RBA makes unexpected rate decision
The RBA has handed down its much-anticipated rate decision, following widespread expectations of a close call.
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Platinum brand in doubt as binding terms signed with L1 Capital
Platinum Asset Management has entered into binding terms for a merger with L1 Capital with the firm to be renamed upon completion.
AUTHOR
Laura Dew
Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.
Limited advice sector ‘dead in the water’ after EOFY losses
Financial year losses of limited advice advisers could mean the sector is “dead in the water” going forward after a continuous decline.
AUTHOR
Laura Dew
Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.
National advice firms enact major merger
Two national advice businesses have merged to form a leading holistic advice business with $2.5 billion in funds under management.
AUTHOR
Laura Dew
Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.
Insignia completes SS&C transition for Master Trust
Insignia Financial has completed its transition of a range of administration and technology functions to SS&C Technologies as it seeks to be a leading wealth manager by 2030.
AUTHOR
Laura Dew
Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.
Prime Value targets retail investors with microcap fund
Prime Value Asset Management has launched a retail fund investing in microcap companies, a new version of its existing wholesale offering.
AUTHOR
Shy-Ann Arkinstall
The biggest funds management news of FY25
From multiple fund launches and personnel changes to major outflows and a scrapped deal, Money Management has collated the most significant news in the funds management industry over the past 12 months.
AUTHOR
Shy-Ann Arkinstall
Adviser permanently banned for misuse of client funds
ASIC has permanently banned a financial adviser after he allegedly concealed information from clients and misused client funds, among other breaches.
AUTHOR
Laura Dew
Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.
The 2 fund managers seeing 40% share price growth
Two active fund managers have outshone rivals to report double-digit share price growth of more than 40 per cent for FY25, but another has lost more than 50 per cent.
AUTHOR
Laura Dew
Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.
BlackRock flags US$190bn private solutions platform launch
BlackRock has successfully completed its acquisition of global credit investment manager HPS Investment Partners, with the intention now to create a US$190 billion private financing solutions platform.
AUTHOR
Shy-Ann Arkinstall
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