Entireti has announced the rebranding of PFS Investment Management, bringing together the group’s investment capabilities to support its licensee network.

Franklin Templeton has completed its global integration of Martin Currie into ClearBridge Investments following its scrapping of the brand earlier this year.

ECP Asset Management has promoted Justin Warton to partner, investments, as its Global Growth Fund launches on the HUB24 platform.

Colonial First State has appointed J.P. Morgan Asset Management to manage two global equity strategies run as multimanager single sector options.

Magellan and Perpetual have announced changes to their portfolio management teams, with a former Fidelity manager joining Magellan’s global equities team.

Global asset manager Allspring Global Investments has hired an experienced sales head as it looks to expand its presence in Australia and New Zealand.

The structural shift towards active ETFs will reshape the asset management industry, according to McKinsey, and financial advisers will be a key group for managers to focus their distribution.

The Reserve Bank of Australia has announced its latest interest rate decision following this week's monetary policy meeting.

Betashares has expanded its Wealth Builder range with its latest global shares ETF, bringing the range to four “moderately geared” ETFs.

Licensees have been urged by ASIC to ensure their advisers’ FAR records are updated, as ASIC’s latest estimates find more than 3,000 advisers could be unable to provide advice next year.