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 ...
Mason Stevens has partnered with independent advisory firm GloryHouse to leverage its platform for investment management and client services. GloryHouse was founded earlier this year by advisers Garth ...
T. Rowe Price has launched a Flexible Credit Income Fund in partnership with Oak Hill Advisors, bringing Oak Hill’s multi-strategy credit approach to Australian investors for the first time. The ...
The Reserve Bank of Australia (RBA) has decided to hold the cash rate at 3.6 per cent as widely speculated and expected by markets and economists alike following hotter-than-anticipated quarterly ...
BlackRock Australia plans to launch a Bitcoin ETF later this month, allowing advisers to access the cryptocurrency without needing to hold it directly. The iShares Bitcoin ETF (IBIT) is set to be ...
The firm has partnered with five founding executives to launch Benwerrin, with the team bringing more than 100 years combined of experience working in mining, project development, and resource finance ...
AMP has reported a 61 per cent rise in inflows to its platform, with net cash flow passing $1 billion for the quarter. In an ASX update for the three months to 30 September, the firm said platform net ...
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.
Investment solution provider Channel Capital has appointed James Archer as its latest distribution director, joining from Pinnacle Investment Management. Based in Brisbane, Archer will be working to ...
GSFM has formed a distribution partnership with Auscap Asset Management to distribute its equities funds in Australia and New Zealand. The deal will see GSFM distribute Auscap’s High Conviction ...
Based on a survey of some 1,505 financial advisers, Investment Trends’ 2025 Adviser Product and Marketing Needs Report found that, excluding managed accounts, advisers intend to funnel almost a ...
Six months after scrapping its planned deal with KKR, Perpetual is yet to make headway on the sale of its wealth management division, with the option still flagged as “potential”. The firm had ...
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