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....
Elizabeth Ninness, previously an executive consultant with NAB, will take on the role of chief operating officer at Talaria....
Lance Oliver will take on the newly-created role of head of sales at Talaria Asset Management....
Perpetual Limited has announced the promotion of Vince Pezzullo to head of equities within Perpetual Asset Management Australia....
Acquisitions helped Macquarie Asset Management grow its assets under management by 22% but base fees and performance fees were both down during FY21....
Former Ignition Advice chief executive, Manish Prasad, has taken a new role as head of asset management-Asia Pacific at Saxo Markets as the firm expands its offering....
The profitability of asset managers is likely to see a “dramatic” change in the next five years, according to EY, as inflows are forecast to fall to around 2% per annum. ...
MLC Wealth has confirmed changes to its advice business as part of the firm’s separation from NAB Group. ...
Australia’s newest asset manager, Federation, has unveiled its senior investment team and launched its strategy....
So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...