more about:

AUTHOR

Schroders expands active ETF range with 2 launches

active-ETF/Schroders/ETFs/

Schroders Australia has launched two active ETFs and plans to further expand its listed range over the year ahead.

Read more about:

AUTHOR

Relative Return Unplugged: RBA’s rate cut – a cautious move or necessary relief?

Podcast/Relative-Return/

On this episode of Relative Return Unplugged, host Maja Garaca Djurdjevic is joined by AMP’s chief economist Sha

AUTHOR

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

1 month 1 week ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

2 months ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

2 months 1 week ago

ASIC has canceled the AFSL of Sydney-based asset consultant and research firm....

1 week 3 days ago

The Reserve Bank of Australia has announced its latest interest rate decision following this week's monetary policy meeting....

2 weeks 5 days ago

A former financial adviser who stole $4.4 million from his family and friends to feed gambling debts has been permanently banned by ASIC....

3 weeks 2 days ago
moneymanagement logo