Vanguard Investments Australia has launched a suite of Core-Satellite Model Portfolios, partnering with Lonsec Investment Solutions (LIS), part of Evidentia Group. Utilising LIS’ targeted manager ...
As interest in managed accounts continues to grow, ASIC commissioner Alan Kirkland reasserted the regulator’s intentions to conduct surveillance on advisers and licensees using managed accounts to ...
Perth advice firm Integro Private Wealth has appointed Glen Mesch as head of advice and growth to spearhead a major business development initiative aimed at expanding the firm’s national reach.
With the intergenerational wealth transfer underway in Australia, wealth management firms are focusing both on attracting the next generation of clients and the next generation of advisers to service ...
As private markets garner mainstream attention, a panel of experts believe access to the asset class through managed accounts will become more widely available, providing opportunities for advisers to ...
ASIC wants to expand proceedings against Equity Trustees to seek compensation for members following Macquarie’s agreement to pay $321 million over Shield failings. The corporate regulator wants to ...
Advice firm Apt Wealth Partners has appointed Andrew Dunbar as CEO to lead the firm in its next growth phase, while former CEO James McGregor will step up as executive chair to focus on M&A plans.
Fidelity International has appointed Thomas Taw to the newly created role of head of ETF distribution for APAC, joining from a decade at BlackRock. Based in Hong Kong, he will be responsible for ETF ...
Up to 20 per cent of wealth and asset managers are set to be acquired by 2029, according to Morgan Stanley, with focus expected to move to ‘inter-sector’ deals between industries. The firm’s report, ...
ASIC has enacted civil penalty proceedings against Fiducian Investment Management Services (FIMS) alleging it breached its duties as a responsible entity and engaged in misleading and deceptive ...
Wilson Asset Management has lost the bid to take over running the Platinum Capital (PMC) listed investment company, with shareholders opting for L1 Capital. Both L1 Capital and Wilson had put forward ...
This year’s third quarter includes multiple chief executive appointments as well as the exit of several experienced portfolio managers who had worked at their firms for over a decade. Founding ...