Apostle appoints head of wholesale director

Apostle-Funds-Management/wholesale-investing/appointments/

Apostle Funds Management has appointed the newly created position of director, head of wholesale as the firm expands its Australian footprint in the wholesale sector.

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HUB24 breaks through $100bn FUA

HUB24/platforms/Andrew-Alcock/

Platform HUB24 has reported $100 billion funds under administration in its latest quarterly results, helped by a 90 per cent rise in platform net inflows.

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InvestSMART platform’s ETFs to ‘empower advisers’

investSMART/Robo-advice/digital-advice/investment-platform/

The Rask Group, in partnership with InvestSMART’s new investment platform, has announced three ETF strategies, aimed at empowering financial advisers to create and manage their own ETF portfolios.

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How can investment firms successfully reduce business costs?

abrdn/recruitment/employment/Kaizen-Recruitment/

As fund managers look to enhance efficiencies and reduce operating expenses amid active underperformance, former abrdn managing director Brett Jollie shares how to successfully do so.

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ASIC announces senior executive leadership exits

ASIC/ceo/warren-day/regulation/enforcement/recruitment/

ASIC chief executive, Warren Day, is among senior executives to depart the corporate regulator amid changes to its leadership team.

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Relative Return: Supporting the financial services ecosystem

Podcast/Relative-Return/

In this special episode of Relative Return, Momentum Media’s Phil Tarrant and Jordan Coleman discuss the publishing house’s expansion into greater coverage of the wealth management space.

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The most in-demand financial services roles

compliance/risk-management/recruitment/salaries/

Recruitment manager Robert Half has shared the most in-demand roles in financial services that firms are finding difficult to fill, driven by ASIC’s growing focus on risk and compliance.

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AMP advisers approach 1k as firm targets breakeven in advice

Alexis-George/adviser-numbers/financial-advice/bolr/amp/

Progressing digital advice and seeking breakeven in the advice division are part of AMP’s goals for the upcoming financial year as it approaches 1,000 financial advisers in its licensee.

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Greater transparency offered for ESG alternative funds

ESG/esg-disclosure/alternative-assets/private-markets/

Preqin, an alternative assets data provider, has developed a range of ESG fund performance benchmarks to provide advisers with greater transparency of the alternatives space.

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Iress completes platform sale to Praemium

iress/praemium/OneVue/

Iress has completed the sale of its platform business, bringing $4.1 billion in funds under administration over to Praemium.

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