In the latest episode of Relative Return Insider, host Keith Ford and AMP chief economist, Dr Shane Oliver, discuss this week’s RBA interest rate decision, a potential government shutdown in the US, and a new property scheme aimed at first home buyers.
Shadforth CEO Terry Dillon has told Money Management the time is right to pursue inorganic growth as it seeks to double in size by 2030 and acquires a Melbourne advice firm.
Entireti has announced the rebranding of PFS Investment Management, bringing together the group’s investment capabilities to support its licensee network.
Franklin Templeton has completed its global integration of Martin Currie into ClearBridge Investments following its scrapping of the brand earlier this year.
ECP Asset Management has promoted Justin Warton to partner, investments, as its Global Growth Fund launches on the HUB24 platform.
Colonial First State has appointed J.P. Morgan Asset Management to manage two global equity strategies run as multimanager single sector options.
Magellan and Perpetual have announced changes to their portfolio management teams, with a former Fidelity manager joining Magellan’s global equities team.
Global asset manager Allspring Global Investments has hired an experienced sales head as it looks to expand its presence in Australia and New Zealand.
The structural shift towards active ETFs will reshape the asset management industry, according to McKinsey, and financial advisers will be a key group for managers to focus their distribution.
The Reserve Bank of Australia has announced its latest interest rate decision following this week's monetary policy meeting.
