BNY appoints global investment and wealth head

Nuveen/BNY-Mellon/Insight-Investment/ceo/

Asset manager BNY, parent company of fixed income specialist Insight Investment, has appointed a global head for BNY Investments and Wealth.

AUTHOR

How much did Australia's largest super fund return in FY23–24?

australian-super/superannuation-funds/

Australian Super, which has $315 billion in member assets and 3.3 million members, has shared its annual returns for the FY23-24.

AUTHOR

Sequoia restructure to see 10% headcount reduction

Sequoia/AFSL/Garry-Crole/licensees/

Sequoia Financial Group has announced it is restructuring its business following a shareholder dispute which will see it reduce headcount by 10 per cent.

AUTHOR

Adviser’s permanent ban after exam falsification varied by AAT

financial-advice/exam/banning/ASIC/

A financial adviser who was permanently banned for falsifying his financial adviser exam result has seen the banning amended following a successful appeal to the Administrative Appeals Tribunal.

AUTHOR

Learning to let go as advice leaders

financial-advisers/elixir-consulting/practice-management/leadership/

With financial advice leaders often wearing too many hats in the business, two consulting professionals underscore the value of letting go and empowering staff to drive growth.

AUTHOR

The licensees reporting triple-digit share price growth

WT-Financial-Group/Sequoia/amp/insignia-financial/Fiducian/share-price/australian-equities/centrepoint-alliance/

Looking over the past five financial years, which advice licensees have demonstrated consistent long-term share price growth for their investors?

AUTHOR

Former Lonsec CEO joins Morningstar

morningstar/lonsec/research-house/superannuation-funds/

Former Lonsec chief executive, Matt Olsen, has joined Morningstar as director of manager research ratings as it branches out to rate superannuation funds.

AUTHOR

Pacific Current appoints acting CEO

GQG-Partners/Pacific-Current-Group/acting-CEO/ceo/

Following the exit of Paul Greenwood to join GQG Partners, Pacific Current Group has appointed an acting chief executive.

AUTHOR

HMC Capital completes private credit acquisition

private-credit/M&A/acquisition/fund-managers/

HMC Capital has completed its acquisition of private credit fund manager Payton Capital as it seeks to take advantage of the burgeoning opportunity in the asset class.

AUTHOR

ETFs continue as ‘flavour of choice’ for advisers

ETFs/Adviser-Ratings/asset-allocation/artificial-intelligence/bitcoin/

Demand for ETFs is only set to climb higher with over one-third of financial advisers planning to lift their ETF allocation in the next 12 months.

AUTHOR

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