Former AMP advice MD joins Pengana distribution team
Fraser Herd, former managing director of employed advice at AMP, has been appointed distribution manager at Pengana for the NSW region.
Fraser Herd, former managing director of employed advice at AMP, has been appointed distribution manager at Pengana for the NSW region.
CountPlus has noted an 8% rise in reported revenue along with welcoming 31 net new advisers in the first
The prudential regulator has opted to maintain its macroprudential settings, citing a “high degree of uncertainty” in the economic outlook.
Despite exchange traded funds’ (ETFs) increasing popularity amongst retail investors, assets witnessed slower growth compared to 2021, growing 4.9% in 2022.
The major bank has revised its monetary policy expectations off the back of the Reserve Bank's hawkish rhetoric.
The investment platform has issued its first financial results update following the sale of its international business.
A former director and CEO has pled guilty to two counts of engaging in dishonest conduct, with two further offences under consideration, for cheating investors of nearly $1 million.
The asset manager has posted a 55% decline in net profit after tax as a result of costs associated with the Pendal acquisition.
Fund manager Pengana Capital Group paid zero performance fees in the first half of the financial year despite positive performance, a “highly unusual” position for the firm.
Diverger has added 160 self-licensed advice firms in the first half of 2022/23 as it targets achieving net revenue of $45 million in FY25.