Federal Court makes ruling in ASIC crypto asset case

ASIC/cryptocurrency/crypto-asset/federal-court/fintech/

The Federal Court has made one of its first decisions on the application of financial services law regarding crypto assets for fintech company Block Earner.

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Transformational task ahead as Hartley takes over Insignia

insignia-financial/insignia/amp/renato-mota/Scott-Hartley/

With shares down 51 per cent over the last five years and the firm losing its spot as Australia’s largest licensee, Scott Hartley will have a turnaround job ahead of him as chief executive of Insignia.

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Advisers seeing appeal of ETFs to serve younger investors

global-x/AUSIEX/ETFs/financial-advice/

ETFs are becoming increasingly attractive to advisers for their younger clients, according to AUSIEX, as way to provide them with diversification and a balanced portfolio.

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Small licensees not immune from ASIC surveillance

licensees/compliance/adviser-registration/professional-indemnity/PI-insurance/ASIC/

Smaller licensees should be aware that they are just as much on ASIC’s radar as their larger counterparts as increased data and technology means the regulator has greater transparency than ever, according to a compliance expert.

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Licensees recommencing to be a ‘common theme’ in 2024

Wealth-Data/Colin-Williams/licensees/

Wealth Data’s Colin Williams expects financial advice licensees recommencing to be a common trend throughout this year, as nine licensees have restarted over the past four weeks.

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JPMAM launches new adviser portal in Australia

amp/JPMAM/financial-advisers/

JP Morgan Asset Management has launched a new digital portal in Australia based on adviser feedback, enabling them to compare portfolio performance and access investment insights.

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Sequoia seeks $3.5m damages following Informed Investor acquisition

Sequoia/court/licensees/acquisition/

Sequoia is seeking $3.5 million in damages from Tim McGowen, following the acquisition of Informed Investor in April 2022.

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Self-licensing to remain strong trend in 2024

Adviser-Ratings/licensees/AFSL/

There remains a “strong appetite” for solo operators in the financial advice space, according to the latest Adviser Ratings’ Musical Chairs Report, making up over half of applications last quarter.

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Relative Return: Flying the flag for small caps

Podcast/Relative-Return/

In this episode of Relative Return, Maja Garaca Djurdjevic speaks with Andrew Peros, small-cap portfolio manager at Ausbil, about why the market environment indicates the “perfect time” to go into small caps.

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Aussie fund selectors believe AI is ‘here to stay’

artificial-intelligence/technology/Natixis-Investment-Managers/

Three-quarters of Australian fund selectors maintain that artificial intelligence is here for the long haul, Natixis IM reports, contrasting fears that the technology is a bubble.

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