The deal will provide a $2 billion boost to Russell’s retail and wealth funds under management (FUM), pushing it to $11 billion, and accelerate the growth of its wealth management business in ...
Global X is to launch an ETF focused on silver miners as the metal’s price passes US$100 for the first time. The Silver Miners ETF (SLVM) will provide access to a global portfolio of companies across ...
“[The key issues] help direct attention to where risks are most likely to emerge and underscore where ASIC is focused to safeguard trust, integrity and confidence in Australia’s financial system.” ...
Global asset manager Janus Henderson will acquire US-based multi-asset investment manager Richard Bernstein Advisors (RBA) in its first move since the firm’s own acquisition last month. Founded in ...
Industry Fund Services (IFS) has changed the name of its new advice licensing model following backlash from financial advisers last week over its use of the word ‘independent’. Early last week, IFS ...
The Betashares S&P 500 Equal Weight ETF (QUS) has surpassed $1 billion in assets as investors look beyond the US’ Magnificent Seven stocks. The ETF provides exposure to 500 leading listed US companies ...
This will form part of EQT’s new secondaries business segment alongside its existing private capital and real assets segments but the origination and investment process will remain independent. Coller ...
UBS Asset Management has appointed Adam Quaife as country head of Australia and New Zealand and head of institutional client coverage Australia. This... Perpetual has experienced $7.8 billion in ...
AMP Limited has launched a new planner training and development program replacing its Horizons program – Adviser Pathways. The company announced the program was based on a minimum degree standard as ...
“If you get the initial advice wrong but the claim advice leads to a payment being made, the client may still be happy; however, if you get the initial advice right but the claim advice leads to the ...
In a quarterly update, the firm said platform net cash flows in the second quarter of 2025 calendar year were $1.5 billion. This is up 63 per cent from the prior corresponding period when they stood ...
Private wealth firm Escala Partners is seeking to become a leading player in the Australian advice landscape, helped by backing from US player Focus Financial. It was announced in July that private ...
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