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Financial planning
Funds under administration on the HUB24 platform grew 141% to $41.4 billion in the last financial year as the firm saw 48% growth in adviser users. ...
Financial planning
Praemium has reported quarterly inflows to amount to $1.2 billion while total funds under administration achieved record $41.7 billion. ...
Funds management
While Wilson Asset Management is seeking mispricing opportunities in the listed investment company space, this does not necessarily mean those selected are underperformin...
Funds management
Technology stocks had a “rocky month” in May, with the S&P ASX 200 Information Technology sector losing 10%. ...
Superannuation
Kohlberg Kravis Roberts and Co has put in an offer to buy Link’s 44.18% share of PEXA while the firm still explores the possibility of an IPO. ...
People & Products
The Australian Securities Exchange has announced that after 23 years of service, its deputy chief executive, Peter Hiom, has resigned....
Superannuation
SS&C’s strategy to move further into the Australian administration market is remaining on track thanks to an improved bid to acquire Mainstream. ...
Funds management
While oil prices are up 30%, the returns for Australian oil producers have been muted since the start of the year as the impact of the COVID-19 pandemic has reduced deman...
Policy & Regulation
It will pay a penalty of $126,000 after it was deemed to have entered a market transaction that was not in accordance with the client’s instructions....
Funds management
Mining and banks will become a smaller component of the Australian Securities Exchange and there will be more fintech businesses instead, Tribeca believes....
Financial planning
Countplus has further leveraged its Owner/Driver strategy to deliver increased scale via the merger of two of its member accounting firms....
Financial planning
Fewer provisions and the success of new strategies has seen Westpac post a solid first half....
Funds management
Centuria Capital Group is to merge with Primewest, creating a real estate fund manager with combined $15.5 billion in assets under management. ...
Funds management
While small caps are leading markets globally, there has been a reversal in Australia where small caps underperformed large caps in the first quarter....
Funds management
Those investors who have only invested in the stockmarket in the past year are likely to be challenged in the next few weeks as the market undergoes a pullback, according...
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Podcast
Interesting. Would be good to know the details of the StrategyOne deal....
It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...
increased professionalism within the industry - shouldn't that say, FAR register almost halving in the last 24 months he...