ASSET MANAGEMENT

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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Funds management

Australia’s newest asset manager, Federation, has unveiled its senior investment team and launched its strategy....

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Policy & Regulation

New research conducted by RBC Investor and Treasury Services has confirmed that regulation is the big challenge facing asset managers....

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People & Products

Ironbark Asset Management has made key distribution appointments as it focuses on growth....

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MARKET INSIGHTS

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Never miss the latest news and developments in wealth management industry

Squeaky'21

My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...

4 days 2 hours ago
Jason Warlond

Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...

4 days 3 hours ago
Jasmin Jakupovic

How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...

5 days 2 hours ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 1 week ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

8 months 4 weeks ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 1 week ago