AET acquisition helps Equity Trustees profit in 1H23

equity-trustees/Australian-Executor-Trustees/financial-results/

Underlying net profit after tax at Equity Trustees was $13 million for the first half of the financial year as the company beds in the acquisition of Australian Executor Trustees.

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E&P updates on impact of DASS failure

dass/Dixon-Advisory/E&P-Financial-Group/Evans-&-Partners/AFCA/

Expenses incurred by responding to the failure of Dixon Advisory and Superannuation Services has caused total revenue at E&P Financial Group to decline by 15%.

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Which platform has taken the top spot?

platforms/investment-trends/HUB24/netwealth/

The annual platform report from Investment Trends has shared which platform has taken the top spot for overall functionality this year.

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WT Financial reports 1H23 earnings boost

Sentry-Group/WT-Financial-Group/Keith-Cullen/

The financial services firm has posted a 55% increase in operating profit after 'streamlining and integrating' its acquisition strategy.

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BetaShares slashes fees on Aussie equity ETF

BetaShares/ETFs/australian-equities/

BetaShares has cut the management fee on its $2.6 billion Australia 200 exchange traded fund (ETF) to 0.

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Third individual charged in relation to Courtenay House misconduct

Ponzi-scheme/

David Sipina has been charged with criminal offences relating to alleged misconduct at the Courtenay House group of companies.

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DASH expands business with eight hires

bt-financial-group/

Advice technology solutions firm DASH has made eight new hires including former BT manager Tim Rogers as head of distribution.

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American Century identifies demographic divides across impact investing

Funds-management/investment-trends/impact-investing/American-Century/

A disparity in demand for impact investing across gender, age, and nationality has been identified in new research conducted by the global asset manager.

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Is a US recession on the cards after all?

Bank-of-America/

Despite overwhelming pessimism for US markets going into 2023, the tide seems to be turning, with forecasts now mixed on a potential downturn.

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The race to acquire long-term clients: Netwealth

netwealth/

Wealth managers and advisers are racing to manage the next generation of investors and additional high net worth individuals among several trends facing the industry.

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