Advance Asset Management

Funds management

Perpetual sees $5.1bn outflows post Pendal deal

Since closing the Pendal deal earlier this year, Perpetual AUM has grown by $1.7 billion while it saw $5.1 billion net outflows, mainly in global equities strategies and ...

Funds management

3 directors join Mercer Australia boards

The firm has announced new non-executive director appointments to the boards of Mercer Investments, Advance Asset Management, and Mercer Superannuation, effective 1 July ...

Funds management

Advance AM to cease direct retail distribution

Advance Asset Management has announced changes to the eligibility criteria for investment in its wholesale unit funds, months after it transitioned to Mercer Australia. ...

Funds management

Westpac still considering sale of platforms and super business

Westpac’s first-half results announcement has confirmed the brands still under consideration for sale as part of the big banking group’s Portfolio Simplification strategy...

Features

Microcap and small company research lifts Aussie equity fees

Resources put into intensive research has boosted fees for Australian equity funds focused on microcaps, Jassmyn Goh finds. This is part two of the fee comparator feature...