Macquarie Asset Management has unveiled two new fixed income ETFs, strengthening the firm’s global active ETF platform that launched in 2023.
Clime Investment Management has appointed a portfolio manager on its Clime International Fund, who transitions from his role as a private bank financial adviser.
Former financial adviser Bradley Grimm has lost his appeal to have his sentence overturned in the Supreme Court of Victoria after judges ruled the conditions were “lenient” for his actions.
Compensation claims regarding United Global Capital may be a “much bigger issue” than Dixon Advisory this year, the FAAA has said, but Dixon will be back on the agenda for FY26–27 and could push the levy past $100 million.
The corporate regulator has proposed additional relief for AFSLs under the reportable situations regime, with the FSC welcoming the changes to an “excessively burdensome” system.
HUB24 has seen record net inflows of $9.5 billion for the first half of FY25, driven by new advisers joining the platform and favourable market conditions.
Alternative asset manager HMC Capital has reported a 45 per cent rise in assets under management in the first half of FY25, and how its private credit division is performing following the acquisition of Payton Capital.
Investment group Future Generation has appointed its first chief investment officer who joins the team from Perpetual Asset Management.
Perennial Partners has made a series of appointments to its distribution team across Australia, including a director focused on private wealth, while an ESG specialist departs.
PIMCO has named its head of ETF sales for Australia, having promoted an account manager who joined the firm in July 2024.
