LGT Crestone scales alts capabilities with senior appointment

lgt-crestone/hire/Alternatives/

Wealth management firm LGT Crestone has appointed Darragh Kennelly as a senior investment analyst to help the firm scale its alternatives platform.

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MLC Expand introduces ETFs on new low-cost investment menu

insignia/mlc/platform/ETFs/

Insignia Financial’s wrap platform, MLC Expand, has launched a new investment menu, delivering low-cost access to ETFs and term deposits for advisers and their clients.

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Pinnacle finds success with major UK affiliate

Pinnacle-Investment-Management/UK/

Pinnacle’s London affiliate, Life Cycle Investment Partners, has secured over $15 billion in FUM in its first year and achieved profitability, the firm’s fastest affiliate to do so.

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How quickly can foreign fund managers access Australia?

law/ASIC/regulation/compliance/

For foreign fund managers looking to come to Australia, a financial services law firm has shared which regulatory option offers them the quickest pathway?

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WT's Cullen on challenging UK and US advice players

WT-Financial/Keith-Cullen/financial-advice/AFSL/

WT Financial’s Keith Cullen is eager for its Hubco initiative to see advice firms under its licence trade at multiples which are catching up to those UK and US financial advice firms.

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Betashares confirms private capital division with first US partnership

BetaShares/ETFs/private-markets/fund-manager/

Betashares has partnered with a US fund manager to form a private capital division aimed at providing financial advisers and wholesale clients with private markets investments.

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First Guardian and Shield complaints mount up for Sequoia

Sequoia-financial-group/AFCA/complaints/

Sequoia Financial Group has revealed the scale of complaints lodged with the Australian Financial Complaints Authority relating to its role in the Shield Master Fund and First Guardian Master Fund collapses.

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AMP views addressable market of 10k advisers for North

amp/Alexis-George/amp-north/platform/

AMP chief executive, Alexis George, believes the North platform is on a forward trajectory after a period of “stagnation” and is targeting consistent quarterly growth in advisers.

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Insto client pulls US$1bn from GQG Partners

GQG-Partners/fund-managers/outflows/

GQG Partners has lost over US$1 billion from an institutional client, contributing to FUM falling by US$6 billion in July, as it flags fund underperformance could lead to continued outflows.

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FAAA to expand approved specialisations program

adviser-education/education/financial-advice/

The Financial Advice Association Australia has announced it will expand its approved specialisations program to broaden its range of qualification designations.

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