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

Adviser losses for the end of June have come in 143 per cent higher than the same period last year, and bring the total June loss to over 350. ...

In this week’s episode of Relative Return Insider, hosts Maja Garaca Djurdjevic and Keith Ford break down the flurry of activity and announcements since the calendar tick...

BlackRock has successfully completed its acquisition of global credit investment manager HPS Investment Partners, with the intention now to create a US$190 billion privat...

The finalists for the 2025 Australian Wealth Management Awards have been revealed, shining a spotlight on the top performers and rising stars across the nation’s wealth s...

Results are out for the latest sitting of the ASIC financial advice exam, with the pass rate falling for the second consecutive sitting....

Former Iress chief executive, Andrew Walsh, has been promoted to chair of a boutique Sydney advisory firm, having stepped down from the same position at Mason Stevens....

The Compensation Scheme of Last Resort has released the FY26 revised levy estimate, but the FAAA is concerned costs will be pushed into the following year....

Magellan has closed out the financial year with funds under management approaching $40 billion and outlined its estimated performance fees....

Disgraced adviser Joshua Fuoco described himself as the “biggest monkey” at AFSL Group and provided financial advice via WhatsApp, all while being banned for 10 years, co...

From multiple fund launches and personnel changes to major outflows and a scrapped deal, Money Management has collated the most significant news in the funds management i...

Two active fund managers have outshone rivals to report double-digit share price growth of more than 40 per cent for FY25, but another has lost more than 50 per cent. ...

Financial year losses of limited advice advisers could mean the sector is “dead in the water” going forward after a continuous decline. ...

ASIC has permanently banned a financial adviser after he allegedly concealed information from clients and misused client funds, among other breaches....

Insignia Financial has completed its transition of a range of administration and technology functions to SS&C Technologies as it seeks to be a leading wealth manager by 2...

Prime Value Asset Management has launched a retail fund investing in microcap companies, a new version of its existing wholesale offering....

Two national advice businesses have merged to form a leading holistic advice business with $2.5 billion in funds under management....

Platinum Asset Management has entered into binding terms for a merger with L1 Capital with the firm to be renamed upon completion...

The RBA has handed down its much-anticipated rate decision, following widespread expectations of a close call....

A specialist ETF provider is seeking to become “the new Betashares” with its active ETFs, thanks to its use of algorithms to achieve outperformance....