ASSET MANAGEMENT

Financial planning

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...

Funds management

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...

Funds management

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 ...

Funds management

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....

Funds management

The global financial services firm has taken on a second AFSL as it looks to capitalise on the high-net-worth market in Australia....

Funds management

Almost three-quarters of asset management chief executives globally are worried a lack of talent will negatively impact their growth, according to KPMG....

Funds management

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...

Funds management

Ethical fund manager, Ethical Partners, is understood to have closed up shop after six years in business....

Funds management

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....

Funds management

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....

Funds management

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....

Funds management

Zenith has identified various asset managers which have performed strongly and those which have struggled in the second quarter of this year....

Funds management

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....

Funds management

Senior executives from UniSuper, UBS and Macquarie Wealth have officially launched Playfair Asset Management to support superannuation funds....

Funds management

Institutional investors plan to increase their exposure to real assets over the coming years, according to new research from Aviva Investors....

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MARKET INSIGHTS

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

1 day 4 hours ago

Interesting. Would be good to know the details of the StrategyOne deal....

5 days 10 hours ago

It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...

3 weeks 3 days ago

Insignia Financial has made four appointments, including three who have joined from TAL, to lead strategy and innovation in its retirement solutions for the MLC brand....

2 weeks 5 days ago

A former Brisbane financial adviser has been charged with 26 counts of dishonest conduct regarding a failure to disclose he would receive substantial commission payments ...

4 days 8 hours ago

Pinnacle Investment Management has announced it will acquire strategic interests in two international fund managers for $142 million....

3 days 11 hours ago