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AZ NGA-backed firm acquires Qld advisory practice

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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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Entering Australia as an offshore ETF player

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

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/

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

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Double-digit new adviser growth holds steady

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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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Submissions now open for the Australian Wealth Management Awards 2025

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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

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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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Investment info firm acquires SA wealth practice

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

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.

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PGIM Real Estate appoints deputy head of APAC

pgim/real-estate/appointment/

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

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Relative Return Unplugged: ‘The largest trade war in modern history’

Podcast/Relative-Return/

In this week’s episode of Relative Return Unplugged, Dr Vladimir Tyazhelnikov from the University of Sydney’s Sc

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Adviser focus prompts platform cash flow jump for AMP

amp/platforms/North/financial-results/

Net cash flow on AMP’s platforms saw a substantial jump in the last quarter to $740 million, while its new digital advice offering boosted flows to superannuation and investment.

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