Fintech firm HUB24 has taken an equity stake in Finura Digital to accelerate the development of its SaaS platform, triggering the separation of Finura’s advisory business. Launched earlier this year, ...
AMP has appointed a former funds management chief as director for platform growth and wealth distribution. Kristine Goodwin (nee Brooks) was formerly chief country officer and executive director ...
First Sentier has announced it will transition the Stewart Investors (SI) investment management responsibilities to its affiliate investment team. From 14 November, SI responsibilities will move over ...
The Financial Advice Association Australia (FAAA) and Financial Services Council (FSC) have reacted to the news that the latest Compensation Scheme of Last Resort (CSLR) levy will be $137 million.
Evidentia Group, a wholly owned subsidiary of Generation Development Group (GDG), has entered into a binding agreement to acquire Encore Advisory Group. Founded in 2002, Encore is an Australian ...
With ETF pricing becoming more competitive than ever, those active ETF vehicles priced higher than 120bps are the only segment of the popular products to see outflows. According to the EY quarterly ...
While the number of advisers switching tends to tick up at the end of the year, Padua Wealth Data has revealed that advisers under an institutional or salaried business model has the lowest rate of ...
Former CEO of Global X, Evan Metcalf, has taken up a new position at a specialist ETF provider. Metcalf worked at Global X ETFs Australia for a decade and was appointed as its CEO in September 2022 ...
The abrdn Emerging Markets Equity Fund will focus on cash generative companies with strong earnings growth, with a portfolio of around 80–100 emerging market equities. The fund was previously known as ...
Passive ETFs are seeing stronger flows than their active counterparts despite the proliferation of active launches this year, according to Morningstar. In its Australian Asset Manager report for Q3 ...
As many advisers prepare for retirement, business advisory firm Business Health has said that advisers need to be taking a proactive approach to internal succession planning discussions with clients.
Russell Investments has partnered with financial advice firm Invest Blue to launch the Cornerstone Private Markets Managed Portfolio, to expand private market access for Australian advised investors.
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