Dixon class action settlement delayed by Federal Court

Dixon-Advisory/dass/Dixon/federal-court/E&P-Financial-Group/

The Federal Court of Australia has pushed back a decision on the class action settlement for two weeks.

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Advice profession slips below 15.6k adviser mark

Wealth-Data/Colin-Williams/adviser-numbers/Count-Financial/

With a weekly loss of 14 advisers led by declines at Count Financial, the financial advice industry has fallen below the 15,600 line.

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Conditions ‘ripe’ for fund manager M&A activity: WAM

Wilson-Asset-Managment/mergers-and-acquisitions/merger/GQG-Partners/M&A/

The current macroenvironment is proving to be ‘encouraging’ for global mergers in the funds management space, says Wilson Asset Management, underpinned by increased optimism from dealmakers.

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GQG forecasts continued FUM uptick amid ‘solid’ quarterly results

GQG-Partners/fund-flows/Funds-management/

The fund manager has seen consistent growth in funds under management for the quarter in what it describes as a ‘solid start’ to 2024.

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Magellan sees fifth monthly FUM increase despite slower pace in March

Magellan/fund-flows/Andrew-Formica/Sophia-Rahmani/australian-equities/

Although the fund manager continued to recover in March, the pace was slower compared to previous months.

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How to deliver quality responsible investment advice

responsible-investment/RIAA/ESG/ethical-investment/

Advisers need to expand their understanding of responsible investing in response to Australia’s increasing demand, according to an RI specialist.

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New lead partner appointed to Perpetual’s wealth management division

Perpetual/appointments/wealth-management/

The firm’s wealth management arm is welcoming an experienced corporate leader to its team.

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IAM bolsters fixed income executive team

appointments/fixed-income/

Income Asset Management has announced seven appointments in its fixed income team as the firm strengthens its reach across Australia.

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Which licensee has seen the highest adviser losses FYTD?

Wealth-Data/Count-Financial/Centrepoint/adviser-numbers/

Wealth Data has revealed which financial advice licensee has lost the greatest number of advisers this financial year-to-date, with the firm declining by 59 advisers over the period.

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Meet the Manager: Phillip Hudak of Maple-Brown Abbott

Maple-Brown-Abbott/Small-caps/global-equities/resources/

In the latest Meet the Manager profile, Money Management speaks with Phillip Hudak of Maple-Brown Abbott.

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