Count upgrades cost synergies from Diverger deal by $1m

Countplus Diverger Hugh Humphrey M&A licensees

Having completed the successful integration of Diverger, Count has upgraded its forecast for expected synergy benefits achieved by the acquisition by a third.

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Asset managers examine product ranges in cost-cutting bid

Northern Trust northern trust asset management equities ESG Alternatives fund managers

Almost 70 per cent of asset managers are planning to control costs via product rationalisation, according to a global survey by Northern Trust, as they seek to offer clients a best-in-class experience.

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Janus Henderson responds to client demand with 2 acquisitions

Janus Henderson ETF emerging markets M&A acquisition

Asset manager Janus Henderson has made two acquisitions in the ETFs and emerging markets space as it takes strategic steps to meet client needs.

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The need for collaboration to avoid greenwashing

ESG T. Rowe Price S&P responsible investment RIAA

Fund managers should work collaboratively with data providers to minimise greenwashing risks in their products as a positive ESG score can be a “game changer” for a fund’s demand with advisers.

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HNW alternative demand spells advice opportunity

Alternatives praemium high net worth asset allocation portfolio construction

With HNW investors representing the largest market for alternative assets, Praemium and CoreData research underscores why this presents a compelling opportunity for advisers.

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Double-digit adviser losses reported at AMP

Wealth Data amp amp financial planning adviser numbers new entrants

Australia’s largest licensee has seen the biggest number of adviser losses over the past week, while the expected wave of new entrants has boosted overall adviser numbers.

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Does self-reporting to ASIC reduce enforcement possibility?

ASIC RIAA Joe Longo greenwashing sustainable funds ESG

Self-reporting issues to ASIC could lead to a reduced charge for a fund manager but it may not exempt them from enforcement action altogether, according to ASIC chair Joe Longo.

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Iress upgrades earnings guidance amid transformation progress

iress technology Marcus Price

Iress has increased its forecast adjusted EBITDA by $5 million for the 2023–24 financial year in light of the sale of its platform business to Praemium and hinted at a return to dividend payments.

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CIO departure leads to AllianceBernstein reshuffle

Alliance Bernstein equities australian equities fund management CIO

AllianceBernstein has announced its chief investment officer and Australian equity manager Roy Maslen is to step down from the firm at the end of the year.

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Insignia details impact of Godfrey Pembroke exit

insignia financial insignia Scott Hartley

New Insignia Financial CEO Scott Hartley has detailed the impact of the Godfrey Pembroke exit and the progress in resetting its financial advice model on its latest quarterly results.

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MARKET INSIGHTS

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

1 month 1 week ago

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

1 month 2 weeks ago

Interesting. Would be good to know the details of the StrategyOne deal....

1 month 3 weeks ago

SuperRatings has shared the median estimated return for balanced superannuation funds for the calendar year 2024, finding the year achieved “strong and consistent positiv...

5 days 3 hours ago

Insignia Financial has confirmed it is considering a preliminary non-binding proposal received from a US private equity giant to acquire the firm. ...

4 weeks 1 day ago

Six of the seven listed financial advice licensees have reported positive share price growth in 2024, with AMP and Insignia successfully reversing earlier losses. ...

3 weeks 3 days ago