Less than one week after imposing an interim stop order on the La Trobe Australian Credit Fund, the order has been lifted. The order was imposed on 18 September by ASIC after concerns that the target ...
There may be growing interest in private markets, but a survey by advice firm Apt Wealth Partners has found even high-net-worth (HNW) investors lack sufficient knowledge of their complexities. The ...
A former financial adviser who stole $4.4 million from his family and friends to feed gambling debts has been permanently banned by ASIC. Anthony Del Vecchio was sentenced on 16 April at the County ...
When it comes to the phase-out of AT1 bonds, Schroders fixed income manager Helen Mason has urged financial advisers to sell up sooner rather than later or risk capital losses. Prudential regulator, ...
Managed accounts saw net inflows of $16.7 billion in the six months to 30 June. In its biannual FUM census, the Institute of Managed Account Professionals (IMAP), in conjunction with Milliman, found ...
Financial advisers are demonstrating growing interest in crypto ETFs, with momentum pushing assets in these products past $800 million. According to Global X, there is a growing appetite for digital ...
Global X analysis has revealed the Australian ETF market has grown by more than a third in the past year, driven by net inflows, which are almost double the pace of 2024. As of 31 August, the ETF ...
BT is to launch a new low-cost investment menu for its Panorama platform called “Focus”, in partnership with Vanguard. Available on BT Panorama from 1 October, it will offer four Vanguard passive ...
LGT Crestone has announced a rebrand, marking a “decisive milestone” following its acquisition of Commonwealth Bank’s high-net-worth financial advisory business in June. As the latest step in the ...
Adviser gains have already doubled since the start of FY25, according to this week’s Padua Wealth Data, with momentum gathering pace far faster than the previous financial year. For the week of 10 ...
The second annual Australian Wealth Management Awards brought an unparalleled awards program that recognised the top businesses and professionals in the wealth management industry across the nation.
Financial advice group Wealth Architects has seen a global insurance platform acquire a majority shareholding, the latest in overseas interest in Australian financial advice. The firm, which is led by ...
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