Insignia Financial intends to be the leading wealth manager by 2030 as it moves away from acquisitions to achieve $200 million in cost savings per annum over the next fiv...
The competitive position of active managers is weakening and they will be unable to compete with passive players unless they diversify their product range, according to M...
Perpetual’s new chief executive Bernard Reilly has told shareholders how he hopes to turnaround the firm’s asset management division with greater cost simplification and ...
Perpetual has reported positive quarterly net inflows for the first time in 12 months, the first under the remit of new chief executive Bernard Reilly....
The global financial services firm has taken on a second AFSL as it looks to capitalise on the high-net-worth market in Australia....
Almost three-quarters of asset management chief executives globally are worried a lack of talent will negatively impact their growth, according to KPMG....
Perpetual has reported a statutory loss of $472 million for FY24 after experiencing heavy asset management outflows, while chairman Tony D’Aloisio is to retire from the b...
Ethical fund manager, Ethical Partners, is understood to have closed up shop after six years in business....
The cost of running an ESG fund is on the rise, and firms and investors are in debate how much this extra cost should impact product costs....
ASIC has cancelled the AFSL of a Victorian asset manager, seven months after an officer of the company was charged with money laundering offences in an AFP investigation....
Perpetual saw $4.3 billion in outflows from its asset management division in the last quarter to 31 December, but market movement meant overall AUM increased....
Zenith has identified various asset managers which have performed strongly and those which have struggled in the second quarter of this year....
Perpetual has announced leadership changes to its asset management executive team as it reports FY23 NPAT down 42 per cent thanks to $8.1 billion in net outflows....
Senior executives from UniSuper, UBS and Macquarie Wealth have officially launched Playfair Asset Management to support superannuation funds....
Institutional investors plan to increase their exposure to real assets over the coming years, according to new research from Aviva Investors....
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...
This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...
Interesting. Would be good to know the details of the StrategyOne deal....