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Genium confirms senior hire from Morningstar

research-house/ratings/morningstar/

Boutique investment consulting and research house Genium Investment Partners has announced a senior appointment to drive further growth in its research ratings business.

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M&A actions propel licensees’ share price in Q1

financial-advice/licensees/AFSL/

Money Management examines the share price of financial advice licensees over one year to 31 March, with M&A actions in the final quarter having a positive effect for two licensees.

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‘Good result’ as $3.5m Caddick auditor class action approved

Melissa-Caddick/fraud/court/class-action/

A $3.5 million settlement for victims of Melissa Caddick has been approved by the Federal Court following an initial agreement last December.

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PE firm completes acquisition of Mason Stevens

Mason-Stevens/private-equity/M&A/platforms/

The acquisition of Mason Stevens by Adamantem Capital has reached completion, as the wealth platform looks to increase investment into its services for Australian wealth practices.

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HMC Capital flags upcoming private equity fund

private-markets/private-equity/fund-launch/

The alternative investment manager has signalled its intentions to repackage an existing fund into a second private equity vehicle, targeting both listed and unlisted opportunities.

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Otivo launches AI advice tool

otivo/AI/fintech/advice-technology/

Digital advice provider Otivo has launched an interactive tool, powered by artificial intelligence and Otivo’s own advice engine, to help answer client questions.

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Global X bolsters gold ETF suite

Gold/Global-X-ETFs/ETFs/commodities/

Global X’s third gold-focused ETF in Australia has hit the ASX for financial advisers and investors seeking an alternative way to access the commodity.

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Which new Aussie ETFs hit the market in 1Q25?

ETFs/active-ETFs/fund-managers/fund-launch/

The first quarter of the calendar year was a busy period for fund managers launching new ETFs, ranging from cryptocurrency funds to fixed income products.

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Betashares creates geared retirement series with AMP

North/amp/ETFs/BetaShares/

Betashares has extended its partnership with platform AMP North to create a targeted geared retirement series utilising internally geared ETFs.

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RBA makes pre-election rate call

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

The Reserve Bank of Australia has delivered its first rate decision since the introduction of a new board structure last month.

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