ASSET MANAGEMENT

Funds management

Ethical fund manager, Ethical Partners, is understood to have closed up shop after six years in business....

Funds management

The cost of running an ESG fund is on the rise, and firms and investors are in debate how much this extra cost should impact product costs....

Funds management

ASIC has cancelled the AFSL of a Victorian asset manager, seven months after an officer of the company was charged with money laundering offences in an AFP investigation....

Funds management

Perpetual saw $4.3 billion in outflows from its asset management division in the last quarter to 31 December, but market movement meant overall AUM increased....

Funds management

Zenith has identified various asset managers which have performed strongly and those which have struggled in the second quarter of this year....

Funds management

Perpetual has announced leadership changes to its asset management executive team as it reports FY23 NPAT down 42 per cent thanks to $8.1 billion in net outflows....

Funds management

Senior executives from UniSuper, UBS and Macquarie Wealth have officially launched Playfair Asset Management to support superannuation funds....

Funds management

Institutional investors plan to increase their exposure to real assets over the coming years, according to new research from Aviva Investors....

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People & Products

Elizabeth Ninness, previously an executive consultant with NAB, will take on the role of chief operating officer at Talaria....

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People & Products

Lance Oliver will take on the newly-created role of head of sales at Talaria Asset Management....

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People & Products

Perpetual Limited has announced the promotion of Vince Pezzullo to head of equities within Perpetual Asset Management Australia....

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Funds management

Acquisitions helped Macquarie Asset Management grow its assets under management by 22% but base fees and performance fees were both down during FY21....

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People & Products

Former Ignition Advice chief executive, Manish Prasad, has taken a new role as head of asset management-Asia Pacific at Saxo Markets as the firm expands its offering....

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Funds management

The profitability of asset managers is likely to see a “dramatic” change in the next five years, according to EY, as inflows are forecast to fall to around 2% per annum. ...

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Financial planning

MLC Wealth has confirmed changes to its advice business as part of the firm’s separation from NAB Group. ...

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MARKET INSIGHTS

Alex

Planners will be in short supply, with only 376 in FY23–24. In my experience, of this number, only around 20% to 30% wi...

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Peter James

As usual there is no delineation in the article between risk specialist advisers and investment specialist advisers. Thi...

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Mark Harris

Is he serious, improvements from legislation change, all I see is more ASIC compliance and higher costs, this government...

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Insignia Financial has unveiled a new operating model and executive team, including a new head of advice, while three senior executives are set to depart the licensee....

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The $280 billion Australian Retirement Trust is the first superannuation fund off the block to report its performance for the 2023-24 financial year....

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Analysis by Chant West of the annual performance of growth superannuation funds has uncovered which ones see the best performance....

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