News

A former financial adviser has been sentenced after stealing $4.4 million from clients, family and friends to feed his gambling addiction. Anthony Del Vecchio pled guilty to 24 charges of obtaining ...
Centrepoint Alliance is acquiring the comprehensive advice review book from a wholly owned entity of Brighter Super, ESI Financial Services Pty Ltd. The Queensland-based super fund has about 280,000 ...
Perpetual outflows have risen by 134 per cent from the previous quarter as the result of client mergers and rebalancing including $2.5 billion from Pendal Asset Management. In its latest quarterly ...
South Australian financial advice firm Calder Wealth Management (CWM) has announced a strategic partnership with a risk advice firm. CWM has formed a strategic partnership with risk advice firm Life ...
First Sentier Investors is the latest investment manager to enter the ETF space, enabling financial advisers and investors to access an existing geared fund via an ETF structure. The global investment ...
Boutique real estate credit manager COI Capital Management has appointed a former private equity head from MLC Asset Management. Kristian Zimmermann spent four years with MLC Asset Management as ...
Australian Ethical Investment has welcomed an independent non-executive director to its board, who previously spent a decade as Colonial First State’s CEO. The ethical investment manager announced ...
The Federal Court has appointed liquidators to wind up Falcon Capital and the First Guardian Master Fund, following an ASIC application. Falcon Capital is set to be wound up after the Federal Court ...
Otivo is officially launching into the financial advice sector, offering up its services to practices as a means of engaging with the next generation of clients. After primarily working with ...
The positive results of the latest financial adviser exam has helped the advice profession reach 15,600 yet again, according to Wealth Data analysis. Some 21 new entrants joined the industry over the ...
Global X has painted a worrying picture for active exchange-traded funds (ETFs) in Australia, with investor adoption proving uneven despite new launches. Global X’s recent ETF insight noted that while ...
The failure of a clinical trial by biotech firm Opthea has caused shares in its backer Regal Partners to decline 52 per cent year-to-date, while funds under management (FUM) declined in the last ...