Challenging markets hit Australian Ethical FUM

Australian-Ethical/John-McMurdo/financial-results/funds-under-management/

Ethical investment manager Australian Ethical has cited the ongoing challenging market environment for its modest decrease in assets over the latest quarter.

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Positive HUB24 tailwinds to fall away in FY26: Morningstar

HUB24/platforms/netwealth/

Despite reporting strong quarterly results, Morningstar forecasts initial tailwinds benefiting the platform in recent years are likely to fall away for HUB24 in the next financial year.

AUTHOR

Clime IM continues hiring spree with independent director

Clime-Investment-Management/Clime/appointments/

Clime Investment Management has welcomed an independent director to its board, which follows a series of recent appointments at the company.

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Former Victorian adviser sentenced after $4.4m theft

court/financial-advice/gambling/

A former Victorian financial adviser has been sentenced after stealing $4.4 million from clients, family and friends to feed his “raging gambling addiction”.

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Centrepoint Alliance acquires super fund advice book

centrepoint-alliance/john-shuttleworth/financial-advice/

Advice licensee Centrepoint Alliance has acquired the financial advice book of superannuation fund Brighter Super and will become the preferred partner to provide advice to its members.

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Aussie fund managers underestimating challenges in ETF launches

active-ETFs/ETFs/first-sentier/PwC/global-x/stockspot/

Commentators have said Australian fund managers are less knowledgeable compared with overseas peers when it comes to expanding their range with ETFs and underestimating the competition from passive strategies.

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FAAA welcomes Coalition’s ambitious 30k adviser target

Sarah-Abood/federal-election/coalition/politics/

The association has expressed its support for the Opposition’s commitment to making financial advice a “national priority”, alongside its bold target of reaching 30,000 advisers.

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Over one-third of investors seeking advice as trusted source

HSBC/financial-advisers/social-media/

Australian investors are increasingly turning to financial advisers as their top source of information, with more than a third using them for investment guidance.

AUTHOR

HUB24 adviser usage surpasses 5k in Q3

HUB24/platforms/financial-advice/

The number of advisers using the HUB24 platform has passed 5,000, with over 100 added in the latest quarter, thanks to a migration from ClearView.

AUTHOR

ClearBridge lists 3 infrastructure ETFs on ASX

ETFs/active-ETFs/infrastructure/clearbridge/clearbridge-investments/

ClearBridge Investments has expanded investor access to its global infrastructure investment strategies through the launch of three active ETFs on the ASX.

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