Global X portfolio management head exits

global x Global X ETFs portfolio management

Global X ETFs’ head of portfolio management is set to depart the firm in October, the second major departure alongside outgoing CEO Evan Metcalf’s exit.

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Small and microcaps: seizing opportunities

Premium Content

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Relative Return: The return to favour for fixed income

Podcast Relative Return

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Magellan profits spike as firm invests in $22bn fund manager

Magellan Andrew Formica acquisition

Magellan has seen its statutory net profit after tax rise by almost a third in FY24, as it announces a minority stake acquisition in a $22 billion investment manager.

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Adviser inflows boost FY24 NPAT for Fiducian

Fiducian financial advice Indy Singh

Fiducian Group has shared its FY24 results, reporting consistent net inflows of $281 million from its adviser network.

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AZ NGA ‘seizes the day’ with AMP deal

AZ NGA Paul Barrett amp financial advice M&A

AZ NGA’s Paul Barrett unpacks why the firm is the right home for 16 AMP-aligned advice practices and how its M&A history will facilitate the long-term growth ambitions of each business.

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‘Halcyon days ahead’ for advice profession

WT Financial Group Keith Cullen AFSL financial advice M&A

WT Financial managing director Keith Cullen believes it is “halcyon days ahead” for financial advice as it completes a four-year period of M&A activity, with the licensee now looking inward at organic growth.

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JANA extends SMA offering to Melbourne advice practice

financial advice JANA

JANA Investment Advisers has announced it will deliver tailored managed account services to a self-licensed advice firm in Melbourne to meet its diverse client needs.

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Bravura returns to profitability after cost-out restructure

Bravura technology andrew russell

The Bravura cost-out restructure has been achieved with lower costs and in a faster time than initially expected, CEO Andrew Russell said, allowing the business to return to profitability.

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BT and Preqin respond to adviser demand for private markets

financial advisers Preqin blackrock BT private markets private credit

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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MARKET INSIGHTS

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

1 month 2 weeks ago

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

1 month 2 weeks ago

Interesting. Would be good to know the details of the StrategyOne deal....

1 month 3 weeks ago

SuperRatings has shared the median estimated return for balanced superannuation funds for the calendar year 2024, finding the year achieved “strong and consistent positiv...

6 days 16 hours ago

Six of the seven listed financial advice licensees have reported positive share price growth in 2024, with AMP and Insignia successfully reversing earlier losses. ...

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Specialist wealth platform provider Mason Stevens has become the latest target of an acquisition as it enters a binding agreement with a leading Sydney-based private equi...

3 weeks 4 days ago