Franklin Templeton CEO on the benefits of advice commission

Around a quarter of the population would benefit from advice via commission compared to fee-based advice, particularly younger investors, according to Franklin Templeton’s chief executive, Jenny Johnson.

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Ken Moelis-backed fundie bullish on credit amid debt crisis

moelis Australia private credit acquisition

EXCLUSIVE: Two years after joining forces with Ken Moelis, a New York-based asset manager is exciting Aussie investors with opportunities in US private credit amid a major banking crisis.

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Why GQG won’t be enamored by trendy stocks

gqg tech stocks stock picking

Reflecting on his 30-year career, GQG chairman Rajiv Jain has stressed the importance of avoiding a dogmatic approach to allocations and why technology stocks aren’t necessarily coming back into favour.

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AMP provides roadmap to ‘move the needle’ on digital advice

amp quality of advice review digital advice

As industry bodies push for quicker implementation of the Quality of Advice Review, AMP has revealed how digital advice providers can lead the way forward.

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Child exploitation and crypto mining in ‘ethical’ ETFs

westpac ETFs ESG ASIC T. Rowe Price

EXCLUSIVE Popular ETFs could soon come under ASIC’s radar as major ESG funds hold stocks that leading investment managers believe are far from ethical.

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abrdn wholesale director departs

abrdn distribution

Laura Mitchell has exited abrdn after more than 12 years, moving over to Atrium as sales manager.

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Top investment talent back new fund manager

fund launch fund managers aware super Pinnacle Zurich

Blackwattle Investments Partners, a new diversified fund manager, has commenced operations and will launch its first four investment portfolios from July 2023.

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Former fund manager banned for $7m naked short selling

ASIC banning

A former fund manager has been banned by ASIC for three years for naked short selling of shares worth $7 million.

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Tyndall AM launches Australian small-cap fund

Yarra capital management tyndall small cap

The new fund will invest in a diversified portfolio of some 25–70 Australian small-cap companies believed by the asset manager to be undervalued.

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Upward trend in advice entrants continues

Wealth Data advisers exit industry Adviser Ratings

There continues to be slow but steady growth in adviser numbers, with the number increasing to 15,846 following a small net gain of one adviser this week, according to Wealth Data.

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MARKET INSIGHTS

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

3 weeks 5 days ago

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

1 month ago

Interesting. Would be good to know the details of the StrategyOne deal....

1 month ago

Insignia Financial has confirmed it is considering a preliminary non-binding proposal received from a US private equity giant to acquire the firm. ...

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Six of the seven listed financial advice licensees have reported positive share price growth in 2024, with AMP and Insignia successfully reversing earlier losses. ...

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Specialist wealth platform provider Mason Stevens has become the latest target of an acquisition as it enters a binding agreement with a leading Sydney-based private equi...

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