Global X brings US small caps ETF to market

Global-X-ETFs/ETFs/US-equities/president-trump/

| By Jasmine Siljic |

The ETF provider has launched its latest product providing investors with exposure to 2,000 small-cap stocks listed in the US, which are positioned to “benefit significantly” from President Trump's pro-growth stance.

AUTHOR

Jasmine Siljic

Jasmine Siljic is a journalist at Money Management. Prior to joining MM, she also worked across other Momentum Media brands as an intern and cadet journalist. She recently completed a Bachelor of Media and Communications at Macquarie University.

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Bravura climbs to ‘top of the tree’ on digital advice

Bravura/financial-advice/amp/digital-advice/

| By Laura Dew |

Financial planning

Bravura’s chief executive, Andrew Russell, believes the tech firm is at the “top of the tree” when it comes to digital advice, having already signed a deal with AMP.

AUTHOR

Laura Dew

Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.

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JPMAM hires former Netwealth investment solutions head

JPMAM/JP-Morgan-Asset-Management/netwealth/HNW/

| By Jasmine Siljic |

Funds management

JPMAM has appointed an Australian HNW client adviser to drive the momentum of its HNW channel, who previously served as Netwealth’s head of investment solutions.

AUTHOR

Jasmine Siljic

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Finance workers fear job security amid AI push

fsu/Finance-Sector-Union/artificial-intelligence/insignia/insignia-financial/

| By Jasmine Siljic |

Financial planning

As artificial intelligence becomes increasingly commonplace in Australia’s financial services sector, over half of workers fear it poses a threat to their job security, the FSU has unearthed.

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Jasmine Siljic

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Link Wealth grows national presence with Hobart acquisition

M&A/financial-advice/mergers-and-acquisitions/

| By Jasmine Siljic |

Financial planning

Financial services firm Link Wealth has purchased a majority stake in a Hobart-based advice business, its latest move as it makes a strategic expansion across the country.

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Jasmine Siljic

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Platinum reports lowest outflows in 18 months

Platinum/Platinum-Asset-Management/outflows/fund-management/

| By Laura Dew |

Funds management

Platinum Asset Management has announced an easing of the outflows experienced in 2024, reporting its smallest outflows in 18 months.

AUTHOR

Laura Dew

Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.

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Equity Trustees selected as RE for 2 alternative funds

equity-trustees/Equity-Trustee/Alternatives/responsible-entity/

| By Laura Dew |

Funds management

Equity Trustees has partnered with two alternative fund managers as the responsible entity for their latest fund launches.

AUTHOR

Laura Dew

Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.

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Praemium expands SMA range with multi-asset ETFs

ETFs/praemium/SMAs/

| By Jasmine Siljic |

Funds management

Praemium has added five new multi-asset SMAs to its platform from fintech Briefcase, which are constructed using ASX-listed ETFs to meet rising adviser demand.

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Jasmine Siljic

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NSW adviser’s ‘incompetence’ leads to FSCP action

ASIC/FSCP/financial-advice/

| By Laura Dew |

Financial planning

The Financial Services and Credit Panel has cancelled the registration of an NSW adviser for two years as it felt he displayed a “level of incompetence” in providing advice to his clients.

AUTHOR

Laura Dew

Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.

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ASIC makes first AFSL cancellation of 2025

AFSL/ASIC/

| By Laura Dew |

Financial planning

ASIC has cancelled its first AFSL of 2025, taking action against an advice licensee based in Sydney, NSW.

AUTHOR

Laura Dew

Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.

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