Having divested its advice business in August, AMP is undergoing restructuring in at least four other departments amid a cost simplification program.
Blackwattle Investment Partners has revealed it will be launching a mentorship program to empower experienced female professionals into the funds management industry.
Pengana Capital Group has announced the launch of a diversified global private credit separately managed account fund, with initial platform access on AMP’s North platform.
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Insignia Financial staff are to trial a four-day work week among multiple benefits agreed through a new enterprise agreement.
Almost three-quarters of asset management chief executives globally are worried a lack of talent will negatively impact their growth, according to KPMG.
The FAAA has told a parliamentary joint committee that instituting a financial literacy test could help ensure clients avoid being misclassified as wholesale investors.
International equity ETFs continue to encompass the lion’s share of the broader Australian ETF industry’s growth, with the segment accounting for 60 per cent of quarterly flows in Q3.
Financial advice software DASH Technology Group has received a further $10 million investment from Bailador Technology Investments to fund its acquisition of Integrated Portfolio Solutions.
