Money Management

Adviser numbers stabilise after two-week turbulence

Another week of double-digit new entrants has kept the profession in a positive growth position while several of the biggest licensees recorded adviser losses. This is thanks to another 11 new ...
Money Management

Three Sydney advisory firms back Arcpoint OCIO

Its first three mandates come from ek Private Advisory, Capella Advisory, and United Advisory. ek is a private client advisory firm, Capella is a multi-practice licensee, and United Advisory is an ...
Money Management

Scaling without sacrifice in today’s practice market

As the advice industry reaches an inflection point in M&A and consolidation in its search for scale, research suggests that using the old ‘growth for growth’s sake’ strategy will only increase ...
Money Management

Why new managers struggle to crack the ETF market

As the ETF market becomes increasingly attractive for investment managers, a State Street specialist argued that launching the fund is the “easy part”. When it comes to investment vehicles, ETFs are ...
Money Management

K2AM closes small-cap active ETF

In an ASX statement, the fund manager said it will close its Australian Small Cap Hedge Fund Complex ETF (KSM) as it believes it is unlikely to achieve scale. The ETF invests in Australian and New ...
Money Management

Capstone unveils self-licensing services venture

Capstone Financial Planning has opened the doors on a new venture, CapBack Licensee Solutions, as an offshoot of the business focused on supporting self-licensed practices. CapBack is a comprehensive ...
Money Management

Timing right for Aussie government bond ETFs

Pitcher Partners has argued its case for Australian government bond ETFs as faith in the asset class waivers after disappointing performance in the post-COVID era. The shine has come off government ...
Money Management

AZ NGA backs regional NSW advice firm

Advice platform AZ NGA has entered a partnership with Back to Back Financial Planners (B2B), using its first deal of the year to extend its reach in regional New South Wales. Founded in 1990 by ...
Money Management

Adviser sentiment on the rise but admin remains a bugbear

Over two-thirds of advisers are confident their advice business will remain stable in the year ahead, according to CoreData. The research firm said confidence was already on a upward trend with ...
Money Management

The biggest ETF launches of Q1

The Silver Miners ETF (SLVM) will provide access to a global portfolio of companies across the exploration, mining and production of silver, benchmarked against the Solactive Global Silver Miners Net ...
Money Management

Russell Investments completes Zurich IM acquisition

The deal was first announced in January and provides a $2 billion boost to Russell’s retail and wealth funds under management (FUM), pushing it to $11 billion. The Zurich suite of funds will be ...
Money Management

FSC appoints deputy chair, two directors to board

The Financial Services Council (FSC) has announced a new deputy chair as Alexis George steps back amid her AMP departure. George had joined the FSC board in September 2023 and became deputy chair a ...