AMP North adds 6 managed portfolios

North, AMP’s wrap investment platform, has added six new managed portfolios to its investment menu and launched an interactive tool for financial advisers.

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Wealth managers look to boost revenue amid fee pressure: Capgemini

Capgemini has identified how wealth management firms can boost their revenue after they report “substantial pressure” in the face of slower market growth and a challenging macroeconomic landscape.

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3 major licensees welcome adviser gains amid ‘volatile’ June

Three of Australia’s largest licensees saw growth in their financial advice numbers over the past week, despite an overall double-digit decline across the wider industry for the second week.

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Magellan sees return to positive FUM growth

Funds under management at Magellan have returned to growth in May after a lull in April.

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ASIC caught up in social media scam

The corporate regulator has issued a warning that its logo is being misused to perpetuate a social media scam promoting fake investment.

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Sydney wealth firm sees AFSL cancellation by ASIC

ASIC has cancelled the AFS licence of a Sydney wealth firm, the fifth Sydney firm to see a cancellation since the start of the year.

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Relative Return: How advisers can use thematic ETFs in portfolios

In the latest episode of Relative Return, host Laura Dew chats with Manny Damianakis, head of sales at Global X, about the popularity of thematic ETFs and the benefits they offer advisers.

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Taking the leap from associate to provisional adviser

Three advisers share their experience and guidance when stepping up from an associate role to a provisional financial adviser, including the responsibility of managing their own clients for the first time.

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Active Super found to have made misleading ESG claims

The Federal Court has found Active Super made misleading representations regarding its ESG credentials, specifically around excluding Russian investments at the time of the Ukraine invasion.

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The fund manager M&A demand for private markets

There have been four major deals in the private markets space since March as asset managers look to capitalise on the rapid growth in demand for alternatives.

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