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.
February 08, 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.
February 08, 2024
J.P. Morgan launches adviser portal in Australia
J.P. Morgan Asset Management has launched its adviser portal in the Australian market.
February 08, 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.
February 08, 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.
February 08, 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.
February 07, 2024
Novigi acquires QMV Solutions
Novigi has completed its acquisition of QMV Solutions, an advice, data and technology business.
February 07, 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.
February 07, 2024
Count firm acquires Victorian firm’s accounting client book
Count has acquired the accounting client book of Melbourne-based May Klye & Associates via member firm Bruce Edmunds & Associates.
February 07, 2024
Advisory firm Morrows names new leadership team
Melbourne advisory firm Morrows has appointed a new executive leadership team.
February 07, 2024
Almost half of Australians worried about financial stability: Research
Amid uncertainties, Australians are worried about their financial situation and looking out for their family in case of unexpected events, according to report from life insurer NobleOak.
February 06, 2024
iExtend secures debt funding and CAR
iExtend has secured its first round of debt funding to support future growth, following its engagement with ASIC last year to be granted a new retail AFSL.
February 06, 2024
