BNY appoints global investment and wealth head

Nuveen/BNY-Mellon/Insight-Investment/ceo/

Asset manager BNY, parent company of fixed income specialist Insight Investment, has appointed a global head for BNY Investments and Wealth.

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How much did Australia's largest super fund return in FY23–24?

australian-super/superannuation-funds/

Australian Super, which has $315 billion in member assets and 3.3 million members, has shared its annual returns for the FY23-24.

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Sequoia restructure to see 10% headcount reduction

Sequoia/AFSL/Garry-Crole/licensees/

Sequoia Financial Group has announced it is restructuring its business following a shareholder dispute which will see it reduce headcount by 10 per cent.

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Adviser’s permanent ban after exam falsification varied by AAT

financial-advice/exam/banning/ASIC/

A financial adviser who was permanently banned for falsifying his financial adviser exam result has seen the banning amended following a successful appeal to the Administrative Appeals Tribunal.

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Learning to let go as advice leaders

financial-advisers/elixir-consulting/practice-management/leadership/

With financial advice leaders often wearing too many hats in the business, two consulting professionals underscore the value of letting go and empowering staff to drive growth.

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The licensees reporting triple-digit share price growth

WT-Financial-Group/Sequoia/amp/insignia-financial/Fiducian/share-price/australian-equities/centrepoint-alliance/

Looking over the past five financial years, which advice licensees have demonstrated consistent long-term share price growth for their investors?

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Former Lonsec CEO joins Morningstar

morningstar/lonsec/research-house/superannuation-funds/

Former Lonsec chief executive, Matt Olsen, has joined Morningstar as director of manager research ratings as it branches out to rate superannuation funds.

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Pacific Current appoints acting CEO

GQG-Partners/Pacific-Current-Group/acting-CEO/ceo/

Following the exit of Paul Greenwood to join GQG Partners, Pacific Current Group has appointed an acting chief executive.

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HMC Capital completes private credit acquisition

private-credit/M&A/acquisition/fund-managers/

HMC Capital has completed its acquisition of private credit fund manager Payton Capital as it seeks to take advantage of the burgeoning opportunity in the asset class.

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ETFs continue as ‘flavour of choice’ for advisers

ETFs/Adviser-Ratings/asset-allocation/artificial-intelligence/bitcoin/

Demand for ETFs is only set to climb higher with over one-third of financial advisers planning to lift their ETF allocation in the next 12 months.

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