The increasing democratisation of private markets
A strong market environment, product evolution and access to institutional-quality managers has helped fuel the adoption of private markets, but expect to see a larger disparity between the winners and losers in the coming decade.
October 02, 2025
The case for PE secondaries in a diversified portfolio
The private equity (PE) secondaries market has expanded rapidly in recent years and eligible high net worth and sophisticated retail investors can now access the PE secondaries market through semi-liquid, evergreen structures. Buying later gives secondary investors substantially more information about underlying holdings, which reduces blind pool risk and improves price discovery.
October 02, 2025
Vanguard wants to do more on ‘small a’ advice
Despite the fact that its global business operates popular robo-advice tools, Vanguard Super has no intention of “leading the charge” on technology-enabled advice down under instead relying on “small a” advice that relies on nudges and personal guidance tools should the next phase of advice reform get completed.
October 01, 2025
Entireti re-launches legacy managed account service
Entireti has re-tooled a managed account service it picked up during the acquisition of Australian Unity’s financial advice business, rebranding it as Salita Portfolio Services. The separately managed accounts offering is supported by the investment consulting capabilities of Evidentia Group’s Lonsec Investment Solutions.
October 01, 2025
‘Patriots not mercenaries’: Shadforth targets values-aligned practice in latest deal
Shadforth has acquired Melbourne-based financial advice firm PMD Financial Advisers in the first of what may be a series of deals. The business intends to grow both organically and through M&A with the latter still very being dependent on acquirees willingness to buy into Shadforth’s values.
October 01, 2025
The deal only Macquarie could do
Macquarie’s decision to compensate its superannuation customers who lost money in the collapse of the Shield managed investment scheme looks good, but – having been caught red-handed – it really had no choice, writes Simon Hoyle. And the way the compensation is structured will ultimately cost it a fraction of the headline figure.
September 26, 2025
Shield, First Guardian debate heats up in Canberra
Macquarie’s compensation of Shield investors has forced both the government and opposition to make comments about the collapse of that fund and First Guardian, with Shadow Minister Pat Conaghan continuing to prosecute the case about Labor’s mishandling of the managed investment scheme review.
September 26, 2025
