AustralianSuper and Australian Retirement Trust (ART) have shared their FY25-26 performance and what led to the investment returns. The two super funds are Australia’s largest superannuation funds ...
In the June exam cycle, there were 209 candidates sitting the exam which included 137 who were sitting for the first time. Out of these, 150 people passed which represents a pass mark of 71.7 per cent ...
Last month, the licensing group announced it had acquired the client books and servicing advisers from Cairns Wealth and Pinnacle Wealth, both of which operate within the Astute Financial Management ...
Esencia Wealth has merged with a NSW advice firm, marking its third M&A deal this year while also expanding its client book by 650. The merger with Cove Financial Group, based in Shellharbour, will ...
The private wealth business of Perth-based Euroz Hartleys is to enter a strategic alliance with Canadian bank BMO Financial Group. BMO – which has US$1.5 trillion ($2.3 trillion) in assets under ...
While the last full week of this financial year proved a quiet one, a steep dive throughout June has secured a net loss for the Financial Adviser Register (FAR). The latest Padua Wealth Data analysis ...
Challenger has entered into a binding agreement to merge its multi-affiliate fund management business Fidante with Channel Capital. Under the agreement, active multi-affiliate manager Fidante will ...
Advisers are expanding their use of ETFs, particularly in the active and thematic space, as a way to capture cost-saving opportunities, according to trading platform AUSIEX. While active managers have ...
An advice firm focused on ultra-high-net-worth clients (UHNWs) has separated from Stellan Capital and will operate independently under the brand Cetina Family Office. The Melbourne family office team ...
As the market continues to buzz in anticipation of the SpaceX initial public offering (IPO), Betashares’ dedicated space ETF is designed to fast track new investment inclusions. Earlier this month ...
“The Fund Manager of the Year Awards continue to set the benchmark for excellence in Australia’s fund management industry,” said Laura Dew, editor of Money Management. “This year’s finalists represent ...
A Middle Eastern private equity firm has acquired a minority stake in alternative asset manager La Trobe Financial from Brookfield, valuing La Trobe at $3 billion. Axight is an Abu Dhabi-based private ...