International equities propel ETF flows in Q3

ETFs/vanguard/international-equities/

International equity ETFs continue to encompass the lion’s share of the broader Australian ETF industry’s growth, with the segment accounting for 60 per cent of quarterly flows in Q3.

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DASH secures additional $10m for IPS acquisition

dash/fintech/technology/platform/

Financial advice software DASH Technology Group has received a further $10 million investment from Bailador Technology Investments to fund its acquisition of Integrated Portfolio Solutions.

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Relative Return Unplugged: Is the RBA’s independence being tested?

Podcast/Relative-Return/

Welcome to the inaugural episode of Relative Return Unplugged, where we dive into one of the most pressing issue

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Sydney fund manager sees AFSL cancelled

ASIC/fund-manager/AFSL/

ASIC has cancelled the AFSL of a $250 million Sydney fund manager, one of two AFSL cancellations announced by the corporate regulator.

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How many AFSLs were cancelled in FY24?

ASIC/AFSL/cancellation/

ASIC has shared data on its licensing activity during the 2023–24 financial year, including how many were cancelled or suspended.

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AMP enjoys rise in adviser numbers

Wealth-Data/adviser-numbers/amp/

Australia’s largest financial advice licensee has led adviser growth over the past week, while 15 new entrants joined the industry.

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Do consumers trust AI-generated advice?

artificial-intelligence/financial-advice/analyst/chatgpt/

A research paper has detailed whether individuals are more or less likely to change their investment decision when the advice is generated by human or by artificial intelligence, including any gender differences.

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Netwealth reports record quarterly FUA rise

netwealth/matt-heine/technology/CFO/

The investment platform saw its highest-ever quarterly rise in funds under administration over the September quarter, as it also provides an M&A update.

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Platinum reports first FUM rise in 7 months

Platinum-Asset-Management/FUM/Regal-Partners-Limited/Platinum/

Platinum Asset Management has seen its first rise in funds under management in seven months, helped by positive investment performance.

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Investment Trends appoints head of sales

investment-trends/appointments/financial-advice/

Research house Investment Trends has made a new hire to head up its Australian sales team.

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