Two AZ NGA firms merge in ‘super firm’ strategy

AZ NGA M&A merger financial advice Paul Barrett

Two financial advice businesses are to merge in a bid to create a multidisciplinary professional services firm as part of AZ NGA’s “super firm” strategy.

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Three fund managers expand their ETF suites

BetaShares Russell Investments Franklin Templeton ETFs equities

Three solutions providers – Betashares, Franklin Templeton and Russell Investments – have all launched new ETF products, including one range which uses gearing to help build wealth.

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Why don’t licensees fall under FSCP’s spotlight?

FSCP ASIC compliance financial advisers

While the Financial Services and Credit Panel can take action on individual advisers’ misconduct, a compliance professional unpacks why the panel does not always subject licensees to further action.

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The need for high barriers to entry in fund management

fund management fund launch fund managers equities quality investments

High entry requirements are vital to ensure fund management remains competitive, according to Blackwattle’s managing director Michael Skinner, as the firm approaches its first anniversary.

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Forager outlines fund delisting rationale

Forager ASX delisting australian equities ETFs

Forager Funds Management has shared its rationale behind delisting its Australian Shares Fund from the ASX in favour of structuring it as an open-ended unit trust.

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Former Vanguard Super head lands asset manager CEO role

Bell Asset Management vanguard

Michael Lovett, who left the investment giant just three months after launching its Vanguard Super offering, has taken up a CEO role at an Australian asset manager.

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Apostle appoints head of wholesale director

Apostle Funds Management wholesale investing appointments

Apostle Funds Management has appointed the newly created position of director, head of wholesale as the firm expands its Australian footprint in the wholesale sector.

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HUB24 breaks through $100bn FUA

HUB24 platforms Andrew Alcock

Platform HUB24 has reported $100 billion funds under administration in its latest quarterly results, helped by a 90 per cent rise in platform net inflows.

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InvestSMART platform’s ETFs to ‘empower advisers’

investSMART Robo advice digital advice investment platform

The Rask Group, in partnership with InvestSMART’s new investment platform, has announced three ETF strategies, aimed at empowering financial advisers to create and manage their own ETF portfolios.

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How can investment firms successfully reduce business costs?

abrdn recruitment employment Kaizen Recruitment

As fund managers look to enhance efficiencies and reduce operating expenses amid active underperformance, former abrdn managing director Brett Jollie shares how to successfully do so.

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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...

4 days 20 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 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