MANAGED FUNDS

Funds management

DomaCom has temporarily withdrawn the product disclosure statement of its DomaCom managed investment fund for new business at the request of its trustee....

Funds management

Switching from managed funds to lower-cost ETF products could save Australian investors nearly $4 billion in total fees per year, according to Global X....

Funds management

In an update to the case of managed fund Shield Master Fund, the Federal Court has appointed an independent party to have full control of its bank accounts and prevent th...

Funds management

ASIC has obtained interim orders from the Federal Court to freeze the assets of a registered managed fund and prevent its former director from leaving Australia. ...

Funds management

Australian Ethical has reported a 15 per cent FUM rise as it scales up the business to benefit from a mega trend of responsible investing. ...

Funds management

Funds under management at Australian Ethical are approaching $10 billion as net flows rise 39 per cent in the first half of FY2023–24....

Funds management

The financial services platform has provided updated results from last financial year and expected FY24 earnings as it nears completion of its transformation program by t...

Funds management

Property funds have seen record quarterly outflows in the third quarter of 2023 while investors have demonstrated a bias to Australian equities over global ones, accordin...

People & Products

Iress has completed the sale of its managed funds administration business to SS&C Technologies with managed portfolio CEO John Harris to depart....

Funds management

The firm’s new managed fund aims to provide investors with the opportunity for income and superior risk-adjusted returns in the short duration fixed-interest sector. ...

Funds management

WTW has expanded its Australian investments business with the acquisition of the management rights to two funds from NSW-based advice business, Profile Financial Services...

Financial planning

The firm has entered an agreement with SS&C to divest its managed funds administration business for $52 million with the deal expected to close in Q3 FY23 as it details i...

Funds management

Although emerging markets managed to buck the trend, riskier assets such as equities, property, and mixed asset funds have seen record outflows in the second quarter of 2...

Funds management

Research from Rainmaker Information has found investors could potentially make more money by investing in managed investment products experiencing net outflows over chasi...

Policy & Regulation

The corporate watchdog has commenced consultation on proposals to revise ‘sunsetting’ class orders relating to the managed funds industry....

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MARKET INSIGHTS

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

3 days 13 hours ago

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

3 weeks 1 day ago

increased professionalism within the industry - shouldn't that say, FAR register almost halving in the last 24 months he...

4 weeks 1 day 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 3 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 ...

2 days 11 hours ago

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

1 day 14 hours ago