Fund managers ease adviser fears with semi-liquid products

liquidity/private-markets/private-credit/UBS/Morgan-Stanley/State-Street/

Financial advisers nervous about the liquidity of private markets funds for their retail clients are the target of fund managers launching semi-liquid products which offer greater flexibility and redemptions.

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Staying on track as a responsible manager

law/Holley-Nethercote/compliance/responsible-managers/ASIC/

With Sanlam Private Wealth coming under ASIC pressure regarding the number of responsible managers in its business, law firm Holley Nethercote explores what the role entails and how to stay on the right side of the law.

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Pendal’s Blayney joins Evidentia Group

pendal/Pendal-Group/appointment/

Former Pendal head of multi-asset Michael Blayney has been appointed as a member of the investment committee at specialist managed accounts provider Evidentia Group.

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Iress divests super arm in latest transformation step

iress/Marcus-Price/fintech/apex/

Iress has announced it will divest its superannuation business as the latest step in its transformation program, allowing it to focus on wealth management.

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Australian Ethical passes $13bn FUM despite super delays

Australian-Ethical/funds-under-management/flows/responsible-investing/ethical-investing/

Australian Ethical has seen its funds under management surpass $13 billion in the latest quarter, thanks to retail and wholesale net flows of $173 million but a transition project by Mercer affected superannuation flows.

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Which asset class is experiencing the biggest salaries?

Robert-Walters/salary/remuneration/recruitment/

A salary guide has unpacked the salaries earned in various asset classes, with managing directors in one space earning north of $500,000.

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MA Financial to list Credit Income Trust

private-credit/funds-management/

MA Financial Group has announced it has secured commitments of $171 million for its latest MA Credit Income Trust, with expectations to raise $300 million by its March listing.

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Insignia seeks higher bid from CC Capital

insignia/insignia-financial/M&A/private-equity/

Insignia Financial has granted CC Capital access to select company information in the hope of securing an improved offer from the private equity firm.

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How will advisers’ salaries change this year?

Robert-Walters/salary/remuneration/recruitment/

Recruitment agency Robert Walters has revealed the expected salary ranges for Australian financial advisers in 2025, with one particular state seeing a decline.

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The ‘great privatisation of wealth’ set to continue in 2025

private-equity/M&A/mergers-and-acquisitions/insignia/insignia-financial/amp/

As global PE firms scope out the Australian wealth management industry, Finura predicts which other local names may potentially receive a takeover offer this year.

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