The Financial Advice Association Australia (FAAA) has described this week’s ASIC levy estimate for advisers as “crippling” for the sector. Corporate regulator ASIC announced this week that the ASIC ...

European private equity giant EQT has increased its bid for Perpetual. Perpetual said in an ASX announcement late on 16 July that it had received a revised non-binding, conditional and indicative ...

Russell Investments is to be acquired by an investor consortium led by US venture capital firm B Capital. Based in California, B Capital is a venture capital firm and the investor consortium it has ...

Two licensees are leading the start of the financial year’s gains with more than 10 new advisers each, according to Padua Wealth Data. At the start of the year, it looked like a negative period was ...

Brisbane-based Sharpbridge Funds Management is looking to launch its first fund for retail investors. The global equities fund manager was set up last April with the fund structured as a information ...

VanEck has rebranded its international equity ETF with the provider turning to generative AI-powered stockpicking for the fund. Last week, the provider announced in an ASX statement that the VanEck ...

With greater regulatory scrutiny of platforms, AMP’s platform leadership team has shared how it is enhancing the platform to meet adviser needs. Speaking in Sydney, the firm’s platform executives ...

FinCap has launched a managed account platform with three managed portfolios for wholesale investors and their advisers. The FinCap Private Markets Platform launches with three managed portfolios ...

Integro Private Wealth has expanded its leadership and technical teams as it continues building its national footprint, saying the appointments will strengthen the firm’s operational capacity as it ...

Four in 10 advice firms are relying on a single adviser, according to Business Health, creating potential problems around succession planning. The firm’s What If report, issued in June, said 41 per ...

Two Betashares ETFs focused on quality investing have surpassed $1 billion in funds under management, buoyed by strong investor demand for strategies targeting companies with resilient earnings and ...

For the first time in years, fixed income investors no longer have to choose between income and diversification, according to MFS Investment Management. After a decade of ultra-low interest rates and ...