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AWAG enters latest joint wealth management venture

financial-advice/joint-venture/M&A/

The Australian Wealth Advisors Group has entered into a joint venture with a Melbourne financial services firm to launch a wealth manager.

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AI investment enters a new frontier

BetaShares/ETFs/technology/artificial-intelligence/

Innovations in artificial intelligence are continuing apace with China leading global development, according to Betashares investment strategist Hugh Lam.

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Relative Return Insider: The push for holistic tax reform

Relative-Return/

In this episode of Relative Return Insider, host Keith Ford is joined by Accountants Daily journalist Imogen Wil

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WT Financial backs second ‘Hubco’ for advice duo

WT-Financial/AFSL/M&A/financial-advice/

WT Financial has announced its second “Hubco” with a combined valuation of $7.8 million, while its first one has successfully incorporated and is now making its own acquisitions.

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Litigation costs dent AMP 1H25 NPAT

amp/platforms/North/

Remediation and litigation costs have led AMP to announce a reduced statutory net profit after tax of $98 million for the first half of 2025.

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Fixing the PY pipeline: Addressing the challenge for licensees

py/new-entrants/professional-year/AFSLs/education/

Stakeholders in the professional year discussion underscore the challenges in the current pipeline and what is holding back licensees from taking on new candidates.

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Overseas affiliates drive Pinnacle FUM in FY25

Pinnacle/Ian-Macoun/financial-results/

| By Miranda Brownlee |

Funds under management at Pinnacle Investment Management are approaching $180 billion, helped by a substantial jump in FUM from its overseas affiliates.

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CFS makes debut private equity allocation in JPMAM partnership

JPMAM/CFS/private-equity/

Colonial First State has partnered with JP Morgan Asset Management to make its inaugural private equity allocation, continuing the firm’s expansion into unlisted asset classes.

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Betashares launches new Australian equity ETF

BetaShares/ETF/australian-equity/management-fees/

Betashares has expanded its equity range, launching its latest Australian equity ETF and reducing the management fee on its existing global dividend ETF.

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Warakirri launches global small-cap fund in international partnership

Warakirri-Asset-Management/global-small-caps/global-equities/fund-launch/

Warakirri Asset Management has partnered with US-based investment manager ClariVest to give Australian retail and wholesale investors access to the firm’s global small companies strategy.

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