FUNDS MANAGEMENT

INDUSTRY NEWS

Magellan’s new chairman, Andrew Formica, says he is “deeply motivated” to return the fund manager to a growth footing by expanding its offerings. ...

INDUSTRY NEWS

The former chief executive of failed stockbroker BBY has been charged with aiding, abetting, counselling or procuring fraud with each of the two counts carrying a maximum...

INDUSTRY NEWS

A new report from Capital Group has observed broad industry progress in overcoming challenges that previously deterred investors from adopting ESG strategies....

INDUSTRY NEWS

While these fund managers believe the earnings story from AI outside the tech sector is likely to only play out by 2025, here’s how they’re stock-picking in the meantime ...

INDUSTRY NEWS

With the third quarter behind us, Money Management collates several Australian fund launches over the last three months, as well as notable fund manager deals. ...

INDUSTRY NEWS

Magellan Financial Group has seen funds under management decline in September, with a 17 per cent loss seen in the global equities division. ...

INDUSTRY NEWS

GQG Partners’ funds under management have marginally declined to US$105.8 billion at the end of 2023’s third quarter, compared to US$107.4 billion the previous month....

INDUSTRY NEWS

The specialist asset manager has launched the Global Opportunities Fund, following rising local demand from Australian investors for global sustainable investment options...

INDUSTRY NEWS

Growing public sentiment has seen Australia’s corporate world and super funds venture into conversations around the Voice to Parliament, but it appears fund managers are ...

INDUSTRY NEWS

Michele Bullock’s first rate call of a hold has been in line with market expectations, though the central bank and economists are hesitant to rule out a further hike whil...

INDUSTRY NEWS

Global fund manager Robeco has appointed Nick King as head of ETFs as it seeks to expand its business with an ETF platform....

INDUSTRY NEWS

In her first meeting as RBA governor, Michele Bullock has made the monetary policy decision on the monthly cash rate....

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

GG

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

1 month 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 ...

1 month 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 5 days ago

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

3 weeks 6 days ago

ASIC has released the percentage of candidates who passed its August financial advice exam with the volume dropping to the lowest since November 2022....

2 weeks 5 days ago