Major ETF providers see 100% inflow growth

ETFs/BetaShares/vanguard/Global-X-ETFs/VanEck/ishares/

Three of the largest ETF providers reported net inflow increases of more than 100 per cent during 2024, as Betashares admits it “underestimated” the scale of annual inflows the industry would see.

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Bennelong welcomes first RE client

Bennelong/bennelong-funds-management/responsible-entity/funds-management/

Bennelong Funds Management has announced its first responsible entity service client, having flagged it as a 2025 priority for the firm.

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Integro Private Wealth bolsters advice team

financial-advice/Perth/appointment/

The Perth-based advice practice has welcomed a private wealth adviser and senior paraplanner to its ranks amid its strategic shift towards wealth transfer strategies.

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SG Hiscock hires researchers and consultants head

SG-Hiscock/appointments/hires/

The fund manager has appointed American Century’s former Australian head of wholesale to its distribution team in the head of researchers and consultants position.

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Magellan names interim CFO amid search process

Magellan/Magellan-Financial-Group/hires/appointments/CFO/

As Magellan Financial Group continues its search for a permanent chief financial officer, it has looked internally for an interim replacement.

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AFCA enacts 93% rise in member expulsions

AFCA/Dixon-Advisory/Dixon/

The number of members expelled from the Australian Financial Complaints Authority almost doubled between 2023 and 2024, according to internal data.

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Perth advice firm merges with global insurer

M&A/financial-advice/wealth-management/Perth/Western-Australia/

Perth financial advice firm Wealth Management Partners has merged with global financial services firm Gallagher.

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Sequoia refreshes finance media brands

Sequoia/Sequoia-financial-group/rebrand/

Sequoia Financial Group has flagged a major rebranding of its two financial news sites, following court proceedings last year.

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AMP fills chief marketing officer role

amp/Marketing/appointment/

Following the departure of its chief marketing officer last year, AMP has appointed a successor to take up the position with the appointment coming from the US.

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DomaCom appoints AI expert as chair

domacom/platform/hires/chair/

Managed investment platform DomaCom has appointed an experienced artificial intelligence leader as its new chair, joining from the same firm as its newly appointed chief executive.

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