The market itself also grew, with 71 new ETFs being launched over the last year with a net change of 56 ETFs after 15 funds closed during this period. The ETF industry overall now has some 453 ...

Only four licensees saw double-digit adviser losses over the Christmas and New Year period but a tail of more than 100 AFSLs were down by one each. Over the period from 18 December to 8 January, Padua ...

GQG Partners lost almost US$4 billion in outflows during 2025 although investment performance helped to maintain funds under management (FUM). In an FUM update for the 12-month period, it said FUM ...

Magellan Financial Group has announced its flow movements for the December quarter, showing a return to outflows from retail investors. The fund manager announced in June that it would be switching ...

The first adviser numbers have been revealed for the start of 2026, showing the impact of the education deadline which came into force at the end of last year. In an update covering the period from 18 ...

Maple-Brown Abbott’s infrastructure affiliate has announced a partnership with a London-based investment firm, Pacific Asset Management. Maple-Brown Abbott Global Listed Infrastructure (MBA ...

Adviser-led wealth firm Granite Bay Private Wealth has been launched by a group of former Morgan Stanley executives with plans to expand nationwide. The Brisbane and Sydney-based wealth firm is led ...

Over 90 per cent of members of both Regional Australia Bank and Holiday Coast Credit Union (HCCU) have voted in favour of merging. The decision came as both entities held separate special general ...

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 ...

A range of industry challenges continue to plague the financial advice profession, according to BT, particularly as three-quarters of advisers struggle with staff recruitment. The wealth management ...

ASIC has filed proceedings in the NSW Supreme Court that claim Fortnum Private Wealth failed to meet its AFSL obligations due to inadequate policies, frameworks, systems and controls in place to deal ...

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 ...