Former Treasurer, Josh Frydenberg, has taken a new job at Goldman Sachs following his election defeat in May....

Lonsec has announced the acquisition of Implemented Portfolios Limited (IPL), a specialist managed discretionary account (MDA) provider to high net wealth individuals and...

US Treasury returns have had their worst January-April period since 1788 as leading indicators are increasingly pointing to recession risk in the United States, according...

The number of advisers using managed accounts has passed 1,000, according to BT, with funds under administration for the strategies reaching $10.7 billion....

Almost 90% of the funds available to Australian investors have failed to make positive returns over the past six months, research by Money Management shows....

The number of financial advisers has grown for the third week in a row, bringing the total growth for the financial year to date to 170, according to Wealth Data....

With the Australian share market dominated by banking and resources heavyweights, Australian investors need to think beyond active and market-cap strategies in Australian...

HSBC Bank Australia has appointed a new chief executive as current CEO, Kaber McLean, takes a six-month sabbatical....

The outperformance of growth equities is “over for the foreseeable future”, according to Natixis Investment Managers, with rising inflation ranked as the biggest market r...

Investor interest in ESG investing is growing but only 20% of investors say their adviser has explained ESG concepts and terms to them....

Magellan fund managers have outlined which global stocks have helped and hindered its $9.4 billion Magellan Global fund over the last 12 months....

Centrepoint Alliance has ended the 2022 financial year with 517 licensed advisers with an additional 175 advisers coming from the acquisition in ClearView and a further 2...

It was good news for advisers in the latest Australian Financial Complaints Authority (AFCA) data for the past year with the advice sector seeing a decline in complaints ...

Capital Group Investment Management has announced it is reducing its management fees across its range of Australian funds....

The Perennial Better Future Strategy, an actively-managed portfolio focused on small and mid-cap companies shaping a better future, has been appointed to manage a $100 mi...

Perpetual, which is in talks to acquire Pendal, has seen a “change in the mix of AUM” with strong inflows coming from its intermediary channel in Perpetual Asset Manageme...

Former Liberal MP Jason Falinski has taken up a role on the board of a Queensland property company....

Specialist insurance advisory firm, Certe, has acquired financial advisory business, Genesis Financial Partners, to create an integrated professional services firm with o...

Iress has appointed a new chief executive following the decision by Andrew Walsh to retire after more than 20 years with the company....

Wayne Byres, chair of the Australian Prudential Regulation Authority, has announced he will step down, two years prior to the end of his five-year term....