GDG shares Lonsec results post-business realignment
An increased number of products rated following the boom in private markets funds have seen revenue at Lonsec Research & Ratings rise to $21.4 million.
AUTHOR
POWERED BY MOMENTUM MEDIA
BML Funds to be wound up as manager departs for Platinum
Fund manager BML Funds, which has $1 billion in assets under management, is to be wound up as its chief investment officer Ted Alexander moves to Platinum.
AUTHOR
Laura Dew
Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.
SMA asset boom prompts calls for fee standardisation
As assets in separately managed accounts reach $200 billion, industry stakeholders have formed a committee to standardise their fee reporting.
AUTHOR
Shy-Ann Arkinstall
Managed investment scheme sees assets frozen by Federal Court
The Federal Court has made interim orders to freeze the assets of a managed investment scheme, its responsible entity, and a director.
AUTHOR
Keith Ford
Which financial advice players are driving new entrant growth?
With new entrant numbers up 90 for the calendar YTD, Wealth Data has revealed the top licensee owners that have onboarded new advisers.
AUTHOR
Jasmine Siljic
Jasmine Siljic is a journalist at Money Management. Prior to joining MM, she also worked across other Momentum Media brands as an intern and cadet journalist. She recently completed a Bachelor of Media and Communications at Macquarie University.
Sequoia moves ‘onto the freeway’ after turbulent period
Sequoia Financial Group’s business simplification program has led to a strong profit growth for the first half of FY25, saying it is “out of the congestion and onto the freeway”.
AUTHOR
Jasmine Siljic
Jasmine Siljic is a journalist at Money Management. Prior to joining MM, she also worked across other Momentum Media brands as an intern and cadet journalist. She recently completed a Bachelor of Media and Communications at Macquarie University.
Australian Ethical flags private markets expansion
Australian Ethical has become the latest fund manager to flag an expansion of its private markets range while reporting a 50 per cent rise in statutory net profit after tax in the first half of FY25.
AUTHOR
Laura Dew
Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.
PM Capital bids for 2 Platinum LICs
PM Capital’s Global Opportunities Fund has made a binding offer to acquire the two listed investment companies run by Platinum Asset Management.
AUTHOR
Laura Dew
Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.
TAL appoints 2 to board
TAL has appointed two experienced financial services professionals to its board including a new chair for the business to replace Mark Joiner.
AUTHOR
Laura Dew
Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.
Relative Return Unplugged: Is ASIC making super funds enemies with private market crackdown?
In this episode of Relative Return Unplugged, hosts Maja Garaca Djurdjevic and Keith Ford discuss the corporate
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