Having peaked at more than 40 per cent growth since the first M&A bid, Insignia Financial shares have returned to earth six months later as the company awaits a final decision from CC Capital.

Investors in Australia have among the highest return expectations in the world, according to Natixis Investment Managers, targeting double-digit growth above inflation from their portfolios.

There is a gap in the market for Australian advisers to help individuals with succession planning as the country has been noted by Capital Group for being overly “hands off” around inheritances.

Private market secondaries manager Coller Capital has unveiled a new education platform to improve advisers’ and investors’ understanding of secondaries.

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager.

In the run-up to heavy losses expected at the end of the financial year, June has already reported consecutive weeks of adviser losses.

L1 Capital, which is in talks to merge with Platinum Asset Management, has indicated it opposes a deal to convert a Platinum LIC into an ETF.

Evidentia Group has hired a head of quantitative investments who joins the investment firm and managed account provider from AMP.

Bentham Asset Management has become the latest fund manager to expand its distribution team as it reports increased interest in its credit strategies.