FUNDS MANAGEMENT

INDUSTRY NEWS

Perpetual has seen another difficult quarter for its asset management division, reporting its largest quarterly outflows for FY24....

INDUSTRY NEWS

Generation Development Group has shared the outcome of its EGM regarding its plans to fully acquire Lonsec through remaining shares....

INDUSTRY NEWS

Four individuals face a $1 million fine after being charged with alleged market manipulation regarding a “pump and dump” scheme....

INDUSTRY NEWS

The number of Australian retail investors using ETFs has risen by 66 per cent since December 2022, while usage by institutional investors is the second-highest in the wor...

INDUSTRY NEWS

Global investment manager L1 Capital has expanded its fund range with the launch of a listed hedged vehicle on the ASX....

INDUSTRY NEWS

The ETF provider has appointed a new portfolio manager to its ranks to drive innovation, coinciding with the recent launch of its latest investment product....

INDUSTRY NEWS

State Street Global Advisors has expanded its ETF model portfolio range with the addition of a High Growth offering for advisers seeking to service younger investors....

INDUSTRY NEWS

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

INDUSTRY NEWS

Macroeconomic concerns and the upcoming US election have caused fund managers to turn pessimistic on global economic growth, according to Bank of America....

INDUSTRY NEWS

Janus Henderson has been awarded a $285 million mandate from MLC Asset Management to manage emerging market equities....

INDUSTRY NEWS

Asset manager Nuveen has promoted Saira Malik, who has worked at the firm for more than 20 years, as head of equities and fixed income....

INDUSTRY NEWS

Mergers and acquisitions in the Australian financial services industry are expected to continue surging, with M&A leaders looking to double the number of deals they are p...

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MARKET INSIGHTS

GG

So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...

4 weeks 1 day ago
Denise Baker

This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...

4 weeks 2 days ago
gonski

So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...

1 month ago

The decision whether to proceed with a $100 million settlement for members of the buyer of last resort class action against AMP has been decided in the Federal Court....

2 weeks 1 day ago

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

4 weeks 1 day ago

The Financial Advice Association Australia has addressed “pretty disturbing” instances where its financial adviser members have allegedly experienced “bullying” by produc...

3 weeks 2 days ago