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| | | After reporting a $185 million loss last year, Insignia Financial has clawed its way back to a $16.1 million profit in FY25. Insignia Financial has undergone an extensive cost optimisation program in recent years, which included transitioning its master ... |
| | | | Netwealth Group has delivered its results for the financial year ending June 30, recording "exceptional growth" across all key metrics. Netwealth recorded funds under administration (FUA) of $112.8 billion, which was a 28.2% surge from FY24, while total ... |
| | | | ... optimistic about the future, he flagged heightened regulation is still a concern for the industry. "As Australian savings grow, the complexity of regulations also increases, driving greater demand for our services. This growth brings new compliance requirements ... |
| | | | Perpetual has flagged there will be a non-cash impairment charge of around $153.7 million, post-tax, in its FY25 results after completing impairment testing for the financial year. Perpetual said the non-cash charge includes an additional impairment ... |
| | | | ... it was timely to build on our foundation in private debt markets by teaming up with Salter Brothers who are also keen to grow their private credit business." Salter Brothers is an Australian-owned global alternatives investment manager with offices in ... |
| | | | Global X ETFs can't seem to stop hiring, adding five new team members to its operations this month as its asset base tips over $11 billion in June, well ahead of its FUM target. Adding AI muscle to its technology team, Global X has hired David Croft ... |
| | | | Mutual Trust, the country's largest multi-family office, recruits the founder of the Women in Family Business Network to join its expanding team. Susanne Bransgrove was appointed partner this month, to be based in Brisbane. Prior to joining the ... |
| | | | MLC Expand appointed a general manager, platform development and digital experience. Joining from HUB24, Heidi Press will be responsible for the design and delivery of the next iteration of the MLC Expand wrap platform. She brings more than 20 years' ... |
| | | | A new Praemium study found that managed accounts are slowly becoming an essential tool for local financial advisers. According to the survey, 62% of financial advisers currently used managed accounts, an increase from about 59% earlier this year, and ... |
| | | | Vinva Investment Management and Barrenjoey Capital Partners helped bolster Magellan Financial Group's (MFG) earnings in the 2025 financial year, offsetting lukewarm performance in the investment management business. Vinva and Barrenjoey drove the 202% ... |
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