Licensees recommencing to be a ‘common theme’ in 2024

Wealth-Data/Colin-Williams/licensees/

Wealth Data’s Colin Williams expects financial advice licensees recommencing to be a common trend throughout this year, as nine licensees have restarted over the past four weeks.

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JPMAM launches new adviser portal in Australia

amp/JPMAM/financial-advisers/

JP Morgan Asset Management has launched a new digital portal in Australia based on adviser feedback, enabling them to compare portfolio performance and access investment insights.

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Sequoia seeks $3.5m damages following Informed Investor acquisition

Sequoia/court/licensees/acquisition/

Sequoia is seeking $3.5 million in damages from Tim McGowen, following the acquisition of Informed Investor in April 2022.

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Self-licensing to remain strong trend in 2024

Adviser-Ratings/licensees/AFSL/

There remains a “strong appetite” for solo operators in the financial advice space, according to the latest Adviser Ratings’ Musical Chairs Report, making up over half of applications last quarter.

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Relative Return: Flying the flag for small caps

Podcast/Relative-Return/

In this episode of Relative Return, Maja Garaca Djurdjevic speaks with Andrew Peros, small-cap portfolio manager at Ausbil, about why the market environment indicates the “perfect time” to go into small caps.

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Aussie fund selectors believe AI is ‘here to stay’

artificial-intelligence/technology/Natixis-Investment-Managers/

Three-quarters of Australian fund selectors maintain that artificial intelligence is here for the long haul, Natixis IM reports, contrasting fears that the technology is a bubble.

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BlackRock appoints Australia head

blackrock/australian-market/APAC/appointments/

BlackRock has promoted Jason Collins from the deputy head of BlackRock Australasia to become its next head of Australia.

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Insignia names new CEO

insignia-financial/renato-mota/amp/

Insignia has looked to a rival licensee for its new chief executive to replace Renato Mota.

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Advice market sees ‘unprecedented’ M&A activity

M&A/mergers-and-acquisitions/financial-advice/Paul-Barrett/AZ-NGA/Forte-Asset-Solutions/

AZ NGA chief executive, Paul Barrett, has shared why financial advice firms have become more valuable to acquire in the five years since the Hayne royal commission and why appetite remains high for acquisitions.

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Boutique investment manager launches online solution

OpenInvest/fintech/online-investment/

Boutique asset manager Aldersley Capital has partnered with online platform OpenInvest to launch a new investing solution to reach a broader audience of high-net-worth investors.

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