This week has marked only the second week of overall net losses since the start of the financial year, with M&A among the factors driving gains for licensees.

With North reporting its fastest six months of AUM growth in managed accounts, AMP says the vehicles have become a “foundational element of financial advice” for their efficiency benefits.

Shaw and Partners has reached $3 billion in funds under management on its separately managed account, and the firm is eager to expand the offering.

Money Management looks back on the biggest people moves in the fund management world over the last three months.

High-net-worth advice firm Multiforte Financial Services is to merge with Sydney advice firm Lorica Partners as it proactively seeks succession for its staff and clients.

Wilson Asset Management has lost the bid to take over running the Platinum Capital listed investment company, with shareholders opting for L1 Capital instead.

Shadforth CEO Terry Dillon has told Money Management the time is right to pursue inorganic growth as it seeks to double in size by 2030 and acquires a Melbourne advice firm.

Entireti has announced the rebranding of PFS Investment Management, bringing together the group’s investment capabilities to support its licensee network.

Franklin Templeton has completed its global integration of Martin Currie into ClearBridge Investments following its scrapping of the brand earlier this year.