GQG shares FUM update ahead of FY results

GQG Partners has reported a small rise in funds under management in July, ahead of its full-year results later this month.

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Sequoia sees third chairman in 4 months

Advice licensee Sequoia Financial Group has announced a new chairman as the firm reshuffles following a shareholder dispute.

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‘We haven’t chosen to go fast’: Berry provides CSLR update

The Compensation Scheme of Last Resort’s CEO David Berry has confirmed the number of complaints the organisation is actively working on, with $3.3 million being paid to victims so far.

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‘Do or die’ for ASIC says Governance Institute

The Governance Institute has said ASIC’s governance arrangements are no longer “fit for purpose” in a time when financial markets are quickly innovating and cyber crime becomes a threat.

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‘Alert not alarm’: Lonsec warns on timing the market

Lonsec chief investment officer, Nathan Lim, has reminded advisers and clients that attempting to time the market to combat volatility this week could be costly to portfolios.

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Magellan Global Fund conversion sparks redemptions

Magellan Financial Group has reported its highest funds under management in almost a year, but specialist investors made redemptions following changes to its global fund.

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RBA hands down August rate decision

The central bank has announced its latest rate decision amid signs of improving inflation in Australia and rumbles of slowing global growth.

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Global X ETFs Australia CEO to depart

Global X ETFs has announced the CEO of its Australian business, Evan Metcalf, will depart the firm after a decade.

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An evolving advice landscape by 2050

Research has forecast how financial advice landscape demographics could look in 2050, including how many more Australian consumers will need complex advice.

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Choosing the right successor for your advice practice

Money Management explores the pros and cons of appointing a younger staff member as your successor, and why financial advisers shouldn’t underestimate their skills.

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