First Sentier CEO to step down

first-sentier/First-Sentier-Investors/CFSGAM/CFS/ceo/

First Sentier Investors chief executive, Mark Steinberg, is set to depart the asset manager after seven years.

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AMP sued by Dexus over property disposal

amp/Dexus/court/real-estate/property/

AMP has announced to the ASX that it is being sued by property fund manager Dexus regarding the sale of its real estate and domestic infrastructure equity business.

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Metrics progresses consumer lending expansion with 2 acquisitions

Metrics/metrics-credit-partners/acquisition/M&A/Alternatives/

Metrics Credit Partners has completed the acquisition of Taurus Finance Group and BC Investment Group as it looks to launch consumer lending arm Navalo.

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Relative Return Insider: Market volatility fails to dent super fund performance

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In this week’s episode of Relative Return Insider, hosts Maja Garaca Djurdjevic and Keith Ford break down the fl

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Former Qld adviser receives 10-year ban

ASIC/banning/fees-for-no-service/

ASIC’s enforcement action is having an active start to the new financial year, banning a former Queensland financial adviser for 10 years in relation to fees for no service conduct.

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ASIC confirms 2024–25 industry levy

ASIC/ASIC-levy/levy/

ASIC has confirmed the industry funding levy for the 2024–25 financial year, and how much licensees can expect to pay.

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Greater bespoke model portfolio usage expected from licensees

State-Street/State-Street-Global-Advisors/model-portfolio/managed-accounts/

Australian licensees are expected to make greater use of custom model portfolios for their clients, according to State Street Investment Management, following in the footsteps of US peers.

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What can advisers learn from finfluencers?

finfluencer/financial-advice/Adviser-Ratings/

Adviser Ratings has argued that it’s time for more advisers to utilise digital engagement tools available to them as a disconnect grows between consumers seeking advice from finfluencers and from professionals.

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Janus Henderson secures US$400m deal for fixed income development

Janus-Henderson/fund-managers/fixed-income/

Having seen inflows of US$5.6 billion to its fixed income funds in the last quarter, Janus Henderson has closed on a deal with life insurer Guardian to secure funds to boost its product development.

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Metrics managing partner to step back

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One of Metrics’ four managing partners is to step back from the business next year, having worked at the firm since its inception in 2011.

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