BT and Preqin respond to adviser demand for private markets

Wealth management platform BT and alternative markets data provider Preqin have teamed up to provide financial advisers with greater education and transparency on private markets.

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Melbourne advice firm enters liquidation

A Melbourne financial advice firm has been put into liquidation by the Federal Court, and an appeal against its AFSL cancellation has been dismissed.

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‘We’ve moved quickly’: Count CEO reflects on growth trajectory

With two years as Count’s CEO under his belt, Hugh Humphrey takes a look back on how the firm has grown from its “subscale” position to Australia’s second-largest advice licensee.

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AMP BOLR settlement sees around 90 objections

Money Management understands there are around 90 objections to the AMP buyer of last resort class action, with a settlement hearing due to take place at the end of August.

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Has FSCP gone AWOL?

There have not been any determinations by ASIC’s Financial Services and Credit Panel for the last three months compared to nine bannings by the corporate regulator over the same period.

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Netwealth FUA rises 25% amid strong adviser pipeline

Netwealth has seen a “strong start to the year” with FUA up 25 per cent and is hopeful of the AMP advice divestment bringing new clients to the platform.

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US investment managers announce senior hires

Two US-based investment managers – State Street and Russell Investments – have bolstered their respective teams with senior appointments in global head positions.

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Pacific Current offloads stake in private credit manager

Pacific Current Group has entered into an agreement to sell a portion of its stake in global private credit manager, Victory Park Capital Advisors, to US asset manager Janus Henderson.

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The ‘magic number’ in advice practices

Two financial advisers have identified the “magic number” of advisers within a practice to achieve maximum efficiency and greater work/life balance.

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ETFs surpass $3bn in monthly flows for the first time

Monthly net flows into ETFs have surpassed $3 billion for the first time in July, as investors utilise the new financial year as an opportunity to enhance their portfolios.

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