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A former Brisbane financial adviser has been found guilty of 28 counts of fraud where his clients lost $5.9 million....

Financial planning • 23 August 2024

GQG Partners' chief executive Tim Carver has identified how private credit is a “sunrise” part of the asset management industry as it sets up its own private credit solut...

Funds management • 26 August 2024

Global asset manager Natixis Investment Managers has appointed a distribution director for private wealth across southern Australia from Pengana Capital Group....

Funds management • 26 August 2024

Regal Partners CEO Brendan O’Connor says the firm is “match-fit” for future acquisitions as the firm reports a net profit after tax increase of 349 per cent in 1H24. ...

Funds management • 26 August 2024

Acting Pacific Current chief executive Michael Clarke has denied the firm is on a wind-up path after multiple divestments but says there will likely be further actions to...

Funds management • 26 August 2024

The wealth management platform has released its FY24 results and is planning to capture platform migration occurring among financial advisers to drive future growth. ...

Financial planning • 26 August 2024

State Street Global Advisors has taken a 5 per cent strategic stake in Raiz Invest, deepening its existing relationship with the Australian fintech platform....

Funds management • 26 August 2024

Publisher and entrepreneur Greg Bright, the visionary founder of Momentum Media brands InvestorDaily, ifa, Money Management, and Super Review, has passed away at the age ...

People & Products • 26 August 2024

Two former United Global Capital advisers, which entered into liquidation earlier this month, have commenced at a new licensee, while overall adviser numbers have fallen ...

Financial planning • 26 August 2024

BlackRock Australia has announced it intends to expand its fixed income and cash ETF range with a new launch for Australian advisers and investors following client demand...

Funds management • 27 August 2024

A new EY report highlights six key trends shifting the Australian ETF industry, from new issuers penetrating the market to a record-breaking number of active products. ...

Funds management • 27 August 2024

The exit of “smaller non-economic advisers” has improved net margin at Sequoia, while the divestment of Morrison Securities boosted its statutory net profit after tax for...

Financial planning • 27 August 2024

A former Brisbane financial adviser has been sentenced after being found guilty of a $5.9 million fraud, with the judge describing his actions as “brazen, gross and callo...

Financial planning • 27 August 2024

Money Management examines the funds under administration growth of three listed Australian platforms for FY24, with two players both achieving a 30 per cent rise....

Financial planning • 27 August 2024

Alternative asset manager Longreach Alternatives is launching a specialised distribution and advisory unit to meet the rising demand for alternative investment strategies...

Funds management • 27 August 2024

Insignia Financial has appointed a general manager for brand strategy as it moves to invest heavily in the MLC brand....

Financial planning • 27 August 2024

Two victims of Ben Jayaweera, who was sentenced to 12 years in jail this week, described the fraud as “truly heartbreaking” after they lost $260,000 at his hands....

Financial planning • 27 August 2024

Anja Pannek has urged organisations to measure its recruitment, retention and incentive strategies to ensure that there is gender diversity....

Funds management • 28 August 2024

ASIC is clamping down on the rise of private markets as it is concerned about valuations and their impact on the public counterparts....

Funds management • 28 August 2024

Global X’s Marc Jocum unpacks why investors are flocking to fixed income, as the asset class offers the potential for higher yields than its equity counterparts....

Funds management • 28 August 2024
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MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months 3 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

3 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

5 months ago

ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....

2 weeks 3 days ago

The corporate regulator has issued infringement notices to three AFSLs whose financial advisers provided personal advice to a retail client while unregistered....

3 weeks 1 day ago

ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test....

3 weeks 6 days ago