Data from the latest Adviser Ratings’ Landscape Report of adviser sentiment has found there could still be thousands more exits over the next few years as a question mark hangs over the experience pathway.
The firm's emergency rescue of Credit Suisse could mark its return to wealth management in Australia.
Maple-Brown Abbott has changed the screening process for its $35 million Responsible Investment fund to allow a greater focus on sustainability, renaming it the Australian Sustainable Future Fund.
Leaning into the growing demand for fixed income assets, Global X has launched a new exchange traded fund that will help Australian investors tap into the US corporate bond market.
The newly launched digital investment portfolio solution, Spark Invest, will see all profits from its management fees directed to charitable benefactors.
Magellan has seen funds under management fall to $43.2 billion with Australian equities falling by a third.
Nominations and submissions have opened for this year’s Fund Manager of the Year awards.
In the current inflationary market, the asset manager believes it’s time to re-evaluate bonds, starting by slashing fees on its iShares bond ETF offering in Australia.
The RBA has acknowledged the “painful squeeze” that interest rate hikes are having on households was a factor in its decision to pause this month.
Former MLC head of distribution, Rob Dassie, has returned to the firm in the financial advice arm of its life insurance business.
