Australian Ethical appoints COO

Australian-Ethical/John-McMurdo/appointments/

| By georgie preston |

Ethical investment manager Australian Ethical has announced the appointment of Anthony Lane as chief operating officer.

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ASIC cracks down with fourth private credit interim stop order

ASIC/private-markets/private-credit/

A fourth private credit fund has received interim stop orders from ASIC following the regulator’s surveillance review.

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Melbourne adviser banned for 8 years over inappropriate advice

ASIC/financial-advice/

ASIC has banned a Melbourne-based financial adviser for eight years over false and misleading statements regarding clients’ superannuation investments.

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HNW adviser inflows boost Praemium FUA

platforms/praemium/high-net-worth-investors/

Increasing traction among high-net-worth advisers and a stabilisation in adviser exits have helped Praemium report quarterly net inflows of $667 million in the third quarter of 2025.

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CFS partners with USYD to support sector-aligned AI development

colonial-first-state/CFS/artificial-intelligence/Sydney/

CFS has formed a strategic partnership with the University of Sydney to support the responsible development of AI solutions in the wealth management sector.

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Perpetual reports Q1 inflows for asset management division

Perpetual/asset-management/wealth-management/KKR/

Perpetual is yet to confirm a buyer for its planned wealth management disposal, but has reported strong asset management inflows in the first quarter.

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Former research house CEO moves to major fund manager

Zenith/Zenith-Investments-Partners/Pinnacle-Investment-Management/

The former CEO and co-founder of Zenith Investment Partners has switched sides and moved in-house to take up an executive role at a listed fund manager.

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Lessons from the US: The unforeseen consequence of PE growth

private-equity/M&A/consolidation/insignia/AZ-NGA/

With the Australian advice market being a target for US private equity firms, a US advice commentator has shared lessons from his overseas experience, and why PE may be less attractive than initially expected.

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Drummond boosts adviser distribution capabilities

asset-consultants/hires/distribution/

Investment manager Drummond Capital Partners has announced a series of appointments to expand its distribution reach with advisers nationwide.

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AWAG strikes strategic JV deal to expand market reach

M&A/Singapore/financial-advice/

AWAG has entered a strategic joint venture relationship with Singapore-based financial services firm PhillipCapital, expanding its product and services distribution reach.

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