Industry Updates

Jeremy Cooper joins Bennelong board

Former Challenger retirement income chair and lead of the eponymous Cooper Review under the Rudd government, Jeremy Cooper, has joined Bennelong Funds Management as non-executive director.

Industry UpdatesFebruary 9, 2024

Court rules Block Earner crypto product needs AFSL

Fintech company Block Earner has been found by the federal court to have engaged in unlicensed financial services conduct when offering its crypto-backed Earner product.

Industry UpdatesFebruary 9, 2024

Advisers are buying more ETFs, especially for younger clients: AUSIEX

More financial advisers are favouring low-cost ETFs, with nearly a third (31 per cent) of their buying volumes directed to ETFs in 2023, according to trading platform AUSIEX.

Industry UpdatesFebruary 8, 2024

Kiwi sovereign wealth fund closes in on NZ$70b mark

Kiwi sovereign wealth fund NZ Super is edging close to NZ$70 billion ($65 billion) in total assets, ending the calendar year with 16.03 per cent pre-tax return.

Industry UpdatesFebruary 8, 2024

J.P. Morgan launches adviser portal in Australia

J.P. Morgan Asset Management has launched its adviser portal in the Australian market.

Industry UpdatesFebruary 8, 2024

BlackRock names head of Australia

BlackRock has appointed Jason Collins as head of Australia, reporting to Andrew Landman who was appointed deputy head of APAC, head of Southeast Asia and Oceania, and head of APAC wealth last month.

Industry UpdatesFebruary 8, 2024

AI a bigger opportunity than the internet: Fund manager survey

Close to half of Australian investment professionals think AI is a bigger opportunity than the internet, according to a Natixis Investment Managers global survey.

Industry UpdatesFebruary 8, 2024

Aware Super appoints COO in executive team shake-up

Aware Super has reorganised its executive team, appointing HESTA chief financial officer Sally Collins as chief operating officer with an expanded remit.

Industry UpdatesFebruary 7, 2024

Novigi acquires QMV Solutions

Novigi has completed its acquisition of QMV Solutions, an advice, data and technology business.

Industry UpdatesFebruary 7, 2024

PIFA launches independent advice week

The Profession of Independent Financial Advisers has launched Independent Financial Advice Week, an event designed to facilitate public access to financial advice.

Industry UpdatesFebruary 7, 2024