Lazard AM welcomes global investment head as CEO

Lazard-Asset-Management/CEOs/appointment/asset-management/

Global investment firm Lazard Asset Management has appointed AllianceBernstein’s global head of investment as chief executive, as current CEO Evan Russo prepares to step down after almost two decades at the firm.

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Ausbil launches first active ETF with income offering

Ausbil/active-ETFs/ETFs/australian-equities/

Ausbil has launched its first active ETF in response to adviser demand for a dual-access product offering regular monthly income.

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AT1 phase-out prompts product rethink from ETF providers

active-ETFs/ETFs/fixed-income/bonds/hybrids/Macquarie-Asset-Management/BetaShares/Global-X-ETFs/

ETF providers are considering the phase-out of bank hybrids in their product development plans with billions of fixed-income assets set to seek a new home in the coming years.

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‘The PY is just the beginning’: Ensuring successful adviser retention

professional-year/wilsons-advisory/education/retention/

With candidate retention a concern after a professional year, two large licensees have shared how they are structuring their programs to successfully ensure candidates are keen to remain beyond the year.

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How will advisers reallocate their AT1 assets?

fixed-income/bonds/APRA/hybrids/financial-advice/

Financial advisers have been urged to consider the role they are using AT1 hybrids for in client portfolios when it comes to deciding on a suitable fixed income replacement, particularly for their retiree clients.

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Platinum reports $454m outflows, further losses ahead

Platinum/Platinum-Asset-Management/outflows/

Platinum Asset Management has reported its second-highest monthly outflows for 2025 with more expected later this year, thanks to a major client redemption.

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Navigating difficult allocation discussions with clients

asset-allocation/financial-advice/portfolio-construction/private-wealth/

Private wealth manager Escala Partners has shared the difficult conversations that advisers need to have with their clients as strong sharemarkets prompt a portfolio rebalance.

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Evidentia Private appoints private wealth principal

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Evidentia Private has appointed PIMCO’s Haydn Scott as principal for private wealth solutions, focusing on asset consulting and private markets.

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‘Great loss of experience’: 1k advisers forecast to exit by 2026

Wealth-Data/Sarah-Abood/education/ASIC/regulation/adviser-exits/financial-advice/

As the 1 January 2026 education deadline looms, the FAAA is predicting as many as 1,000 advisers could exit the profession, triggering a significant experience loss for the profession.

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