Coller Capital bolsters Aussie private wealth team

private-wealth/appointment/private-markets/

| By Jasmine Siljic |

Private markets secondaries specialist Coller Capital has appointed an Australian and New Zealand director who will work closely with private wealth managers and family offices.

AUTHOR

Jasmine Siljic

Jasmine Siljic is a journalist at Money Management. Prior to joining MM, she also worked across other Momentum Media brands as an intern and cadet journalist. She recently completed a Bachelor of Media and Communications at Macquarie University.

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AZ NGA-backed firm acquires Qld advisory practice

AZ-NGA/M&A/mergers-and-acquisitions/

| By Jasmine Siljic |

Financial planning

Rose Partners, which has a strategic partnership with AZ NGA, has purchased an advisory and accounting business based in Queensland to drive its expansion.

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Jasmine Siljic

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Entering Australia as an offshore ETF player

Mirae/Mirae-Asset-Global-Investments/ETFs/Global-X-ETFs/global-x/

| By Staff reporter |

Funds management

Australia’s “sophisticated” financial services industry is a magnet for offshore fund managers, according to a global firm.

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Active management viewed as ‘nearly zero-sum’ in face of ETFs

morningstar/active-ETFs/ETFs/

| By Laura Dew |

Funds management

The latest Morningstar asset manager survey believes ETF providers are likely to retain the market share they have gained from active managers.

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.

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Double-digit new adviser growth holds steady

Wealth-Data/adviser-numbers/new-entrants/

| By Jasmine Siljic |

Financial planning

The financial advice industry has enjoyed another week of strong new entrant numbers, totalling nearly 40 for the past fortnight, thanks to the latest exam passes.

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Jasmine Siljic

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Submissions now open for the Australian Wealth Management Awards 2025

awards/wealth-management/financial-advice/

| By Staff |

Financial planning

Momentum Media’s wealth publishing network – comprising InvestorDaily, ifa, SMSF Adviser, Money Management, and Super Review – is proud to launch the annual Australian Wealth Management Awards.

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Challenger’s FUM falls by $5.9bn in Q3

challenger/Challenger-life/Challenger-Limited/

| By Jasmine Siljic |

Funds management

Negative market movements, coupled with net outflows, have prompted a near $6 billion decline for Challenger’s funds management business in Q3.

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Jasmine Siljic

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Investment info firm acquires SA wealth practice

M&A/mergers-and-acquisitions/wealth-management/

| By Laura Dew |

Financial planning

Investment information firm Equity Story has signed a binding heads of agreement to acquire South Australian financial advisory and stockbroker Baker Young for $4.2 million.

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.

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PGIM Real Estate appoints deputy head of APAC

pgim/real-estate/appointment/

| By Jasmine Siljic |

Funds management

The real estate investment manager has positioned the APAC region for future growth with an internal promotion to the newly created role of deputy head of Asia Pacific