Smart beta ETF usage on the rise among advisers

Smart-beta/ETF/VanEck/financial-advice/

Financial advisers are demonstrating interest in smart beta ETFs, according to VanEck, who are using it as an alternative to active management.

AUTHOR

HMC Capital hires director to boost wholesale reach

distribution/business-development-manager/private-markets/private-credit/BT/appointments/hires/

Former BT sales executive, Sarah Hegarty, has taken up the role of senior director of wholesale distribution at HMC Capital.

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RBA makes final 2024 rate call

RBA/interest-rates/central-banks/monetary-policy/

The Reserve Bank of Australia has announced its final interest rate decision for 2024 amid stubborn inflation and faltering economic growth.

AUTHOR

Perpetual/KKR deal in doubt amid significant tax liability

Perpetual/KKR/ATO/

The deal between Perpetual and KKR is in doubt after the ATO significantly reduced the estimated cash proceeds for shareholders due to a $488 million primary tax liability.

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Former AMP advice exec steps back as FSCP panel cuts to 24

FSCP/ASIC/amp/

Nick Hilton, newly appointed as executive general manager for advice delivery at Entireti following the AMP acquisition, is among seven individuals stepping back from the FSCP as the panel is cut down to 24 members.

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Employee development at the fore as competition heats up

employment/merger-and-acquisition/staff/wealth-management/

As firms jostle to retain their top talent in a competitive jobs market, recruiters observe discussions around professional development and growth have become increasingly prominent alongside remuneration.

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Management fees pivotal for ETF investors

ETFs/exchange-traded-funds/management-fees/

A new Computershare survey reveals management fees are a key priority for ETF investors, alongside the growing performance expectations.

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Bennelong to welcome 2 board members

board-of-directors/bennelong-funds-management/

Bennelong Funds Management has announced new additions to its board following the retirement of chair Lincoln McMahon at the end of this year.

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Former Pendal CEO joins DNR Capital board

DNR-Capital/pendal/Perpetual/

Former Pendal chief executive Emilio Gonzalez will be joining the board of boutique fund manager DNR Capital in February 2025.

AUTHOR

Settlement reached in Caddick auditor class action

Melissa-Caddick/SMSF/federal-court/

A group of 31 victims of Melissa Caddick have agreed to an in-principle settlement with the auditors engaged to conduct annual audits of their SMSFs.

AUTHOR

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